Wealth Solutions Report

The Invest in Others Charitable Foundation announced 15 advisor finalists across five award categories, who will be honored at the 18th annual Invest in Others Awards on Sept. 19. “This year’s finalists have gone above and beyond – showing exceptional dedication, compassion, and leadership in their support of nonprofits that truly impact lives,” said Barkley Payne, Executive Director of the Invest in Others Charitable Foundation. Combined, Invest in Others will be honoring 90 financial advisors this year. https://lnkd.in/gpQipvrP #WealthSolutionsReport #FinancialAdvisors #WealthManagement #charity 

World Investment Advisors (formerly Pensionmark) bought $3.5 billion Boston Harbor Wealth Advisors, bringing its assets under management to $11.5 billion, just a week after rebranding from Pensionmark. Boston Harbor’s Matthew Davis and World’s Troy Hammond provide commentary. https://lnkd.in/gpyk2U-M #WealthSolutionsReport #WealthManagement #FinancialAdvisors #M&A

Integrated Partners and estate planning platform Wealth.com entered into a strategic partnership they said will give Integrated advisors access to next-generation estate planning tools and allow for an even more holistic view of clients’ increasingly complex financial lives. “We aim to empower our advisors to quarterback their clients’ financial lives,” according to Andree Mohr, Integrated Partners President. “The team at Integrated Partners is consistently delivering innovative solutions to its clients,” said Tim White, Co-Founder and Chief Partnership Officer at Wealth.com. https://lnkd.in/edTXhhPF #WealthManagement #FinancialAdvisors #WealthSolutionsReport

Wealth Solutions Report (WSR) is thrilled to welcome Marissa Fox-Foley, Choreo's Chief Marketing and Communications Officer, to our Editorial Advisory Board! Larry Roth, CEO of Wealth Solutions Report, said, "I am excited Marissa has joined our Board. Her reputation in the industry as a marketing innovator and thought leader precedes her, and in the many years I have known Marissa, she has always acted with integrity and demonstrated an irrepressible passion for the industry. I cannot think of a better person to join our Board at this time to help propel us in our next stage of explosive growth." https://lnkd.in/gKxGUm3a

Kingswood U.S. hired Tony Tian, CFA as Senior Managing Director of Investment Banking to strengthen the team’s capital markets and capabilities and coverage in Asia. Tian and Michael Nessim comment. https://lnkd.in/eqd_jGSC #WealthManagement #WealthSolutionsReport #FinancialAdvisors #InvestmentBanking

This edition of the Wealth Solutions Report Deals & Recruiting Roundup covers Envestnet, Coldstream, Cerity, Rockefeller, Farther, Cetera, Wealth Enhancement Group, LPL, Corient, Dynasty, Trilogy and UBS:   • Coldstream Capital Management Merges With Arnerich Massena, Inc, Set To Surpass $10 Billion In AUM   • Wealth Enhancement Group Acquires $123 Million Peak Financial Services   • Cerity Partners Acquires $200 Million Keating Wealth Management   • Envestnet, Inc Goes Private At $4.5 Billion With Capital From Bain Capital, Reverence Capital Partners, Others   • Rockefeller Capital Management Global Family Office Recruits $574 Million Titus Wealth Partners   • Farther Makes 32 Strategic Hires, Surpasses $3 Billion In AUM   • Cetera Financial Group Onboards $146 Million Steven Dalton In New Hampshire   • LPL Financial Adds $200 Million Father-Daughter Duo In Mississippi   • Corient Hires David Frankfort As UHNW-Focused Partner In Texas   • Dynasty Financial Partners Crosses $100 Billion Asset Threshold   • Trilogy Financial Appoints Michael J. Serio CFA, CAIA As Chief Investment Officer   • UBS Recruits $1 Billion Advisor Josh Cummins, CFA From Merrill Lynch https://lnkd.in/gjhRFCXt   #WealthManagement #FinancialAdvisors #Acquisitions #Recruitments

Rising talent craves mentorship, according to Luke Winskowski, CFP® MBA of 49 Financial, who explains the benefits of a culture of mentorship for recruiting, retaining and developing Next Gen talent. https://lnkd.in/grmNEi4P #WealthSolutionsReport #WealthManagement #FinancialAdvisors #mentorship

Advisors must step up their digital marketing initiatives fast and stop depending solely on referrals to grow their businesses, according to the findings of a new research study by Ficomm Partners. The research insights showed there will be an upcoming “referral cliff” for advisors, Ficomm said. The firm predicts that, over the next five to 10 years, referrals will matter much less to financial advice prospects than effective digital marketing. “The survey results align with what we have heard anecdotally,” says Megan (Meg) Carpenter, Ficomm Partners CEO. For Mary Kate Gulick, Ficomm CMO, “The question isn’t ‘Is your firm engaging in digital marketing?’” she said. The question is actually ‘Do you have an integrated, multi-channel digital marketing strategy?’” READ MORE: https://lnkd.in/gvmF86tJ #WealthSolutionsReport #FinancialAdvisors #WealthManagement #Marketing

Marc Socol of AuguStar Retirement gives questions advisors should consider to discuss longevity and achieving goals in retirement that go beyond the “retirement number.” https://lnkd.in/gMH9FzhX #retirement #WealthManagement #WealthSolutionsReport #FinancialAdvisors

Pensionmark announced a rebrand as World Investment Advisors (formerly Pensionmark), taking the name of its parent World Insurance Associates LLC, in a move to emphasize its links to its parent and its platform for independent financial advisors. The firm’s Troy Hammond comments, along with Anthony Arnold of Goldman Sachs Asset Management, one of the firm’s investors. READ MORE: https://lnkd.in/gK2sinBk #WealthSolutionsReport #FinancialAdvisors #WealthManagement #rebranding