article thumbnail

The Succession Conundrum: How Advisors Can Balance Legacy and Liquidity

Diamond Consultants

A strategic buyer is a buyer, like an RIA or other established wealth management firm, that also runs a wealth management business, meaning they would presumably recognize significant cost and operational synergies from the transaction. Examples include Creative Planning, Mariner Wealth Advisors, and Beacon Pointe.

article thumbnail

What It Takes to Be Wealthier Than Most Americans in 2025

Harness Wealth

Table of Contents How Net Worth Is Changing in America The New Wealth Benchmarks How Net Worth Changes with Age Why Net Worth Is More Important Than Income Whats on the Average American Balance Sheet? Find Your Wealth Advisor at Harness How Net Worth Is Changing in America From 2016 to 2022, the median U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Create an Eye-Catching Financial Advisor Bio for Instagram

FMG

Include Keywords for Discoverability People search Instagram like they do Google, so include keywords like retirement planning, wealth advisor, or student loan help to boost discoverability. Include references to your bio CTA in posts: Link in bio for the full checklist. Brand Voice in the Bio Match the tone of your content.

article thumbnail

What Happens to Your Stock When a Company is Bought?

Darrow Wealth Management

Cash in exchange for your shares Again, refer to the terms of the deal! Since there are many different types of potential outcomes and considerations for professionals when a company is sold, it’s important to review your specific situation with a financial advisor.

Taxes 116
article thumbnail

Tax in the Capital Market Spotlight: Unleashing the Potential of Entrepreneurial Advisors

Harness Wealth

Advisor platforms like Dynasty, Hightower, and Focus Financial, among others, have enabled financial advisors the opportunity to be entrepreneurs while delivering what they refer to as a “best-in-class” experience relative to the large institutions they came from. The appeal of being an entrepreneurial advisor is strong.

Taxes 52
article thumbnail

Q&A: How Tax Practices Can Work with Wealth Managers to Grow Client Relationships

Harness Wealth

Klingman & Associates is a wealth management firm based in New York, most recently being named among America’s Top Wealth Advisors by Forbes for 2024. Q: How can tax advisors align with the work of wealth advisors? Q: How can tax advisors and wealth managers leverage technology together to serve clients?

article thumbnail

What Should You Do with a Cash Windfall?

Darrow Wealth Management

To help ensure you’ll have all options available to you, try to delay any major purchases or financial commitments until after you’ve engaged a sudden wealth financial advisor. In working with your wealth advisor, you’ll want to consider some of these questions.