What would be the successful methods behind development and success in the way forward for wealth administration?
On this episode of the Wealth Administration Edge podcast, Mark Bruno, managing director of the Wealth Administration Group at Informa, talks with Marc Cohen, govt vice chairman at LPL Monetary, about the way forward for wealth administration, mergers and acquisitions, and the way efficient know-how and workflow administration will drive a brand new wave of development within the recommendation trade.
Particularly, Mark and Marc talk about:
- How particular know-how utilization, time administration and numerous workforce collaboration can create capability and leverage so as to add extra purchasers.
- How M&A is evolving and the way acqui-hires and minority investments will proceed to drive development.
- Investing in infrastructure to make sure constant and high-quality monetary advisory providers.
- Tuck-in exercise amongst advisors as an alternative choice to beginning new corporations.
Join With Mark Bruno:
Join With GUEST:
About Our Visitor:
Marc Cohen is the chief vice chairman of Technique for LPL Monetary. He’s answerable for main the event of inventive and progressive methods for LPL to companion with advisors to make sure that every purchasers’ wants are met with a singular lens and superior capabilities, instruments, and options that permit them to thrive.
Previous to becoming a member of LPL, Mr. Cohen was with MarketCounsel for greater than a decade. Whereas there, he helped entrepreneurial funding advisors construct, handle, and develop their companies. From serving as an architect behind most of the highest-profile breakaway offers within the trade, to supporting their journey as enterprise homeowners by way of technique growth, evolving operational and compliance necessities, succession planning, and exit methods, Mr. Cohen has helped profitable advisors develop into profitable entrepreneurs.
Mr. Cohen earned a bachelor’s diploma in Accountancy from The George Washington College in Washington, DC.