LPL/Commonwealth
WealthManagement.com
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LPL Financial announced plans this week to acquire Commonwealth Financial Network for about $2.7 billion in cash, spurring a lot of questions from advisors about what the transaction means for them and what kind of options they have.
Commonwealth has long championed its culture as a boutique, advisor-focused firm, a place where home office executives are reachable by direct phone calls and service team members are deeply familiar with the firms and advisors they support. But LPL CEO Rich Steinmeier and Commonwealth CEO Wayne Bloom said that won’t change, even inside the larger organization.
Click Here to Read More about LPL Financial's acquisition of Commonwealth >>
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PODCAST ALERT 🚨
The WealthStack Podcast: How AI Is Reshaping the Advisor Experience with Mark Gilbert
In this episode of The WealthStack Podcast, host Shannon Rosic, director of WealthStack content and solutions, sits down with Mark Gilbert, founder and CEO of Zocks | AI for Advisors, to explore how AI is redefining client intelligence, product reliability and compliance in the advisor tech stack.
Shannon and Mark discuss:
How AI is being used to automate emails, capture meeting data and reduce manual tasks
Why the first 60 days of tech adoption are crucial for long-term success
How client intelligence tools can surface key life events and strengthen relationships
The critical importance of data privacy, compliance and advisor control in AI systems
Click Here to Listen to the Full Podcast >>
WMIQ Research 📊
Harnessing Data Analytics & AI for Personalized Client Insights
In today’s fast-evolving financial landscape, staying ahead means leveraging the latest technology to enhance client relationships. Orion Advisor Tech leaders Michael Stern and Mike Wilson share their groundbreaking advancements in applying AI to wealth management, including the development of Orion Compare—a tool designed to streamline workflows and deliver clear, personalized client communications.
Key Takeaways:
Revolutionary Tools: Orion Compare integrates CRM, risk analysis, and analytics for seamless portfolio management.
Enhanced Communication: Smart Summaries transform complex data into client-friendly insights.
Personalization at Scale: Behavioral finance principles empower deeper client relationships.
Future of AI: New tools in 2025 will automate non-core tasks, enabling advisors to focus on their strengths.
Sponsored by: Orion
UPCOMING WEBINAR 📣
Crypto Unlocked: The 2025 Guide to Digital Assets
Date: Apr 23, 2025 | Time: 2:00 pm EDT
Gain expert insights into the latest cryptocurrency investment trends. Our three-part webinar will cover the evolving landscape of crypto and investment products, and how to assess its role in client portfolios.
SESSION 1 2:00-2:30 PM ET – Crypto ETFs and Investment Products
Analyze the growing landscape of cryptocurrency ETFs and their suitability for various client profiles.
SESSION 2 2:30-3:00 PM ET – Why Crypto, Why Now?
Overview of the current landscape and learn the fundamentals of cryptocurrency as an asset class and how to evaluate its fit within client strategies.
SESSION 3 3:00-3:30 PM ET – From Bitcoin to Blockchain: What Every Advisor Needs to Know Now
Demystify digital assets and get practical strategies for client conversations.
Sponsored by Outerlands Capital and Tuttle Capital Management LLC
What You Might Have Missed From RIA Edge Nashville
Joe Anthony, Angela Giombetti, Amy Rizzo and Joanna Irwin discuss organic growth strategies at RIA Edge Nashville.
Marketing and growth experts at RIA Edge Nashville discussed how advancements in client outreach and tracking have made it more realistic for even small RIAs to move beyond relying solely on referrals for new business.
Click HERE for a Recap from RIA Edge Nashville >>
Follow the New Trusts & Estates LinkedIn Page
Connect with us on LinkedIn!
We’re excited to announce the launch of the official Trusts & Estates (Part of WealthManagement.com) LinkedIn page!
As the leading information source for estate planners, financial planners, insurance professionals, and wealth advisors, Trusts & Estates delivers the insights you need to better serve high-net-worth individuals, families, institutions, and foundations.
Follow Trusts & Estates on LinkedIn Now >>
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