Month: October 2023

NRC ANNOUNCES SALE OF W. DOUGLASS DISTRIBUTING, LTD’S WHOLESALE BUSINESSES TO OFFEN PETROLEUM LLC

[ad_1] CHICAGO, Oct. 31, 2023 /PRNewswire/ — NRC Realty & Capital Advisors, LLC (NRC) announced today that it has served as exclusive financial advisor to W. Douglass Distributing, Ltd. and its affiliates (Douglass) in the sale of all of Douglass’s wholesale businesses to Offen Petroleum LLC. Based in Sherman, Texas, Douglass is a recognized national… Continue reading NRC ANNOUNCES SALE OF W. DOUGLASS DISTRIBUTING, LTD’S WHOLESALE BUSINESSES TO OFFEN PETROLEUM LLC

New Biden Rule Would Make Your Retirement Advisor Work For You—Not For Commission

[ad_1] Key Takeaways A proposed Biden administration rule would make financial advisors recommend investments in the client’s best interests in certain situations where they don’t already, such as IRA rollovers. Currently, advisors can recommend products that pay them commissions, which the White House calls a conflict of interest that costs investors billions in returns they… Continue reading New Biden Rule Would Make Your Retirement Advisor Work For You—Not For Commission

Independent Advisor Headcount Growth Rolls On: Cerulli

[ad_1] By Ryan W. NealOctober 31, 2023 at 04:30 PM By 2027, the RIA channel could control nearly one-third of assets, based on data from Cerulli. Despite the wirehouses’ best efforts to retain financial advisors, the movement toward independence is stronger than ever.  The number of financial advisors working at independent RIAs grew 10.6% year over year… Continue reading Independent Advisor Headcount Growth Rolls On: Cerulli

Angela Osborne: Effective Lead Generation Strategies for Advisors

[ad_1] It isn’t enough to have happy clients. With the average RIA struggling to grow organically, to avoid becoming “a melting iceberg” financial advisors must “invest in building and optimizing lead generation” says Angela Osborne, chief operating officer of Austin, Texas-based Bluespring Wealth Partners, a subsidiary of Kestra Investment Services. Given that almost two-thirds of… Continue reading Angela Osborne: Effective Lead Generation Strategies for Advisors

Kestra Private Wealth Services welcomes $200 million advisor team, Catalyst Retirement Solutions

[ad_1] Salt Lake City—Kestra Private Wealth Services (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc., today announced the addition of Salt Lake City, Utah-based , whose financial professionals collectively oversee $200 million in client assets. Catalyst Retirement Solutions joins the PWS network as the sixth Utah-based firm, strengthening Kestra’s presence in the area. Led… Continue reading Kestra Private Wealth Services welcomes $200 million advisor team, Catalyst Retirement Solutions

Maintaining Growth Requires Entrepreneurial Insight, Experts Say

[ad_1] “If a firm isn’t growing, it’s dying” is a common refrain throughout the industry, and maintaining growth remains a major topic of conversation at all firms, big and small. Four advisory titans who have been significant contributors to the industry gathered at Schwab IMPACT 2023 last week for a panel that explored… Continue reading Maintaining Growth Requires Entrepreneurial Insight, Experts Say

Should I Buy Bitcoin? Price Gains Fuel Endorsements from Financial Planners

[ad_1] Bitcoin’s climb to $35,000 is helping to restore its reputation in the world of investment advice. The world’s largest cryptocurrency has more than doubled from last year’s epic collapse, a significant development when stocks have dropped and bond yields are surging. With the Federal Reserve planning to keep interest rates high, and geopolitical tensions… Continue reading Should I Buy Bitcoin? Price Gains Fuel Endorsements from Financial Planners