Wells Fargo Promotes Sloan, Positioning Him as Likely CEO
“It establishes a succession plan,” says analyst Marty Mosby, though the bank adds there are “other viable candidates.”
8 Tips for Preserving a Firm’s Culture Post-Merger
Greg Friedman of Private Ocean and Brent Brodeski of Savant Capital suggest these steps to maximize success.
Pretty Good Week for Live Oak Bank: $200M in Advisor Loans, Plus an IPO
The bank that lends to small businesses held a successful IPO in the same week it hit the $200 million mark in advisor loans.
The Perils of Advisor Sole Proprietorships and Single-Member LLCs
When it comes to continuity planning, the corporate form an advisor chooses for his practice can make all the difference.
Savant Makes Orion Capital Its Third RIA Acquisition in 17 Months
The Orion Capital Management acquisition brings Illinois-based Savant’s total AUM to nearly $4.5 billion, and CEO Brent Brodeski says another deal is "in the works."
Determining the Right Time to Sell a Business
When your business-owner clients begin thinking about selling their businesses, they may ask you to determine what is the “right” time.
Turning Succession Planning Into Business Growth: Raymond James
The independent arm at Raymond James is brokering deals for its own advisors, as well as for breakaway wirehouse reps nationwide.
UBS Rolls Out 5-Year Succession Program
The plan gives retiring reps the chance to earn 230% of yearly fees and commissions and, partnering reps can get a 5% bonus.
Cambridge’s Continuity Partners Group Welcomes First RIA
Gould Asset Management, with $450 million in AUM, joins 168 Cambridge reps in advisor succession group.
Understanding (and Landing) Entrepreneurs as Clients
A BMO Wealth Institute report says advisors need to understand entrepreneurs’ mentality and hold specific expertise to gain admission to these coveted clients’ “inner circle.”