ICONIQ Capital is now an $89 billion RIA. As they continue to evolve, our Founder and CEO, Lorenzo Esparza was asked to offer his thoughts to Brooke Southall for RIABiz. His view?
“[…] PE backed RIAs get rolled up to capture scale and efficiency. But then these RIAs end up looking like most other RIAs without any real differentiation. […] They begin to look like a UBS or Merrill with the massive infrastructure and corporate red tape. […] In order to differentiate, firms start to move into other areas not traditionally found in an RIA. That is precisely what Manhattan West has done. We are offering a variety of services around the traditional RIA model and adding direct investments. It’s those practices and offerings that make us look different than most other RIAs.”
Why Traveling the World Has Made Me a Better Adviser
Managing Director, Francois Schramek, CFA, has traveled to more than 100 countries. In this article featured in InvestmentNews, he shares three unique experiences during his travels that have shaped his perspective on how to better advise our clients in their financial journeys.
Justin McCurdy Coaches Athletes on Financial Literacy
Because of his longstanding passion for financial literacy, Executive Director Justin McCurdy often tells clients that “the most important gift they can leave their children is not the assets, or even money, it’s the knowledge of how to manage that money.”
Read more in ETF Trends about Justin’s approach to educating clients on building generational wealth.
New Benchmark Is 33/33/33 With Assets Divided Equally Between Stocks, Bonds and Alternatives
Managing Director and Financial Advisor, Tyler Robuck joins Jill Malandrino, a global markets reporter, for a Nasdaq Trade Talks interview. In this brief video, they discuss why every investor should consider alternative assets for their portfolios.
A Foolproof Guide to Insuring Your Valentine’s Day Jewelry Purchases
Congratulations to Lauren Adovasio on being quoted in MarketWatch. This Valentine’s Day, it may be wise to consider jewelry insurance, but there is one thing to keep in mind. Before purchasing insurance, clients are encouraged to do a thorough inventory of what they own, particularly with the idea that they may not realize the value of their present pieces.
L.A.’s Ultra-Competitive Real Estate Market Sparks Nontraditional Negotiation Tactics
Congratulations to Elizabeth Campos on being quoted in The Hollywood Reporter.
The 60/40 Portfolio Is Dead. Long Live 33/33/33.
A 60/40 portfolio of stocks and bonds used to be the gold standard, but at Manhattan West, we are bringing a modern approach to private wealth.
In his recent Kiplinger article, Managing Director, Tyler Robuck, explains why every investor should consider alternative investments for their portfolios, especially real estate, venture capital and private equity.
Good Advice Helped Showbiz Talent Survive Pandemic
Congratulations Lauren Adovasio, Elizabeth Campos, and Jack Sinoryan on being recognized by Variety in the 2021 Business Managers Elite list. Read how good advice helped showbiz talent survive the pandemic in their latest article.
How to Retain Your Business, and Your Sanity, When Leaving Your Firm
For financial advisors seeking independence, CEO Lorenzo Esparza stresses the importance of not allowing “what ifs” to deter them from launching their own firm. In a recent interview with Financial Planning, he shared that founding Manhattan West has been the highlight of his career and urges other entrepreneurial advisors to plan their vision for building their own firm.
Hollywood’s Top Business Managers of 2021
Congratulations Elizabeth Campos on being honored as a Top Business Manager by The Hollywood Reporter.