Succession

Another RIA Gets Private Equity Backing And An Exit Path For Principals

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Los Angeles advisory firm Westmount Asset Management has joined the list of RIA firms accepting capital from private equity funds in order to expand their business and give management more equity in their own company.  

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Paying For Apples When You Really Wanted Oranges

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Your firm is unique. You want to hire unique people. So why do so many recruiting platforms force everyone they work with into a cookie-cutter approach?

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Real Growth Means Building Your Capacity, Not Just Your Book

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Cannibalizing mature competitors doesn’t generate wealth -- it just consolidates the accounts that are already out there.

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Ted Charles Gets $14 Million Transition Out Of Investors Capital

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Now that the sale of his 55% stake in the broker-dealer he founded, Investors Capital Holdings, is done, Ted Charles is retiring. Think of this as a high-end succession plan, not a distressed sale.

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Can The Industry Climb The Recruiting Wall?

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Even if every firm out there had the money to scale up, there may not be enough talent out there for everyone -- at any price. That’s an opportunity and a challenge. 

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