Bialke Financial Partners, which managed $150 million at Lincoln Financial Advisors in Virginia, Minnesota, has affiliated with LPL Financial’s broker-dealer and will use LPL as its custodian.
The firm will operate as the investment arm of the American Bank of the North and use Financial Resources Group Investment Services as its office of supervisory jurisdiction.
Founded in 1947, the Bialke team includes advisors Christopher Bialke, Dan Rabideaux, Jeremy Bateman and Alyssa Droste, and office manager Mercedeez Samson.
With targeted "comfort calls" and strategically automated follow-ups, advisors who leverage their CRM systems effectively can show up when clients need them most.
The plan could offer $24,000 in relief for some taxpayers, but experts warn of consequences.
"I've seen lots of denial in this business but this GPB thing take the cake," says one industry executive.
Commentary from state-owned publication blasts sale to investor consortium as "spineless groveling," denting Hong Kong-based firm's stock.
Higher interest rates and a strong US dollar, which traditionally act as headwinds, haven't deterred market-stung investors from seeking refuge in the yellow metal.
In an industry of broad solutions, firms like intelliflo prove 'you just need tools that play well together'
Blue Vault Alts Summit highlights the role of liquidity-focused funds in reshaping advisor strategies
