News, Vision and Voice for
the Advisory Community
advertisement

Content tagged "Joe Duran"



John Thiel: People are looking for advisors who understand that the retirement conversation isn’t about a math equation.

How Merrill Lynch Clear looks so impressively RIA-like and what shows how deceptive looks can be
The big iPad-laced and rhetoric-laced wirehouse initiative toward goals-based investing may have selling insurance as its primary goal

Wednesday 6.18.14
Danny Sarch: I don't think this is desperate at all. If you don't have money, then you can't make the deals.

Ameriprise makes its move upmarket by first moving its bonus payouts to Wall Street levels
The Minneapolis-based broker jacks its sticker bid to 150% bonuses of brokers' last 12-months of revenue

Friday 6.13.14
Dwayne Grady and Caroline Girgis: We wouldn't have taken this much off the table if the price of the stock wasn't what it is.

United Capital drops a six-figure check on 10 partner firms in share buyback program financed by SageView
Joe Duran's company is belatedly paying fully vested firms for up to 25% of their stock after the 2008 crash threw off the promised liquidity schedule

Tuesday 3.18.14
Marty Bicknell: Sales in the wealth division is hand to hand combat, sometimes in the asset manager world, reputation and being on the right platforms drive business on their own.

The explosive growth to $20 billion AUM of Marty Bicknell's second roll-up-like venture, Montage Investments, and where his $8 billion wealth manager fits in
With admirers saying he takes a page from Warren Buffett, the Mariner Wealth CEO 's side bet on disenfranchised, unappreciated A-grade money managers

Monday 2.10.14
Edward Gilhuly had breakfast with Joe Duran, then his company reported it was writing a big check.

Ex-KKR capitalists reach the RIA gate by taking a $30-million stake in United Capital
After vowing never to take private equity again, Joe Duran describes a business model shift sparked by his 'Honest Conversations' method

Tuesday 10.22.13
Gary Dorfman: We represented ourselves not as a startup but as part of one of the top institutional management companies.

How Matt Cooper is getting past the 'oh, sure' factor that came from a slow roll-out of ... the other Newport Beach roll-up
Not only are deals picking up at the $900-million Beacon Pointe Wealth Advisors but existing advisors are telling success stories that can be quantified

Friday 10.4.13
Mark Hurley: The middle ground [of tweeners] is going to go away and there's a staggering amount of opportunity.

Mark Hurley drops a new wealth management prognosis on the industry with a zero-sum flavor
With the best clients aging, RIA business will be shaped by how about 2,000 'tweener' firms react to fast-deteriorating business conditions

Monday 4.29.13
Like the almost-completed Freedom Tower, as seen from the Ritz-Carlton at Battery Park, the RIA channel continues to grow in Wall Street's backyard.

From a Wall Street perch, Chip Roame imparts wry skepticism anaerobically at Tiburon CEO Summit of 2013, spring edition
The independent channel is booming -- but objects in the mirror may still be in front of you, the Tiburon guru warns

Wednesday 4.10.13
In a deal that rocked the RIA world, David Hou (pictured) and Mark Sear sold Luminous for a staggering $125 million in cash to a San Francisco bank.

10 most influential RIA figures going into 2013 and how they're reshaping the industry, Part 1
2012 was a year of drama as sweeping deals of unexpected size were struck and the industry took to the Hill to fight against FINRA overlords

Friday 3.8.13
Joe Duran says about making millions: I felt no real comfort about my family's financial situation.

Joe Duran hits The New York Times best-seller list with 'The Money Code' and is feeding his big RIA with the leads
The gist of the story: He was rich as hell at 34 years old after selling a company to GE and he realized it didn't solve much

Monday 2.18.13
Jason Lahita: This was scarier than anything I'd ever experienced, and made the 'difficulty' of the decision seem laughable.

How my experiences with RIA pioneers, and the love of my mother, inspired me to a different breakaway story
Jason Lahita had mentoring from Joe Duran, Ron Carson and Mindy Diamond but his mother's early onset dementia gave him the final nudge to take a risk

Monday 2.18.13
Shari Burns: We're not going to country clubs with clients.

United Capital eyes 'Paragon' brand for the $10-million-plus set after nabbing $1 billion RIA in Seattle
Joe Duran is pleased bring aboard another woman-led firm -- a trophy, albeit low-key, outfit that sits among brand giants like Starbucks, Amazon and Microsoft

Wednesday 1.16.13
Joe Duran: We really think our next wave of growth will be to open offices around the country with our retail brand.

United Capital's Joe Duran throttles back on deals as he opens an RIA version of Hamburger University
Stephanie Bogan will lead the training center that aims to create corporate 'mini-me's' around the country

Wednesday 11.28.12
Charles Goldman: The number of hybrids has been tapering off and it's been tapering off for a while.

How Charles Goldman, Philip Palaveev, Brian Hamburger and Tim Oden -- and my cabbie -- caught my attention at MarketCounsel Summit
Tussles over scale, branding and professional service played out vividly in Vegas

Friday 9.28.12
Shirl Penney (l.) and Elliot Weissbluth (middle) take their turns listening as Rudy Adolf (r.) explains his firm's impressive M&A feats.

What exactly the CEOs of HighTower, Focus Financial and Dynasty Financial revealed when they shared a stage in Las Vegas
Aggregator honchos appeared together under the unloved roll-up tag to highlight differing and evolving facets of their firms

Tuesday 9.25.12
Ron Carson: There was a lot more to [acquisitions] than we thought.

Ron Carson launches roll-up/TAMP-like venture with Envestnet, TD Ameritrade and Advizent as puzzle pieces
The biggest of LPL's affiliates shows a walk-before-run approach to inorganic growth

Monday 9.24.12
Joe Duran: Your competition will not be Merrill Lynch. It will be the big players with value that you can't match.

Joe Duran lays out his latest case for why wirehouses -- and classic RIAs -- risk losing out to a coming oligopoly of new-model holistic firms
The coming 'life management' model won't be addressed by the big guys or the little ones in this very young industry, says the United Capital CEO

Friday 9.21.12
Knut Rostad demanded to know what Elliot Weissbluth meant by 'zero conflicts of interest.'

The two dramatic moments everyone was buzzing about at the MarketCounsel conference
Elliot Weissbluth, Knut Rostad, Charles Goldman and Joe Duran helped show us why thought leadership begins when sparks fly

Tuesday 9.18.12
Gail Graham: I want to make a legacy.

Joe Duran inks deals with two top RIA executive talents after United Capital hits a 'roadblock'
The United Capital CEO is bringing aboard Gail Graham, a former Fidelity higher up, and Stephanie Bogan, a former Genworth luminary, to be sure the firm's capacity keeps pace with marketing

Thursday 9.13.12
The M Resort is a sufficient RIA magnet -- though it shares characteristics with a suburban metroplex

'Ocean's Eleven'-grade RIA sharpies set to play Vegas at MarketCounsel's 2012 Summit
A remarkably varied lineup of industry A-listers are odds-on to spark lively conversation at the compliance confab

Friday 8.31.12
Jason Del Col calls the radio show a ''massive opportunity.''

United Capital unveils national mass-affluent strategy keyed to a radio program
With the success of Edelman Financial and The Mutual Fund Store in mind, Joe Duran will take the mike regularly, but Steven Pomeranz will be the regular host

Wednesday 5.16.12
Sandi Bragar: I don't know how they can invest that portfolio without knowing what it's supposed to do.

How RIAs like Aspiriant and United Capital are working to put financial planning back at the center of financial planning firms
It's expensive, hard work, hard to charge for, difficult to deliver and adds real value

Monday 4.23.12
Peter Hess drove the Advent-Black Diamond merger and may have created an RIA-friendly monster.

The 10 most influential figures in the RIA business going into 2012, Part 2
These advisors and executives made dramatic moves that advanced the business of registered investment advisors

Wednesday 1.4.12
Joe Duran: They're basically an RIA inside a broker-dealer platform, which is not a good idea.

United Capital extracts a 40-employee, mega-growth team from LPL
The big strategic buyer gets assets of Peak Capital Investment Services, a $600-million firm that has grown 12-fold in less than a decade

Wednesday 11.2.11
Joe Duran: we do not believe this is a redux of the 2008 debacle, but we are being cautious just in case. Finding market bottoms is a messy process.

Joe Duran calls current market hoopla The Great Perception Recession of 2011
On CNBC and in a letter to clients, the United Capital chief calls for caution but with a healthy dose of skepticism

Sunday 8.14.11
Joe Duran: “When [my wife and I] are having an argument, my goals and dreams are adapting right there.

Joe Duran tries out novel financial planning strategy on himself and his wife
United Capital is seeking a replicable method for counseling high-net-worth couples

Tuesday 6.14.11
Andrew Salesky: It’s come up many times in the past. The timing is right.

Schwab spells out the details of its franchise plan
The San Francisco broker is making five-year deals with dozens of financial advisors from across advisory channels

Wednesday 6.8.11
Joe Duran:  "I think it’s exactly like the travel agency. These one-man shops think things aren’t changing. They don’t realize it until it’s too late.”

Why Joe Duran believes that classic RIA firms face extinction
Baby Boomers' expectations and rising technology could put a new squeeze on the old model

Tuesday 5.17.11
Darlene DeRemer: The bank wasn’t looking to sell per se, but they were open to looking at ideas.

United Capital scoops up a $1.6 billion wealth manager from M&T
Quick, efficient deal, aided by top investment banker, may be the blueprint for growth-by-chunks for California aggregator

Thursday 1.13.11
Joe Duran: There will be a lot of folks wiped out and [big competitors] will charge 30-40-50 basis points and that’s the pricing we’ll all have to live with. (Photo by Catherine Taylor)

The MarketCounsel Member Summit hums in the Nevada desert
Joe Duran floats a controversial thesis about the threat faced by investment managers

Thursday 11.18.10
Joe Duran: We’ll be a $100-million revenue RIA in two to three years.

One of a new breed of roll-ups taking center stage, United Capital is churning out deals again
After a broken engagement slowed its progress, the company is on a buying spree

Monday 9.20.10
Kelly Trevathan is ready for quantum growth in San Francisco under the United Capital brand

Berkeley professor challenges United Capital directors to act more like managers and less like entrepreneurs
Eat-what-you-kill mentality won't take a company to the next level

Monday 3.1.10
Joe Duran: Nobody thinks of Cisco as an acquiring company because they have one culture [and by following that example] that's how we end up with an arbitrage

The faces of United Capital on an idyllic spring day on the Berkeley campus
Photographs of United Capital partners and executives at the Haas School of Business event

Friday 2.26.10
Joe Duran: Our goal is to [help make] our partner firms into the dominant market leaders in their respective cities and to help build several $5 to $10 million offices in the next few years.

United Capital calls its partner firms to Berkeley to help execute ambitious plan
Haas business school professors will orient consolidator's RIAs toward new ways of looking at growth

Thursday 2.25.10
Malcolm Gladwell's insights on entrepreneurs in last week's New Yorker pertain to RIAs

What RIAs can learn from Malcolm Gladwell’s writings on entrepreneurs as risk averse
RIAs' success as entrepreneurs is in keeping with studies covered in a New Yorker article

Wednesday 1.20.10
Like Tom Turkey, many RIAs were thankful to survive 2009

Taking A Break From the Turkey?
RIABiz's top 10 stories from the past month offer a window into what RIAs care about

Thursday 11.26.09
Ed Friedman: “We ask them, do you really need somebody just to get lunch and coffee?”

The seven things I learned from roll-up executives in Princeton, including not to call them that
Four CEOs of aggregators choose four different paths to growth

Tuesday 10.27.09

From the RIABiz Directory »

The Industry Sourcebook for RIAs



Browse All Archives


2014


    July
    June
    May
    April
    March
    February
    January

2013


    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2012


    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2011


    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2010


    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2009


    December
    November
    October
    September
    August

Most Emailed Stories »

Walter Bettinger: With the right full-service model for serving today’s investors, we are driving sustained momentum in our business.
19 shares
8 takeaways from Schwab's earnings report and commentary including: We are 'full-service', dammit

Walter Bettinger: We are fast at work.
5 shares
What's up with Schwab getting into the robo-style online advice business and is Windhaven the linchpin?

Richard Hough: The company had a plan of going public from day one.
4 shares
How a classic $16.2 billion RIA pulled off an IPO after a few speedbumps and why the decision is looking good

John Michel: We started all over again. We're not building the same product.
4 shares
BloombergBlack rematerializes as CircleBlack minus Bloomberg

Bernie Clark: We're going to rewrite the whole portfolio management tool.
1 shares
Bernie Clark promises Schwab is getting there on its PortfolioCenter rewrite but competitors say the clock is ticking


Get the RIABiz Today
Email Alert »