A surprise guest challenges the world's largest gathering of financial advisors to ask, "What if you could?" "We're running right toward your biggest problems — and finding solutions," said Audette. Noting that the company is investing in its brand to be an asset for all advisors, Carone shared how LPL is helping advisors expand their marketing initiatives, including through co-branding opportunities and additional social media tools, including compliance-approved Instagram. "From the biggest transformation ...

Core Insights - LPL Financial is positioning itself as a leader in transforming the wealth management industry through innovation and technology [1][2] - The annual conference Focus 2025 gathered over 10,000 attendees, including 6,000 financial advisors, emphasizing the importance of collaboration and future planning [1][2] Technology and Innovation - LPL is focusing on technology as a foundational element for business operations, with a commitment to secure and scalable platforms [4][5] - The firm introduced a $50 million investment aimed at modernizing advisor compensation through AI-powered forecasting and analytics [5] - AI tools, such as Jump, are designed to enhance efficiency, saving advisors 30-45 minutes per client meeting, totaling over 72,000 hours saved across the platform [5] Wealth Management Strategy - LPL's wealth management strategy integrates technology to provide personalized advice at scale, with platforms like Alts Connect and Alts Learning Hub facilitating access to alternative investments [4][5] - The firm emphasizes the need for exceptional advice that drives alpha and utilizes top-tier wealth tools and solutions [5] Operational Enhancements - LPL is making significant investments in infrastructure, including data centers and a 24/7 security operations center, to ensure data security for advisors and clients [5] - Enhancements to the ClientWorks Rebalancer allow for real-time model management and trade execution, improving advisor-client interactions [5] New Offerings and Services - LPL is piloting a cash management account (CMA) that integrates short-term cash flow with long-term investment strategies, set to be fully integrated into ClientWorks [9] - The firm is expanding its Separately Managed Account (SMA) offerings, backed by a team managing $85 billion in assets [9] - Advisors now have access to specialized support for business exit planning and investment banking, enhancing their service offerings [9]

卢彩云表示，香港整个财富管理及资产管理行业生态呈稳步成熟趋势，机构投资者对香港市场的兴趣日 增，这点可从资金流入量大增及注册开放式基金公司数量(增长93%)反映出来，今年初至今，公会副会 员数量增54%，部分原因是更多资产管理公司在港设立业务，带来专业知识和全新视角，相信有助香港 构建一个更强大的财富管理中心。 智通财经APP获悉，香港私人财富管理公会(PWMA)行政委员会主席卢彩云接受专访时称，过去数年来 自非内地及香港的投资者稳占香港管理资产总值的54%以上，展现香港作为国际金融中心的地位。香港 去年私人银行及私人财富管理业务的管理资产录得3840亿港元资金净流入，同期来自亚太其他地区、北 美及欧洲三大市场的资金呈稳定增长态势，目前各区域投资占比均已突破双位数。香港私人财富管理的 核心优势包括得天独厚的地理位置，是通往不同亚洲国家和中国内地的桥梁，而香港独特的地理位置造 就其"双向枢纽"的优势，为投资者提供了丰富的国内外投资选项。 ...

对于普通投资者而言，将财富托管给什么样的机构比较安心？选择机构时应遵循什么原则？具备哪 些能力和特质的机构才有可能成为财富管理行业的标杆？中国财富管理市场发展呈现出哪些新特点？中 国财富管理行业发展未来有哪些新机遇？这些都是国内投资者普遍关心的重要话题。 日前，植信投资首席经济学家兼研究院院长连平出席由泓湖百世联合新华网共同打造的，业内权威 的投资者教育系列视频访谈节目《泓湖财富观》，为广大投资者就以上问题作了详细解答。 "擦亮眼睛"选择可靠的财富管理机构 三是人民币国际地位提升有利于将外资机构"领进来"，也有利于将国内投资者"引出去"，将吸引外 资机构增加人民币储备，布局人民币资产。同时人民币地位提升也会提高投资者布局海外的热情，增加 全球配置。 近年来，我国财富管理市场长期发展的势头向好，受到市场和监管的广泛关注。连平表示，我国财 富管理行业发展正呈现出八大亮点：一是加大力度支持重点产业发展；二是深化改革建设多元化金融业 态；三是基金业发展加快财富管理普惠化；四是长久期产品投资越来越被更多投资者所接受；五是服务 个性化程度在创新中提升；六是品牌营销创新推动财富管理规模持续增长；七是投资者教育推动风险偏 好 ...

Company Overview - AlTi Global manages or advises on approximately $97 billion in combined assets[4] - The company boasts a client retention rate of 96% since 2021[11] - Approximately 59% of Wealth Management AUM/AUA is from the U S, while 41% is from non-U S sources[11] Financial Performance (Q2 2025) - Total revenue reached $53 million, a 7% increase compared to Q2 2024's $49 5 million[71] - Wealth Management and Capital Solutions (WM & CS) revenue was $52 million, with management fees at $49 million, up 8% and 6% year-over-year, respectively[70] - AUM/AUA increased by 35% year-over-year to $97 2 billion[71] Strategic Initiatives - AlTi Global finalized an expense optimization plan using Zero-Based-Budgeting (ZBB), expecting $20 million in annual gross savings over the next two years[70] - The company completed the acquisition of Kontora, a Hamburg-based MFO with $16 billion in AUA/AUM, on April 30, 2025[70] - Strategic investments from Allianz X and CWC provide up to $450 million to fuel AlTi's M&A pipeline and accelerate international expansion[15]

SAN DIEGO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading wealth management firm, last night opened its annual flagship conference, Focus 2025, welcoming more than 10,000 financial professionals and industry leaders to the San Diego Convention Center. The three-day event marks the largest in-person gathering in LPL history, offering curated content, strategic insights and immersive experiences designed to elevate financial advisor success. Addressing the audience of advisors this morning, LP ...

Ajay Saraf, who has led ICICI Securities’ investment banking division for nearly 15 years, will move to become the head of the Indian firm’s retail stock broking and wealth business, sources say https://t.co/zAZoWJJlLq ...

Core Insights - Coastal Wealth Management Group has joined Financial Resources Group Investment Services, which supports LPL-affiliated advisors, managing approximately $175 million in advisory, brokerage, and retirement plan assets [1][9] - The team is based in Ocean Springs, Mississippi, and focuses on serving business owners, pre-retirees, retirees, and aims to advise clients in the music industry and college athletes [2][4] Company Transition - The decision to move to LPL was driven by the desire to enhance service offerings, increase client capacity, and utilize a more robust technology platform after a thorough due diligence process [4][5] - Positive feedback from approximately 30 advisors and assistants regarding their experiences with LPL influenced the decision, highlighting the firm's updated technology and strong acquisition support [5] Leadership and Community Engagement - The team members, including Lloyd Baxter, George Cumbest, Darryl Meadows, and Timothy Taranto, are deeply rooted in their community and emphasize relationship-building in their client interactions [2][3] - Cumbest, who is also the President of the Mississippi Songwriter Alliance, illustrates the team's approach of integrating personal passions into client acquisition strategies [3] LPL Financial Overview - LPL Financial Holdings Inc. is a leading wealth management firm in the U.S., supporting over 29,000 financial advisors and managing approximately $1.9 trillion in brokerage and advisory assets for around 7 million Americans [7] - The firm offers a variety of advisor affiliation models, investment solutions, fintech tools, and practice management services, allowing flexibility for advisors and institutions [7]

Financial Data and Key Metrics Changes - Non-GAAP operating earnings were $352 million or $1.1 per share, down 23% year over year on a per share basis [5][20] - Adjusted for notable items, non-GAAP operating EPS was $1.41, down 8% compared to the prior year, primarily due to elevated individual life mortality claims [5][20] - Total assets under management and administration rose 8% year over year to $1.1 trillion, indicating strong future earnings growth potential [22] Business Line Data and Key Metrics Changes - Retirement businesses produced $1.9 billion of net inflows in the second quarter, driven by strong rider sales and $250 million of BlackRock LifePath paycheck net inflows [6] - Wealth Management had $2 billion of advisory net inflows, with a trailing twelve-month organic growth rate of 12% [6] - Asset management reported net outflows of $6.7 billion, but returned to net inflow in June, with AUM up 20% year over year to $77 billion [7][15] Market Data and Key Metrics Changes - The company experienced a strong recovery in markets, which is expected to support future growth in spread and fee-based earnings [6] - The trailing twelve-month organic growth rate in Wealth Management was 12%, indicating robust market demand [15] Company Strategy and Development Direction - The company is focused on organic growth across retirement, asset management, and wealth management businesses, leveraging an integrated business model [4][33] - The individual life reinsurance transaction with RGA is expected to reduce earnings volatility and enhance returns on capital [10][29] - The company aims to grow annual cash generation to $2 billion by 2027 and maintain a payout ratio of 60% to 70% [11][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving financial targets for 2027, with expectations for EPS growth to accelerate in 2025 due to recovering markets and reduced mortality exposure [33] - The company anticipates a strong second half of the year, driven by record AUM levels and higher investment portfolio yields [28][33] Other Important Information - The company returned $318 million to shareholders in the second quarter, representing a 74% payout ratio, above the target range [8][31] - The company plans to execute at least $500 million of incremental share repurchases and repay some debt before year-end [9][32] Q&A Session Summary Question: How should we think about the growth in earnings beyond the third quarter baseline? - Management indicated that the baseline for third quarter earnings is $220 million to $225 million, with expectations for growth supported by equity market rebounds [36][38] Question: Is there sensitivity to the outlook if the Fed starts cutting rates? - Management clarified that profitability is more influenced by ten-year treasury rates and corporate spreads rather than short-term rates [45] Question: How do the economics of products sold through Wealth Management compare to third-party sales? - Management noted that products sold through Wealth Management have better persistency and higher margins due to closer client relationships [46] Question: What is the plan for capital management post extraordinary dividends? - Management plans to use excess capital for share buybacks and debt reduction, with a disciplined approach to any potential acquisitions [50][55] Question: How long is the RILA roll-off dynamic expected to continue? - Management expects the older business to run off over the next few quarters, with a focus on maintaining growth momentum [72][74] Question: What benefits does the Bermuda entity provide? - The Bermuda entity allows for better management of cash flows and reduces volatility related to hedging, enhancing consistency in cash flow [75][79]

Core Insights - Oppenheimer & Co. Inc. has appointed David Wright as Managing Director and Co-Regional Manager for the Pacific Northwest, alongside Mark Trafford, to enhance its leadership in the region [1][2] - The firm aims to accelerate growth in the Pacific Northwest, which is seen as a region full of opportunities, particularly in wealth management for high-net-worth clients [3][6] Leadership Appointments - David Wright brings 25 years of experience in the wealth management industry, previously serving as Senior Vice President and Seattle Market Director at D.A. Davidson Companies [4] - Mark Trafford has over 30 years of experience in wealth management and has been with Oppenheimer for nearly a decade, serving as Executive Director and Branch Manager of the Seattle office [5] Strategic Expansion Plans - Oppenheimer is committed to expanding its presence in the Pacific Northwest, with plans to grow in Lake Oswego, Oregon, and further across Washington State and the broader region [3] - The firm recognizes the need for sophisticated wealth management services among high-net-worth clients in the area, particularly those in the tech sector [6]