American Realty Capital
A private sponsor and manager of alternative investment, particularly nontraded REITs
Known as ARC, this full-service investment advisory firm is by far the largest current sponsor of nontraded REITs and other illiquid alts.
Six large, ARC-sponsored nontraded REITs and BDCs that have raised equity in 2014:
RCS Capital Corp. (RCAP)
A publicly traded securities firm
Cetera Financial Group
When all deals are completed, will have 9,700 reps providing retail financial advice on about $214B in current asset.
American Realty Capital Properties Inc. (ARCP)
A listed, net-lease real estate investment trust
$21.3B in total assets. Also manages nontraded REITs sponsored by Cole Capital with about $5B in assets.
Significant M&A
Other businesses
Mr. Schorsch's empire doesn't stop at the entities listed above. Two others of note:
The Illinois order refers to Brandon Ellington’s investment program as a “Ponzi-like scheme.”
But the Amazon executive chair seems to want it both ways, arguing that taxing the ultra-wealthy won't help struggling Americans.
Northern Trust planning leader sees the bill extending qualified charitable distributions to employer plans as a potential positive step — but advisors shouldn't overlook bigger holes in the strategy.
Markets will always create reasons for investors to worry. The advisor’s role is not to predict uncertainty, but to help clients understand why volatility should not derail a well-built financial plan.
Plus, Asset-Map partners with Contio to elevate the advisor meeting experience, and MyVest claims an innovation in portfolio management with separately managed models.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
