Pinpointing a Legacy Firm in an M&A World
According to Wealthmanagement.com’s recently released 2023 M&A Outlook, advisory firm activity was on fire in 2022. Seventy percent of respondents to a survey conducted by Wealthmanagement.com and Informa Engage indicated that their firm had explored an acquisition, sale or merger in 2022, while 44% said their firm had actually executed an M&A deal.
A Partner Who Sees You for Who You Are
“I can’t wait to hear another ‘no’ from compliance” – said no one, ever!
The Race to the Bottom Is Over. Here Comes the Big Squeeze
Schwab’s Insurance Requirements and New SEC Regulations Drive Up Barriers to Independence
Reframing What a Broker-Dealer Can Be
Use the term ‘broker-dealer’ and the connotations are instant: Behemoths. Slow-moving. Inflexible. Stuck in antiquated ways of running a business. Oil tankers or freight trains, if you want to get metaphorical about it.
A Little Bit Country, A Little Bit Rock ‘n’ Roll – and a Whole Lot of Punk
When you think about the financial services space, what comes to mind immediately probably isn’t Loretta Lynn, Johnny Cash, Kurt Cobain, Tom Petty or Joan Jett.
Where Are We Now? A Look Back at Two Years Under RegBI
It’s been over two years since the SEC introduced the Regulation Best Interest – better known as RegBI – to establish, as the name suggests, a “best interest” standard of conduct to be followed by financial professionals when they make recommendations to retail customers of any securities transaction or investment strategy involving securities. RegBI, which […]
5 Compelling Reasons to Leave Your Insurance Broker-Dealer (and Where to Go Instead)
Insurance brokers are bound by rules that other financial professionals aren’t. Both individual firm policies and industry regulations can create significant challenges, especially if you dream of independence and the freedom to run your business the way you want.
How a Research Partner Makes Managing Unpredictable Markets Easier
We’re hearing a lot of questions and conversations lately about what’s coming next for the market. We’ve been dealing with uncertainty and unpredictability for so long that it feels like we may never make it through to the other side, and we’re all looking for ways to create the most successful outcomes possible for our […]
Building a Financial Practice with a Focus on Teaching
Most of us in the financial services industry don’t think of ourselves as educators. Sure, we’re ready to help our clients better understand how to invest, save, and budget, but not many of us put teaching at the core of our businesses — and we could be missing out. Ryan Ledden of Black Oak Asset […]
How to Go From a “Financial Professional” to “Business Owner”
How to make the leap from “financial professional” to “business owner” is a question we hear from a lot of financial professionals. Hiring a team means you can accomplish more than you could as a sole practitioner — you can service more clients, offload tasks you just don’t enjoy doing, and work with other high-performing professionals […]