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LPL Financial Launches Bespoke Planning and Investing Solutions to Help Advisors Attract and Serve High-Net-Worth Investors

Retrieved on:

Tuesday, February 20, 2024

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SAN DIEGO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced the launch of its expanded High-Net-Worth Services from LPL Business Solutions.

Key Points:

SAN DIEGO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced the launch of its expanded High-Net-Worth Services from LPL Business Solutions.
This new offering empowers LPL’s more than 22,000 financial advisors in delivering an elevated experience and personalized guidance to high-net-worth clients who require sophisticated approaches to manage, safeguard and deploy their wealth.
Earlier this month, Cerulli reported that investable assets held by high-net-worth households have ballooned by more than $23 trillion since 2011.
As these investors continue to accumulate wealth, transition assets and define their legacies, LPL Financial recognizes the importance of providing comprehensive support to advisors who serve this market.

Orion Ascent 2024: Celebrating the “Unstoppable” Spirit of Financial Advisors

Retrieved on:

Thursday, January 25, 2024

Orion Advisor Solutions , the premier provider of transformative wealthtech solutions for fiduciary advisors, today announced the theme for Orion Ascent 2024: "Unstoppable."

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Orion Advisor Solutions , the premier provider of transformative wealthtech solutions for fiduciary advisors, today announced the theme for Orion Ascent 2024: "Unstoppable."
"It's more than a motto; it's the pulse of our industry," says Ryan Beach , President of Orion Wealth Management.
Orion Ascent 2024 is set to be a landmark event for financial advisors seeking to elevate their practices and client experiences.
To request a media pass to attend Orion Ascent (complimentary registration; lodging and transportation not included; pass availability is limited), please email [email protected] .

Financial Advisors Team Up to Launch Avise Financial, the First RIA Co-Op Platform for Advisors

Retrieved on:

Wednesday, January 10, 2024

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LOS ANGELES, Jan. 10, 2024 /PRNewswire-PRWeb/ -- Financial advisors and co-founders Katrina Soelter, CFP® and Leighann Miko, CFP® today announced the launch of Avise Financial (Avise), the industry's first and only RIA co-operative platform that puts ownership back where it belongs – in the hands of advisors.

Key Points:

Avise breaks the economic mold of traditional businesses to put ownership back where it belongs – in the hands of advisors.
LOS ANGELES, Jan. 10, 2024 /PRNewswire-PRWeb/ -- Financial advisors and co-founders Katrina Soelter, CFP® and Leighann Miko, CFP® today announced the launch of Avise Financial (Avise), the industry's first and only RIA co-operative platform that puts ownership back where it belongs – in the hands of advisors.
Available to Certified Financial Planners™ nationwide, the virtual platform streamlines business administration so advisors can better support clients and diversify their impact, all while retaining full ownership of their firm.
Further, the community of like-minded advisors on the Avise platform creates inherent partnership and succession opportunities.

The Boston Globe Names Cerulli Associates a Top Place to Work for 2023

Retrieved on:

Thursday, November 30, 2023

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Boston, MA, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Cerulli Associates, a research and consulting firm based in Boston, has been named one of the Top Places to Work in Massachusetts in the 15th annual employee-based survey project from The Boston Globe.

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Boston, MA, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Cerulli Associates, a research and consulting firm based in Boston, has been named one of the Top Places to Work in Massachusetts in the 15th annual employee-based survey project from The Boston Globe.
The survey measures employee opinions about their company’s direction, execution, connection, management, work, pay and benefits, and engagement.
Its corporate initiative known as ‘Cerulli Cares’ helps employees give back to the Greater Boston community through monthly volunteer events.
“Our people are what make Cerulli Associates great,” said founder and CEO Kurt Cerulli.

Personalized Solutions Help Plan Sponsors Address Retirement Readiness

Retrieved on:

Wednesday, October 25, 2023

Seniors, Personal Finance, Insurance, Human Resources, Asset Management, Consulting, Professional Services, Consumer, DC, Research, Multimedia, Benefit, Edelman Financial Engines, Confidentiality, Financial adviser, Cerulli

As plan sponsors eye solutions for retirement readiness, personalization has become a major area of focus, according to The Benefits of Personalization in Defined Contribution Plans, a new white paper issued by Cerulli Associates, with support from Edelman Financial Engines.

Key Points:

As plan sponsors eye solutions for retirement readiness, personalization has become a major area of focus, according to The Benefits of Personalization in Defined Contribution Plans, a new white paper issued by Cerulli Associates, with support from Edelman Financial Engines.
More than one-third (36%) of 401(k) plan sponsors cite improving retirement readiness as the top priority for their 401(k) plan.
Accommodating the needs of heterogenous plan participants requires programs and features that can fill in gaps left by target-date funds or other less personalized offerings.
In conversations with Cerulli, several plan sponsors compare the investment performance of managed accounts to associated target-date fund vintages.

Fidelity® Introduces New Resources to Support Advisors’ Transition to Independence

Retrieved on:

Tuesday, October 17, 2023

In fact, 94% of advisors are happy with their decision to move, with 85% noting an increased control over their future.

Key Points:

In fact, 94% of advisors are happy with their decision to move, with 85% noting an increased control over their future.
Advisors may prefer independence and the benefits associated, but the lack of knowledge and fear of the unknown may be preventing them from taking that leap.
GenTrust made their move to independence more than 10 years ago, leveraging Fidelity’s diverse capabilities to help expand and grow their business.
The Wealth Alliance was founded in 2019, and chose Fidelity as a destination to help support their clients’ needs and growth journey.

LPL Financial Kicks Off Its 2023 Flagship Focus Conference in San Diego

Retrieved on:

Saturday, August 5, 2023

SAN DIEGO, Aug. 05, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC ’s Focus 2023 conference kicked off at the San Diego Convention Center, providing three days of insights and inspiration centered on helping advisors capitalize on growth opportunities, improve the investor experience, and drive scale and efficiency with emerging tools and technologies.

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SAN DIEGO, Aug. 05, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC ’s Focus 2023 conference kicked off at the San Diego Convention Center, providing three days of insights and inspiration centered on helping advisors capitalize on growth opportunities, improve the investor experience, and drive scale and efficiency with emerging tools and technologies.
LPL’s annual flagship conference benefits advisors and financial institutions of all types and sizes by bringing together a broad mix of financial professionals, support staff, sponsors, thought leaders and LPL teams for knowledge sharing and networking.
The LPL community of financial professionals and institutions collectively serves 5 million American families, helping them to navigate uncertainty, keep their goals in focus and pursue their financial dreams.
LPL has made significant improvements in the Account View experience to help ensure an advisor’s clients have a great digital experience.

M&A Gusto Continues: FP Transitions Rallies to Meet Demand

Retrieved on:

Wednesday, July 26, 2023

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This momentum of G2s seeking ownership paths has created greater opportunity in the independent space, and FP Transitions’ CEO and principal, Brad Bueermann , cites a ripple effect across the industry.

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This momentum of G2s seeking ownership paths has created greater opportunity in the independent space, and FP Transitions’ CEO and principal, Brad Bueermann , cites a ripple effect across the industry.
“For decades, FP Transitions has focused on preparing both owners and next generation owners to establish, build and transition firms from one leadership team to the next.
Coaching ownership teams to mark, measure, monitor and master their firm’s value and growth potential has been a priority since FP Transitions’ inception in 1999.
Heading into fall 2023, FP Transitions anticipates deal flow to continue at its current pace.

TradePMR to Collaborate with FP Transitions to Help Solve for Succession and Growth Planning Among RIAs

Retrieved on:

Tuesday, February 7, 2023

RIAS, Practice management, Registered investment adviser, Business development, OR, Partnership, FP, Growth, Business, Data, Financial adviser, Cerulli

“The teams at FP Transitions and TradePMR view the world similarly – advisors need white glove service to tackle the challenges of growth and eventually succession.”

Key Points:

“The teams at FP Transitions and TradePMR view the world similarly – advisors need white glove service to tackle the challenges of growth and eventually succession.”
According to Cerulli, (1) the wealth management industry is facing an impending succession cliff.
FP Transitions supports thousands of firms annually with updating, planning, or activating their succession plan.
“Our experiences continue to show that optimal succession planning can take up to 15-years to design and implement.
Despite these facts, thousands of advisors — who also control potentially trillions of client assets — continue to put off formal succession planning.

Cerulli Associates Projects Direct Indexing Assets to Top $800 Billion by 2026 While Outpacing Growth of ETFs, Mutual Funds, and SMAs

Retrieved on:

Thursday, December 1, 2022

Finance, Consulting, Banking, Professional Services, Asset Management, ESG, GameStop, Multimedia, ETF, CIO, Exercise, Annual report, Cerulli, Research, Data analysis, Financial adviser

Many wealth managers are looking to the tax management and customization features of direct indexing to create a personalized client experience, said Tom OShea, Director at Cerulli.

Key Points:

Many wealth managers are looking to the tax management and customization features of direct indexing to create a personalized client experience, said Tom OShea, Director at Cerulli.
Given investors desire to exercise more control over their portfolios, we believe that direct indexing will continue on its current growth trajectory for years to come.
Yet, recent Cerulli surveys show that only 14% of financial advisors are aware of, and recommend, direct indexing solutions to clients.
This report follows Cerullis inaugural examination of the direct indexing market, Improving Client Experience: Customizing with Direct Indexing .