Winthrop & Co.

$𝟭 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗠𝗲𝗿𝗿𝗶𝗹𝗹 𝗧𝗲𝗮𝗺 𝗝𝗼𝗶𝗻𝘀 𝗥𝗮𝘆𝗺𝗼𝗻𝗱 𝗝𝗮𝗺𝗲𝘀 𝗶𝗻 𝗪𝗶𝗹𝗹𝗶𝗮𝗺𝘀𝘃𝗶𝗹𝗹𝗲, 𝗡𝗬 ⬇ Congratulations to Christopher Scott and his incredible team for taking a bold step forward by joining Raymond James! Coming from Merrill Lynch, this seasoned group is eager to embrace the independence and opportunities that Raymond James offers. With a strong focus on wealth management, they are set to expand their services for business owners, doctors, and attorneys in the Buffalo area. “We’re excited to announce our affiliation with a firm that has a reputation for strength and stability,” Scott said. “Raymond James embraces long-term planning and methodical decision-making, always prioritizing clients first. This move allows us to offer access to robust resources and sophisticated products while providing objective advice.” With shared values and an unwavering commitment to quality client service, Scott and his team are poised for long-term growth and success. Best of luck! Winthrop & Co.💡 #MerrillLynch #RaymondJames #Buffalo #UpstateNY #WealthManagement #Independence #HNW

𝗥𝗼𝗰𝗸𝘃𝗶𝗹𝗹𝗲, 𝗠𝗗 — Please join us in congratulating Jordan L Smith, CFP® to LPL Financial and 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗔𝗱𝘃𝗼𝗰𝗮𝗰𝘆 𝗡𝗲𝘁𝘄𝗼𝗿𝗸! Jordan, previously with Edward Jones for over six years, is a dedicated financial advisor with a wealth of experience in helping business owners, mid-career professionals, and retirees achieve their financial goals. Jordan holds the Certified Financial Planner (CFP®) designation and is passionate about developing family legacy goals, building retirement income strategies, and leveraging asset protection. Wishing you the best of luck in this new chapter! Winthrop & Co. 💡 #EdwardJones #FinancialPlanning #WealthManagement #CertifiedFinancialPlanner #FinancialAdvisor #LPL #Independence Taylor Robinson Lydia Kellams

$𝟮 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗠𝗲𝗿𝗿𝗶𝗹𝗹 𝗟𝘆𝗻𝗰𝗵 𝗧𝗲𝗮𝗺 𝗝𝗼𝗶𝗻𝘀 𝗥𝗼𝗰𝗸𝗲𝗳𝗲𝗹𝗹𝗲𝗿 𝗶𝗻 𝗡𝗲𝘄𝘁𝗼𝘄𝗻, 𝗣𝗔! 🔽 Big congrats to Christopher DiMedio, CRPC™ and his 16-person team for making the move to Rockefeller Capital Management Global Family Office from Merrill Lynch! Generating $11 million in annual revenue and managing $2 billion in assets, DiMedio and his team are embracing new opportunities for growth and independence in the wealthy Philadelphia suburb. According to AdvisorHub, Rockefeller continues its aggressive expansion, steadily adding teams since 2018, with plans to bring in two or three more groups in the Newtown area. Some early Rockefeller teams have already “doubled or tripled revenue,” making this an exciting time for DiMedio and his group. Congrats to the entire team! Winthrop & Co. 💡 #WealthManagement #AdvisorTransition #RockefellerGlobal #FinancialAdvisors #MerrillLynch

Many advisors have "no interest in moving" because they're comfortable with their current earnings and dread the idea of transitioning clients. However, taking the leap toward independence can unlock significant long-term benefits for both your business and clients. Here are five reasons why ⤵ 𝟭. 𝗖𝗼𝗻𝘁𝗿𝗼𝗹 𝗢𝘃𝗲𝗿 𝗬𝗼𝘂𝗿 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗲: Break free from corporate mandates and structure your business to reflect your personal values and vision. 𝟮. 𝗛𝗶𝗴𝗵𝗲𝗿 𝗘𝗮𝗿𝗻𝗶𝗻𝗴 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹: Keep more of what you earn with flexible payout structures that put you—and your clients—first. 𝟯. 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗖𝗹𝗶𝗲𝗻𝘁 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲: Offer a broader range of products and services, free from corporate limitations, to better serve your clients' unique needs. 𝟰. 𝗦𝘁𝗿𝗼𝗻𝗴𝗲𝗿 𝗖𝗹𝗶𝗲𝗻𝘁 𝗥𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀𝗵𝗶𝗽𝘀: Independence allows you to prioritize your clients' interests, fostering loyalty and deeper connections without corporate interference. 𝟱. 𝗢𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗼𝗳 𝗬𝗼𝘂𝗿 𝗦𝘂𝗰𝗰𝗲𝘀𝘀: Independence provides full control over your growth, brand, and future. You set the direction, exploring limitless possibilities with the guidance and support of an independent firm and a network of advisors who have paved the way. Transitioning may seem daunting, but the long-term advantages far outweigh the initial challenges. By embracing independence, you can position yourself for sustainable growth and greater fulfillment in your financial advisory career. Winthrop & Co. 💡

Please join me in welcoming Michael Voltin, CFP®, CPWA®to Concurrent and Wealth Partners Alliance! Michael joins us from Merrill Lynch in Austin, TX. Michael is a seasoned financial advisor with over 11 years of experience working with families, corporate executives, and business owners. He also holds both the Certified Financial Planner (CFP®) and Certified Private Wealth Advisor (CPWA®) designations. In his spare time Michael enjoys spending time outdoors and going to concerts with his family and friends. We are thrilled about this new partnership! #EmpoweringEntrepreneurs #RIA #businessdevelopment #wealthmanagement #WPA Winthrop & Co. Taylor Robinson

𝗔𝘂𝘀𝘁𝗶𝗻, 𝗧𝗫 — Congratulations to Michael Voltin, CFP®, CPWA® who recently made the move to Wealth Partners Alliance of Concurrent. Michael, previously with Merrill Lynch, was seeking a true independent structure for his business and clients. Wishing you the best of luck in this new chapter! Winthrop & Co. 💡 Taylor Robinson Nick Klein #AustinTX #Concurrent #Independence #MerrillLynch #WealthManagement

Keeping everyone in the southern regions in our thoughts and prayers during this hurricane season. Stay safe, and take care of each other during these challenging times.

Many advisors encounter misconceptions about the motivations behind their peers’ transitions. Let’s debunk 4 myths about advisor movement ⬇: 𝟭. 𝗠𝘆𝘁𝗵: 𝗔𝗹𝗹 𝗧𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻𝘀 𝗗𝗶𝘀𝗿𝘂𝗽𝘁 𝗖𝗹𝗶𝗲𝗻𝘁 𝗥𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀𝗵𝗶𝗽 • 𝗗𝗲𝗯𝘂𝗻𝗸: Many advisors fear that leaving their current firm will alienate clients and result in loss. In our past transitions, effective communication actually strengthens relationships and improve client loyalty during a transition. • 𝗙𝗮𝗰𝘁/𝗦𝘁𝗮𝘁𝗶𝘀𝘁𝗶𝗰: According to a study by the Financial Planning Association (FPA), over 70% of clients remain loyal to their advisor after a transition when proactive engagement is practiced. 𝟮. 𝗠𝘆𝘁𝗵: 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘀 𝗪𝗵𝗼 𝗝𝘂𝗺𝗽 𝗦𝗵𝗶𝗽 𝗔𝗿𝗲 𝗝𝘂𝘀𝘁 𝗗𝗼𝗶𝗻𝗴 𝗜𝘁 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗠𝗼𝗻𝗲𝘆 • 𝗗𝗲𝗯𝘂𝗻𝗸: A common stereotype is that advisors leave their firms solely for financial incentives. While compensation is a factor, many advisors seek more meaningful reasons for their transitions. • 𝗙𝗮𝗰𝘁/𝗦𝘁𝗮𝘁𝗶𝘀𝘁𝗶𝗰: A 2023 report by Cerulli Associates found that over 60% of advisors cited factors such as greater autonomy, improved client service capabilities, and enhanced career growth opportunities as their primary motivations for transitioning, far outweighing financial considerations. 𝟯. 𝗠𝘆𝘁𝗵: 𝗧𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻𝗶𝗻𝗴 𝗠𝗲𝗮𝗻𝘀 𝗟𝗼𝘀𝗶𝗻𝗴 𝗬𝗼𝘂𝗿 𝗜𝗱𝗲𝗻𝘁𝗶𝘁𝘆 • 𝗗𝗲𝗯𝘂𝗻𝗸: Advisors often think that moving to a new firm will force them to conform to a new culture or brand, losing their reputation. In reality, many firms, especially independent broker-dealers, support advisors to not only maintain their personal brand, but enhance it. • 𝗙𝗮𝗰𝘁/𝗦𝘁𝗮𝘁𝗶𝘀𝘁𝗶𝗰: A report by Schwab Advisor Services indicated that over 80% of advisors who transitioned to independent firms felt they could express their personal brand and values more freely. 𝟰. 𝗠𝘆𝘁𝗵: 𝗬𝗼𝘂 𝗖𝗮𝗻’𝘁 𝗧𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻 𝗪𝗶𝘁𝗵𝗼𝘂𝘁 𝗟𝗼𝘀𝗶𝗻𝗴 𝗠𝗼𝗺𝗲𝗻𝘁𝘂𝗺 • 𝗗𝗲𝗯𝘂𝗻𝗸: Many advisors believe that moving will halt their business momentum and negatively impact their client service. However, with proper planning, advisors can transition smoothly while maintaining their growth trajectory. • 𝗙𝗮𝗰𝘁/𝗦𝘁𝗮𝘁𝗶𝘀𝘁𝗶𝗰: Cerulli found advisors who transition typically see 10-25% growth in the year following their move due to improved client relationships and targeted marketing efforts.. Understanding the realities of advisor movement can empower your decisions. Don’t let myths hold you back from pursuing your ideal path! Winthrop & Co. 💡

Many advisors encounter misconceptions about the motivations behind their peers’ transitions. Let’s debunk 4 myths about advisor movement ⬇: 𝟭. 𝗠𝘆𝘁𝗵: 𝗔𝗹𝗹 𝗧𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻𝘀 𝗗𝗶𝘀𝗿𝘂𝗽𝘁 𝗖𝗹𝗶𝗲𝗻𝘁 𝗥𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀𝗵𝗶𝗽 • 𝗗𝗲𝗯𝘂𝗻𝗸: Many advisors fear that leaving their current firm will alienate clients and result in loss. In our past transitions, effective communication actually strengthens relationships and improve client loyalty during a transition. • 𝗙𝗮𝗰𝘁/𝗦𝘁𝗮𝘁𝗶𝘀𝘁𝗶𝗰: According to a study by the Financial Planning Association (FPA), over 70% of clients remain loyal to their advisor after a transition when proactive engagement is practiced. 𝟮. 𝗠𝘆𝘁𝗵: 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘀 𝗪𝗵𝗼 𝗝𝘂𝗺𝗽 𝗦𝗵𝗶𝗽 𝗔𝗿𝗲 𝗝𝘂𝘀𝘁 𝗗𝗼𝗶𝗻𝗴 𝗜𝘁 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗠𝗼𝗻𝗲𝘆 • 𝗗𝗲𝗯𝘂𝗻𝗸: A common stereotype is that advisors leave their firms solely for financial incentives. While compensation is a factor, many advisors seek more meaningful reasons for their transitions. • 𝗙𝗮𝗰𝘁/𝗦𝘁𝗮𝘁𝗶𝘀𝘁𝗶𝗰: A 2023 report by Cerulli Associates found that over 60% of advisors cited factors such as greater autonomy, improved client service capabilities, and enhanced career growth opportunities as their primary motivations for transitioning, far outweighing financial considerations. 𝟯. 𝗠𝘆𝘁𝗵: 𝗧𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻𝗶𝗻𝗴 𝗠𝗲𝗮𝗻𝘀 𝗟𝗼𝘀𝗶𝗻𝗴 𝗬𝗼𝘂𝗿 𝗜𝗱𝗲𝗻𝘁𝗶𝘁𝘆 • 𝗗𝗲𝗯𝘂𝗻𝗸: Advisors often think that moving to a new firm will force them to conform to a new culture or brand, losing their reputation. In reality, many firms, especially independent broker-dealers, support advisors to not only maintain their personal brand, but enhance it. • 𝗙𝗮𝗰𝘁/𝗦𝘁𝗮𝘁𝗶𝘀𝘁𝗶𝗰: A report by Schwab Advisor Services indicated that over 80% of advisors who transitioned to independent firms felt they could express their personal brand and values more freely. 𝟰. 𝗠𝘆𝘁𝗵: 𝗬𝗼𝘂 𝗖𝗮𝗻’𝘁 𝗧𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻 𝗪𝗶𝘁𝗵𝗼𝘂𝘁 𝗟𝗼𝘀𝗶𝗻𝗴 𝗠𝗼𝗺𝗲𝗻𝘁𝘂𝗺 • 𝗗𝗲𝗯𝘂𝗻𝗸: Many advisors believe that moving will halt their business momentum and negatively impact their client service. However, with proper planning, advisors can transition smoothly while maintaining their growth trajectory. • 𝗙𝗮𝗰𝘁/𝗦𝘁𝗮𝘁𝗶𝘀𝘁𝗶𝗰: Cerulli found advisors who transition typically see 10-25% growth in the year following their move due to improved client relationships and targeted marketing efforts.. Understanding the realities of advisor movement can empower your decisions. Don’t let myths hold you back from pursuing your ideal path! Winthrop & Co. 💡

𝗜𝗖𝗬𝗠𝗜: LPL Financial has welcomed Ken Hutkin and Ron Winkler to its LINSCO channel. Operating under the brand 𝟱𝟳𝘁𝗵 𝗦𝘁𝗿𝗲𝗲𝘁 𝗪𝗲𝗮𝗹𝘁𝗵 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘀, this team becomes the first LINSCO office in New York City! With over $400MM in advisory, retirement, and brokerage assets, Ken and Ron bring decades of expertise from their time at Wedbush Securities. Their move is all about positioning for the future. Ken Hutkin shared, “LPL’s flexibility, scale, and resources will allow us to grow and ensure business continuity for our clients and legacy.” It’s clear they’re excited about the potential to thrive with LPL's wealth management platform and support network. Congrats to the 𝟱𝟳𝘁𝗵 𝗦𝘁𝗿𝗲𝗲𝘁 𝗪𝗲𝗮𝗹𝘁𝗵 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘀 team for making this move! Winthrop & Co. 💡 𝗟𝗜𝗡𝗦𝗖𝗢 𝗮𝘁 𝗟𝗣𝗟 ⬇: Linsco by LPL Financial is a unique employee advisor channel that combines the best of both worlds for financial advisors—𝗶𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝗰𝗲 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗼𝗳 𝗮 𝗹𝗮𝗿𝗴𝗲 𝗶𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻. Advisors under this model are technically employees of LPL, but they benefit from many of the same freedoms as independent advisors. Here’s why it’s worth knowing about: • 𝗪𝗵𝗼 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀: Advisors looking for a balance between autonomy and support. If you’ve been thinking about gaining more control over how you serve clients, but aren’t ready for the full jump into an independent RIA, this could be the ideal middle ground. • 𝗪𝗵𝘆 𝘁𝗵𝗲𝘆 𝗯𝗲𝗻𝗲𝗳𝗶𝘁: Linsco offers business ownership without the burden of overhead and infrastructure management. LPL provides a turnkey office solution, allowing advisors to focus on building client relationships and growing their practice, while LPL handles compliance, technology, and operational needs. • 𝗛𝗼𝘄 𝗶𝘁 𝘄𝗼𝗿𝗸𝘀: Advisors maintain their brand identity, but operate with the backing of LPL’s extensive resources. This model gives them the freedom to tailor their services, all while benefiting from an established institutional platform, superior technology, and compliance oversight. #LINSCO #LPL #NewYorkCity #WealthManagement