Tag Archives: Advisors

Succession Planning in Wealth Management – with Guest Ric Edelman

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In this episode, David Armstrong is joined with Ric Edelman, founder of Edelman Financial Engines, as they discuss the succession planning that financial advisors should be doing in order to keep up with the changing industry. 

In this episode, we discuss:

  • The results from a survey Edelman Financial Engines completed to uncover the impact of the COVID-19 pandemic
  • The changing advisory model since COVID-19
  • How the financial Advising role might change as the industry changes
  • What the market may look like for younger advisors in the financial industry  
  • And more! 

Tune in to learn what succession planning might look like for financial advisors who want to stay successful in a changing industry. 

Resources: WealthManagement.com | Edelman Financial Engines | Ric Edelman 

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The Future of the Financial Advising Industry – with Guest Eric Clarke

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In this episode, David Armstrong is joined by Eric Clarke, the CEO of Orion Advisor Services. David and Eric dive into their thoughts about the future of financial advising and how COVID-19 has changed the course of the industry.

In this episode, we discuss:

  • How COVID-19 has changed the way that Orion does work
  • What Marketer is and how it works 
  • Orion’s COVID-19 social media campaign 
  • What the future looks like for the financial management industry  
  • And more! 

Tune in as we uncover what the future might hold for financial advising and changes are coming in the industry. 

Resources: WealthManagement.com | Orion Advisor Services | Eric Clarke  

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Technological and Investment Solutions with Vestmark – With Rob Klapprodt

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In this episode, David Armstrong speaks with Rob Klapprodt, corporate strategy officer at Vestmark. Rob shares the firm’s outsourcing and digital technology approach designed for investment enterprises, financial advisors, and their clients. 

In this conversation, you will learn:

  • Vestmark’s commitment to delivering investment solutions to clients 
  • How the firm uses outsourcing as a benefit for them and their clients 
  • Rob’s take on how Adhesion Wealth supports Vestmark with customer support models 
  • Vestmark’s approach to compliance solutions 
  • And more!

Tune in to learn how technology and outsourcing solutions can help you achieve a long-term thriving practice!

Resources: WealthManagement.com | Vestmark | Adhesion Wealth | Rob Klapprodt

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Managing Financial Risk with Riskalyze – With Guest Aaron Klein

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In this episode, David Armstrong, executive director of content at WealthManagement.com,speaks with Aaron Klein, founder and CEO of Riskalyze. Aaron introduces the firm’s digital technology designed to help financial advisors and their clients manage risk.  

In this episode, you’ll learn:

  • How Riskalyze’s Life Alignment software, portfolio analytics, and investment research help advisors and their clients manage risk
  • About the firm’s spreadsheet that promises to efficiently keep up with custodial workflow 
  • Riskalyze’s advisor questionnaire-approach for client risk assessment calculation 
  • Aaron’s take on their Volatility Resource Kit as volatility and pandemic-relief tool 
  • And more!

Tune in to learn more about Riskalyze and how they embody their mantra, “technology needs to be a means to an end”! 

Resources: WealthManagement.com | Aaron Klein | Riskalyze 

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Digital Solutions For Professionals with Fidelity – With Guest Lisa Burns

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In this episode, David Armstrong, executive director of content at WealthManagement.com, speaks with Lisa Burns, head of platform technology at Fidelity Institutional. Lisa introduces the firm’s technological integration system available for financial professionals while referring to Fidelity’s technology consultants that work with clients to optimize the use of digital tools.

In this conversation, you’ll learn:

  • The details of Fidelity’s Health Savings Account as a solution for clients to prepare for the rising cost of healthcare and retirement
  • How the company uses its Wealthscape onboarding platform for a seamless client onboarding process 
  • What the FinTech vendor ecosystem is, its role in prioritizing customer demands
  • And more!

Tune in to discover Lisa’s thoughts on the virtual reality that’s taking over the traditional way advisors expand their practices!   

Resources: WealthManagement.com | David Armstrong | Lisa Burns | Fidelity Institutional 

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Reps Supporting Reps with Peak Brokerage Services (Peak Reps) – With Guest Michael Lomas

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In this episode, David Armstrong, editor in chief at WealthManagement.com, speaks with Peak Brokerage Services’ owner and partner, Michael Lomas about everything from Medicare, Social Security and college planning. Mike reveals why his firm is a “one-stop financial shop” and why it resonates with the firm’s marketing, compliance, and “reps help reps” vision. 

In this conversation, you’ll learn:

  • Mike’s insight on Peak Reps’ as a “one-stop financial shop” that creates a virtually-connected atmosphere for advisors   
  • Peak Reps’ family-like approach to educate advisors to get out there and grow their practice  
  • How Mike’s firm uses workshops, online platforms, radio, social media, and virtual libraries to reach and train current advisors and prospects 
  • Mike’s take on the importance of shared knowledge and using Peak’s experts as a resource 
  • And more!

Tune in to find out how Peak Reps can help you develop all the knowledge you need to succeed in the industry! 

Resources: WealthManagement.com | Peak Brokerage Services | Michael Lomas

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Helping Advisors Make A Move to Independence with Goldman Sachs Private Bank Select – With Guest Gary Basso

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In this episode, David Armstrong, editor in chief at WealthManagement.com speaks with Gary Basso, head of distribution and institutional sales at Goldman Sachs Private Bank. Gary discusses the firm’s tech and digital banking strategy for independent advisors and clients and how the company’s securities-based lines of credit allow borrowers to access cash without liquidating their investment portfolios.

In this conversation, you’ll learn:

  • How Goldman Sachs Private Bank Select approaches technology and digital banking for liquidity and line of credit purposes  
  • The firm’s tech commitment for high-speed loan processing 
  • How clients and independent advisors can benefit from GS Select as a tool for liquidity 
  • Gary Basso’s take on how Goldman Sachs’ platform impacts banks and advisors 
  • And more!

Tune in to discover the Goldman Sachs approach for clients and advisors and how they can seamlessly finalize a loan!  

Resources: WealthManagement.com | GS Select | Gary Basso

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Optimize The Growth and Profitability of your Business with LPL Financial – With Guest Rich Steinmeier

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In this episode, David Armstrong, editor in chief at WealthManagement.com, talks to LPL Financial’s Rich Steinmeier. Today, Rich discusses the firm’s tech strategy for business owners and independent advisors. While it allows business owners to reach their business goals, it allows advisors to secure their and their client’s financial path.  

LPL is a three-category finalist for 2020’s WealthManagement.com industry awards.

In this conversation, you’ll learn:

  • The firm’s CFO Solutions as a tool for advisors and business owners designed to cut expenses and maximize profit 
  • LPL Financial’s technological approach and its benefits for independent practices 
  • How these tools increase advisor flexibility 
  • Affiliation Models as independent LPL Financial employee models
  • And more!

Tune in to discover how these platforms can effectively help you outsource achieving efficient practice results! 

Resources:  WealthManagement.com | LPL Financial | Rich Steinmeier 

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Addressing Systematic Volatility with Hercules Investments – With Guest James McDonald

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In this episode, David Armstrong, editor in chief at WealthManagement.com, talks to Hercules Investments’ James McDonald. Today, James not only discusses all things volatility but also explains different risk-related techniques professionals can use to keep clients comfortable with their portfolios in the market.  Hercules Investments won a 2020 Wealthies Award for being the top Alternative Asset Manager.

In this conversation, you’ll learn:

  • How Hercules Investments capitalizes on systematic volatility  
  • The company’s risk hedging technique designed to help financial advisors and clients  
  • How James McDonald’s firm helps financial advisors grow their prospects 
  • Hercules Investments’ ideal client as those who got aggressive growth goals  
  • And more!

Tune in to discover different ways that Hercules Investments can provide you with overlay strategies while giving you market volatility protection! 

Resources: WealthManagement.com | Hercules Investments | James McDonald

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Make a Unique Portfolio for Every Single Client –– With Jonathan Hudacko of Just Invest

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In this episode, David Armstrong, editor and chief at Wealthmanagement.com, talks to Jonathan Hudacko, CEO of Just Invest. 

Just Invest strives to deliver the best that modern finance can deliver to its clients. It’s a mandate that has earned them three finalist spots in this year’s Wealthies. In fact, they brought home the win for their ESG Reporting in the category of Asset Managers: Socially Responsible Investing(SRI)/Impact Investing.

In this episode, you’ll learn:

  • How Just Invest distinguishes between ESG and SRI
  • What problems Just Invest solves for advisors
  • What direct indexing is
  • How new tax optimization tools are helping advisors
  • And more!

Listen now to get insight into how wealth management is changing to better reflect clients’ values. 

Resources:  Wealth Management | Just Invest

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