As a 19-year-old financial advisor at the start of his career, Conor Delaney likely had some kind of plan, but fast forward another 19 years and the InvestmentNews 40 Under 40 alumnus must surely have surpassed his own goals.
As founder and CEO of Good Life Companies which partners with independent financial advisors nationwide, Delaney is now heading a 12-year-old business with 50 employees serving more than 200 advisors across the country managing more than $10 billion in client assets.
This month the firm has added three advisors to its network:
“It is a milestone in an advisor’s career when they launch their own business,” said Delaney. “Supporting that moment is the backbone of our business, and it has inspired our continuing innovation and commitment to serve as a resource to the advisor and their business at every step.”
Good Life is eyeing expansion of its own footprint too, opening a second corporate headquarters in Orlando, Florida, augmenting its Reading, Pennsylvania location.
Delaney will be based in the new office, which should be open by the end of 2024 to support current advisors supported by the firm and to serve the strong demand for its differentiated model of services and support.
“As demand for independence grows, our model is resonating with advisors looking for a better way to work and live,” said Delaney. “The success of our affiliated advisors is a testament to that. With this new location, we can continue to enhance our offering of service and support by gaining access to a growing population of talent and creating a destination for advisors.”
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
