Michael Bonevento and his team left Ameriprise in 2019 to join LPL Financial. He says too much time has elapsed for him to now be accused of misappropriating client information.
Don’t wait for rollovers — ask to manage client 401(k)s now
Many advisors overlook held-away workplace retirement accounts, unaware that a rollover isn’t a prerequisite for professional management.
Helping Clients Grasp Abstract Retirement Income Strategies With Historical Market Visualization
For many financial advisors, a core part of the retirement planning process involves simulating whether the client’s assets will last through retirement. Traditionally, these simulations take the form of either Monte Carlo analyses – showing the percentage of simulated outcomes in which the client finishes with assets remaining – or stress tests that assess plan […]
Ex-Confused.com CEO to head protection provider Guardian
Carlton Hood has been appointed CEO of protection provider Guardian from 1 May.
Number of nonagenarians doubles in 30 years
There are now nearly 612,000 people aged 90 or over living in the UK with the number heading upwards, according to analysis of official figures by retirement specialist Just Group.
#FASuccess Ep 431: Navigating Couples With Money Conflicts By Developing A New Toolset Of Questions To Ask, With Nick Rodkin
Welcome everyone! Welcome to the 431st episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Nick Rodkin. Nick is the managing partner of Stoic Financial, an LPL-affiliated advisory firm based in Boynton Beach, Florida, that oversees $107 million in assets under management for 70 client households. What’s unique about Nick, though, […]
LPL to ‘bend’ to become more like Commonwealth, Steinmeier says
Industry experts think LPL will have to work hard to retain Commonwealth advisors who were sold on the idea that they’d be working for a “boutique” firm.
LPL to pay $2.7 billion for Commonwealth Financial
The acquisition will bring LPL as much as $285 billion in AUM and 2,900 advisors when it closes in the second half of the year.
Pension transfer delays persist
Savers continue to face unnecessary delays when transferring their pensions, with the latest data revealing that some transfers take more than two months to complete.
Creating A Hiring Experience That Better Attracts Talent (And Can Compete With Larger Institutions)
When it comes to growing a practice for the long term, talent acquisition is just as important as client acquisition. The people who handle the day-to-day work of the firm are crucial to its operations, particularly as firm owners and other leadership focus their time on higher-level strategic initiatives rather than routine operational details. However, […]