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 […]
Top Tech Trends For FA’s
The future is tech Technology gaps The new normal of remote work Technology is a powerful tool that drives just about everything we do. It’s all around us: in our kitchens, in our cars, even on our wrists. And while there may be a large technology gap that’s evident all across the industry, in terms […]
What JP Morgan Buying OpenInvest Means For You
OpenInvest has been making big headlines this July after being bought by J.P. Morgan. OpenInvest will retain its brand while being integrated into the J.P. Morgan Private Bank and Wealth Management client offerings — however, there are way more changes ahead! As part of the acquisition, OpenInvest is ending their days as a money manager […]
On Which Shoulder Does Your BD Sit?
We’ve all seen the angel and the devil on the shoulder play out in the movies − after all, it’s a classic Hollywood trope. At the crossroads of an important decision, poof… in come these opposing influencers to try their best to sway the character towards their definition of the right or wrong choice. Well, […]
Battle Of The Custodial Giants
There’s a heavyweight match brewing in the custodian game, and Goldman Sachs just entered the ring. Goldman is in the beginning stages of building out an RIA custodian and clearing platform. Once complete, they’ll be out there looking to go toe-to-toe with big names like Charles Schwab, Fidelity, and Pershing. But what’s making this battle […]