Right Now May Be The Best Time Ever To Move To A New BD (A Story In 3 Charts)
At many firms, the biggest factors in determining the size of your transition package are AUM and trailing 12 revenue. With markets continuing their upward climb, odds are your numbers have never looked better. And since we all know it isn’t a matter of “if”, but “when” we see the next bear market – locking […]
The Journey To Independence – Is It Worth The Cost?
To breakaway or not to breakaway Hear what independent advisors have to say Independence with no regrets The year of independence is upon us. Whether advisors liked it or not, many found themselvesacting as independent advisors last year, even if they hadn’t officially broken away. Our webinar with Cetera’s John Pierce goes in depth about […]
Over $3B Exits Merrill: What Should Those Still Holding On At The Herd Do?
It could be a long holiday weekend for Merrill Lynch execs looking to patch the hole in the side of their barn blasted by over $3B in advisor/team exists in just the past few weeks. As reported by AdvisorHub: Washington State-based team that is led by William A. “Andy” Allison and Jay Buxbaum and produced […]
Recruitment Deals: Is The Glass Half Full or Half Empty
Understanding Your Perspective Big Pay-Day vs. Long Haul Value Building The Truth behind Transition Packages There’s a glass of water on the table. The water sits at about the halfway line of the glass. Now the classic question, is it half full or half empty? There’s no right or wrong answer and everyone sees it […]
Taking The Leap
It’s a classic scene – a kid at the pool braving the high dive for the first time. They muster up the courage to climb the ladder to the top only to realize just how high it really is. They’re afraid, ready to turn around and retreat back to safety only to find the next […]
The Benefits Of A Business Valuation
Countless business owners avoid going through a valuation due to having a misinformed or antiquated view of what occurs. Many believe incorrectly that the process of getting a valuation is intrusive, time-intensive, and expensive, but that was yesterday. The reality is, getting a valuation of your business is one of the best things you can […]
Mariner Wealth Buys AdvicePeriod
AdvicePeriod and Mariner Wealth join forces The start of the largest national advisory firms Independence with a strong backing There’s a big blockbuster deal on the horizon, and in comes in the way of Mariner Wealth buying Steve Lockshin’s $5.1B RIA, AdvicePeriod. The deal, which is expected to close at the end of August, will […]
LPL’s $1.3 Billion Cup Of Coffee
“Twenty years ago, there were two ways to take coffee: Caffeinated and decaffeinated,” (LPL managing director of business development Rich) Steinmeier said. Then along came flavored creamers and then the many ingredients you can add to coffee at Starbucks, he said, calling it “uber-personalization” that allows it to potentially “make a unique drink for every […]
LPL Launches Linsco: New Hybrid Model
Newest Employee-Advisor Model Independence without the hassle A host of exciting advisor options exist These days, it seems like new advisor models and advisor hybrid models (and hybrid of hybrid models) are popping up left and right! COVID-19 and the stay-at-home order gave advisors a taste of the freedom that some independent models have to […]