​Blue Chip Partners had two executives named to Forbes’ 2023 list of Best-In-State Wealth Advisors. In the 2023 rankings, CEO Robert Steinberg, JD, CPA, CFP® and Managing Partner Dan Seder, CFA®, CMT, CFP® were both listed, ranking #17 and #18 respectively in the state of Michigan. ​Forbes’ rankings, developed by SHOOK Research, are one of the only advisor rankings with a focus on quality, including surveying and interviewing advisors in-person and virtually.

​Originally published on PRNewswire on May 25, 2023. Read full article here.

AXG Advisors, a boutique insurance brokerage serving ultra-high net worth individuals, will look opportunistically for buys for similar companies that would enhance its existing offerings, said George Papanier, principal and co-founder. AXG could buy as many as five companies in the next few years, but the firm plans to be selective and would be happy with fewer acquisitions that fit well. AXG believes consolidation in insurance distribution has taken out prospective independent competitors and opened up a growth opportunity for those with its focus.

Originally published by Mergermarket on February 27, 2023. Read full article here.

Ever wonder whether the firm down the street is experimenting with how it charges clients? Bob Veres of Inside Information takes a look at the state of the profession’s revenue model via the 2022 Billing and Fee study from Advyzon, a comprehensive service and technology platform and portfolio management solution for financial advisors and investment managers. Bottom line: Nearly all firms are charging some of their clients based on something other than AUM, but nearly all are charging AUM for most of the people they work with. In addition, nearly 40% of advisors offer some form of flat-fee option.

Originally published by Inside Information on January 29, 2023. Read full article here.

Financial planners are professionals who help individuals and corporations meet their long-term financial objectives. Fiduciary advisors differentiate themselves by meeting the highest standards in the financial planning profession. Terms you may hear used in tandem with (or instead of) “fiduciary” include “fee-only” and “commission-free” — that means they do not get a kick-back for recommending a solution. Their only purpose is to look out for their clients’ overall financial well-being. For tips on selecting any financial advisor, follow these five easy steps, provided by NAPFA, the National Association of Personal Financial Advisors.

Originally published by NAPFA on November 28, 2022. Read full article here.

Senior Research Manager Juan Pablo Villamarin at San Antonio-based Intercontinental Wealth Advisors wrote this bylined article on semi-liquid funds. The article includes information on interval and tender-offer funds, and explains why they've become such a popular way to access private offerings.

Originally published by Advisor Perspectives on October 31, 2022. Read full article here.

Home equity is a powerful risk management tool that many higher net-worth individuals and their advisors are starting to explore. Historically, financial professionals ignored home equity in retirement planning for a simple reason – there was no effective way to access it. Not long ago, the only ways to exploit home equity were to sell the home or refinance it and take on a monthly payment obligation.

Originally published by Advisor Perspectives on July 25, 2022. Read full article here.