IPRO ONE ACQUIRES OWNERSHIP IN HBK SORCE FINANCIALiPro One has reached an agreement to purchase an ownership interest in HbK Sorce Financial, an investment advisory and wealth management firm with more than $1 billion in assets under management.
HbK Sorce is an affiliate of CPA firm Hill, Barth & King. The deal will allow iPro One to offer wealth management services for the firm and its clients. Using its CPA360 tool, iPro One helps CPA firms identify potential wealth management revenue among clients.
The company also offers investment banking consulting services and other products that CPA firms can leverage to service high-net-worth clients.
“This partnership lets HbK tap into iPro One’s expert investment knowledge, direct access to sophisticated services, unique ability to unlock the potential within our existing clients, and liquidity solutions for our partners,” said Christopher Allegretti, CPA, managing principal and CEO of Hill, Barth & King LLC, in a statement.
GENWORTH LAUNCHES PRACTICE MANAGEMENT SITE
Genworth Financial Investment Services has launched a new section of its Web site dedicated to practice management. The practice management section includes information designed to help representatives and advisors manage and develop various aspects of their practice.
The modules are designed as how-to documents constructed around activities such as establishing and tracking goals, and learning how to tap into sophisticated technology for analyzing client data. The Plan module offers information about how to create and measure the success of a business plan. In the Manage module, users learn how to manage accounts, how to approach and service brand-new accounts, how to hire and train an assistant, and how to utilize Genworth’s Web-to-print marketing and client communications Web site.
The Grow module includes information on how to implement and benefit from referral marketing, and access to programs that help analyze client financials from long-term goals to asset allocation and estate analysis.
