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The WealthStack Podcast: Unlocking Private Markets with AssetMark's Michael Kim

Wealth Management

Michael was instrumental during AssetMark’s leveraged buyout transition to Genstar in 2013, its sale to Huatai Securities in 2016, its IPO in 2019, and its sale to GTCR in 2024. Before joining AssetMark, Michael was a Senior Vice President at Fidelity’s Institutional Wealth Services.

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Steward Partners Acquires $1.1B Bay Area Firm

Wealth Management

Founded in 2013, Steward had over $40 billion in client assets as of January 2025. " Related: Zephyrs Adjusted for Risk: Navigating Independence in Wealth Management This follows news in May that Steward acquired Gainesville, Ga.-based It has 553 partner firms, 282 advisors, and 69 offices across the country.

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Monthly NFPs Are Rounding Errors

The Big Picture

Some retire, take a sabbatical, go on leave, switch to another job, or join the choir invisible. June 3rd, 2011) THE MOST IMPORTANT EVER NFP blah blah blah (June 7th, 2013) “What’s Your NFP Number?” That is a significant number to recall whenever people posit we either are in, or just were in, or are about to tumble into a recession.

Numbers 264
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The “Art” of Market Timing

The Big Picture

When you get it wrong, it crushes your retirement plans. My own track record at making big calls is pretty damned good, but none of our clients wants me slinging around their retirement monies based on my gut instinct. But when they get market timing wrong, they lose subscribers. I sure as hell don’t want to either.

Marketing 304
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How Many Bear Markets Have You Lived Through?

The Big Picture

2000-13 : Secular bear market did not make new highs until March 2013 2018 : ~20% pullback as the economy slowed, FOMC hiked. By then, we began to have meaningful assets in our savings/retirement accounts and the bear markets had a bigger economic impact on those finances.

Marketing 336
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When The 4% Rule Isn't 4%

Random Roger's Retirement Planning

The 4% rule is generally the accepted standard for a safe withdrawal rate in retirement to ensure the assets last for 30 years. Bengen retired as a financial advisor in 2013 but he also considers himself a researcher. He basically ran the numbers for someone retiring in 1926 and then each each up into the 1970's.

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The Difficult Reality of the Financial Services Industry With Joe Jordan

NAIFA Advisor Today

In 2013, he released his award-winning book Living a Life of Significance , which has sold 90,000-plus copies in five languages. Additionally, Joe is a Founder of the Insured Retirement Institute and was featured on the cover of Life Insurance Selling Magazine. Joe Jordan is an inspirational speaker and behavioral finance expert.