Rich Steinmeier

"Equitable is a hybrid RIA that manages nearly $30bn in client assets, according to the company’s most recent Form ADV. It is a wholly owned subsidiary of Equitable Holdings" The last time I checked Equitable was an IBD owned by an insurance company. I would like to hear my networks' opinion but, in my eyes, the IBDs use of marketing tricks and rebranding to attract advisors to "independence" is borderline unethical. #RIA #Wealthmanagement #breakaway #Fiduciary

14

2 Comments

Have questions about partnering with an OCIO? Are you a financial advisor or RIA looking for a strategic edge? Partner with Cornerstone Portfolio Research as your OCIO and leverage our expertise in portfolio management to enhance your client offerings. Learn more today about what an OCIO can do for you! #RIA #InvestmentManagement

1

Many advisors benefit from active ETFs with their ability to tailor investment strategies to individual client needs and the ease of trading in real time. Learn more on this topic during #SchwabIMPACT by visiting booth 1211; attending Portfolio Manager Matthew Dubin’s presentation on November 20; or reading this article: https://bit.ly/3DwUmSo

2

🚀 Leadership Expansion at Elevation Point Capital Jim Dickson's Elevation Point Capital is making bold moves, adding key executives from Summit Financial and BNY Pershing to its leadership team. This strategic growth signals the firm's ambition to reshape the RIA and wealth management landscape. 📖 Learn more about the new additions and their impact: http://spr.ly/6043sYuFL What does leadership evolution mean for the future of wealth management firms? Share your insights below! 👇 #WealthManagement #RIA #Leadership #IndustryNews

49

1 Comment

On KBRA’s Leading Voices in Credit podcast Stuart Aronson, Executive Managing Director and CEO of WhiteHorse Capital, discusses contrasting trends in the lower-middle to small-cap segment of private credit versus the upper-middle to large-cap segment, the impact of higher interest rates, and the risks of mark-to-market valuations.   Listen to the full podcast here: https://bit.ly/3VjTN4Q #HIGCapital #PrivateEquity #PrivateCredit #HIG

42

"Kestra leadership is always available to advisors, so you can stop them in the hallway for an event, send them a quick email, and they're here to truly hear our concerns." Watch Michelle Bender, President & Senior Financial Advisor at Potomac Financial Consultants, discuss how joining Kestra Financial has elevated their firm to new heights.

34

Why Multi-Manager Funds are Best Avoided One of the most popular types of funds you can invest in is called a multi-manager fund. https://lnkd.in/gZ9MBPzu #indexfundadvisors #ETF #dimensionalfundadvisors #vanguard #ishares #blackrock

5

When allocating to private equity, most advisors we surveyed (65%) in our annual CAIS-Mercer survey indicated that enhancing returns was the objective of most interest to them. Learn more on other asset classes in the coming weeks and read the full report here: https://lnkd.in/gbHxZV_c #privateequity #alternatives #financialadvisors

18

Big pre-open gains in a large tech company, which beat earnings estimates and authorized a $110 billion buyback program, and a large Health Care company, which reported better-than-expected earnings, have contributed to the upside bias. Read more in the Morning Brew.

5

Cash has had a good run, but are expected rate cuts signaling danger ahead? Brad Rutan and Jenine Garrelick discuss what federal funds and cash yield correlation could mean for your clients and what you can do about it. Register today. bit.ly/4dOYBWI.

3

Brian Huckstep, CFA, CFP®, CIO of Advyzon Investment Management, LLC. (AIM), joined the Schwab Network broadcast this past Friday to analyze the recent equity market weakness - from the Fed's unchanged rates to Friday's worse-than-expected jobs report. Brian also reminded viewers that market prices and the economy can be two different things, and despite the signs of market weakness, he thinks the economy is in terrific shape. Watch the full interview here: https://lnkd.in/g5bmpsXB

12

In JD Gardner, CFA, CMT’s latest blog for Aptus Capital Advisors, he offers some thoughts on “currency debasement” and national debt and how savvy advisors can approach the economic impacts of both. Based on data from previous years, he sees a tremendous advantage in investing in risk assets rather than (conservative) traditional bonds and currency. And, with a managed portfolio, you can get allocations just right to confidently own more risk. Read his full post for more background and explanation. https://lnkd.in/e2EJA5j3

9

In this week's blog, Sarah Irving, CFP® shares her biggest takeaway from the Charles Schwab IMPACT conference. It comes from Schwab's Chief Investment Officer Liz Ann Sonders who reiterates that her observations are focused on pure data, not on opinions, so you always know what you are getting – as much as of an unbiased opinion as possible. Not all financial advisors are created equal, especially when it comes to their responsibilities to you, the client. It can be really challenging “know what you’re getting” when it comes to “experts”, advisors, and those who provide advice for a living. Sadly, we've heard stories from many individuals of their experience with advisors who touted themselves as working in their clients’ best interests, but in fact were not. At Meridian, we act as fiduciaries: financial advisors who are legally obligated to act in your best interest. 💡 Learn more about what sets fiduciaries apart and why it matters for your financial future: https://lnkd.in/gBV3-tsf #SchwabImpact #fiduciary #fiduciaries #financialadvisor #financialadvice

3

As we enter this new quarter, join us for an insightful webinar covering a Q3 summary, current market trends and providing an outlook for Q4. Don’t miss out—register below! #AmericanTrustWealth https://lnkd.in/d7JimhEd

2