10 Good Friday AM Reads April 2, 2021 6:45am by Barry Ritholtz
My Good Friday, Great 3 day weekend morning reads:
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How Food Banks Succeeded and What They Need Now America’s charitable food banks take pride in what they’ve accomplished over the past year, and the numbers justify it: They distributed roughly 50 percent more food in 2020 compared with 2019, a considerable portion to first-time visitors. They served millions of people even as they dealt with supply-chain interruptions and health risks for their volunteers and employees. (New York Times)
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The Best Part of Life in the 21st Century? Not Being Dead A surfeit of ways to die: Crop failure meant starvation. Constant wars might have killed us. If disease didn’t get us, there was a pretty good chance famine, war, and conquest would. Diseases took a lot of people. The elements would have taken more. Scenarios our ancestors would have routinely found life-threatening
Why a Former UBS Lifer Considers Independence His Do Over
wealthmanagement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wealthmanagement.com Daily Mail and Mail on Sunday newspapers.
Amanda Kerley
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.
The RIA roll-up market has seen a decade of explosion
The marketplace for RIA M&A networks is currently overrun with players from brand-new entrants from outside the U.S. to well-established RIAs. Over the past 15 years, the RIA aggregator market has taken off.
March 8, 2021 8 MINS
Ten to 15 years ago, when the very first group of aggregators, or roll-ups, of registered investment advisers were arranging and completing their first round of M&A deals, there were three pillars in the industry’s mergers and acquisitions landscape, plus one outlier.
The first pillar was United Capital, a centralized platform that absorbed the RIA firms it purchased and renamed them, bringing them under one central brand and technology and investment platform.
News, Vision & Voice for the Advisory Community
The Chicago rollup s founder got paid better by doing the second-stage exit and the new cast on the Board also includes Bob Oros ascending to chair and Darrell Horn of Green Square Wealth Management joining
February 19, 2021 8:58 PM by Lisa Shidler
Brooke s Note: For anyone who knows both Elliot Weissbluth and Bob Oros, it s pretty clear that a psychologist would put them in two different subcategories. Both can sell like the dickens, but Weissbluth has the more alpha style. As Tim Welsh puts it in this article, he was just what the industry needed when he founded Hightower a roll-up pioneer who mass-liberated a whole upmarket class of hybrid RIA breakaway pioneers at a time when leadership was needed. Hightower is now a more buttoned down firm of RIAs, fancier backers, experienced managers, bigger AUM and less controversy. There s no better proof of that than how it completed its transition to a new chairman and added an