Brian Hamburger and John Peluso: Perspectives on the Evolving Advice Business
The Next Frontier
2020 will go down in history as one of the most challenging periods of our time. But the New Year brings advisors a fresh opportunity to make a difference. In this episode, Brian Hamburger, MarketCounsel President & CEO, and John Peluso, First Clearing President, join host Bill Coppel - Managing Director & Chief Client Growth Officer at First Clearing - to explore the important role our industry can play in crafting the future. In this episode, you’ll hear: Key trends unfolding in the wealth management space Why the move toward independence is accelerating – particularly in the Registered Investment Advisor (RIA) segment How advisors are redefining their value in the 21st century Brian Hamburger is President and CEO of MarketCounsel, a business and regulatory compliance consulting firm serving some of the country’s top entrepreneurial investment advisors. He’s also Chief Counsel of the Hamburger Law Firm, a MarketCounsel affiliate,that brings a unique blend of business acumen and legal counsel to advisors, fintech firms, broker-dealers, funds, and their corresponding service providers as they navigate the complex issues faced by growing companies in a highly regulated space. John Peluso is President of First Clearing, a business unit of Wells Fargo Clearing Services serving broker-dealers and RIA firms. A 25-year veteran with Wells Fargo Advisors and its predecessor firms, John was instrumental in launching Profit Formula, which was the firm's first foray into independence. He then went on to lead Wells Fargo Advisors' Financial Network, the firm's independent representative channel, into becoming one of the most successful independent businesses in the country. Ways to Connect Brian Hamburger: https://www.linkedin.com/in/hamburger/ John Peluso: https://www.linkedin.com/in/john-peluso-79178814b/
A Conversation with Brian Hamburger, Founder, President and CEO of MarketCounsel – Part 2
SIRIANNI: An Industry in Transition
LISTEN TO PART 1 In this episode we explore some of the hottest topics in wealth management with Brian Hamburger, Founder, President and Chief Executive Officer of MarketCounsel & Founder and Managing Member of the Hamburger Law Firm. Brian shares his unique perspective and experience on: Mega trends for 2020 Has COVID made transitions easier or more difficult for advisors? Where are advisors considering a transition getting tripped up? How are firms receiving and integrating new advisors into their practice? What do the next 6-12 months look like for advisor transitions? Technology How is technology fueling the growth to independence for advisors during these unprecedented times? How is technology shaping the way advisors interact with clients? Benefits & concerns And much more. It’s an episode that covers a great deal of ground – solid information for any advisor who is looking to gather insight on the changes in the landscape and use that knowledge to take their business to the next level. LISTEN TO ADDTIONAL EPISODES Watch This Episode in Video BIO Brian Hamburger is the Founder and Managing Member of the Hamburger Law Firm. Brian is also the Founder, President and Chief Executive Officer of MarketCounsel, an affiliated business, regulatory, and compliance consulting firm for entrepreneurial investment advisory firms nationwide. MarketCounsel and the Hamburger Law Firm are the result of an incessant entrepreneurial spirit and genuine desire to provide an unexpected level of value and service. Together, the consulting and law firms represent an unparalleled combination of preeminent counsel and uncompromising service to participants in the retail securities industry. Previously, Mr. Hamburger was an attorney with the securities practice group of a large New Jersey law firm. While there, he practiced in the area of securities law, concentrating in investment adviser and broker-dealer registration and compliance matters as well as broker transition and practice management issues. Prior to that post, Brian served as a law clerk in the Enforcement Division of the U.S. Securities & Exchange Commission. He was also a judicial intern at the U.S. District Court for the Southern District of Florida and then, the State of Florida Third District Court of Appeal. Earlier, Brian was the chief compliance officer of an SEC-registered investment adviser. In addition to his father’s lifelong influence, Brian’s involvement in the securities industry started before he could even drive a car. Since then, he has been involved in a myriad of areas within the industry, posting a rich diversity of experiences with investment adviser and financial planning firms. Mr. Hamburger is admitted to the bars of New Jersey, New York, Pennsylvania, Massachusetts, the District of Columbia, as well as the U.S. Supreme Court. He is a member of the American Bar Association (Business Law Section) and other bar associations; the Securities Industry and Financial Markets Association, Compliance & Legal Division; National Society of Compliance Professionals; Financial Planning Association; and Society of Financial Service Professionals. Brian has been appointed to the American Bar Association’s Committees on Federal Regulation of Securities; State Regulation of Securities; and Professional Conduct; and is a Platinum and Gold Key Member of the New York Chapter of the Investment Management Consultants Association and New Jersey Financial Planning Association, respectively. He has also heeded the call of the Certified Financial Planner Board of Standards to sit on various task forces to shape industry-wide initiatives. Brian is a frequent lecturer to regional and national groups in the securities industry including members of the wealth management, investment management, financial planning, accounting, and insurance professions. His forums have ranged from delivering the keynote address to the country’s state securities regulators to addressing school-age children on career and entrepreneurial issues. For the past several years, he has been engaged by the North American Securities Administrators Association (NASAA) to train state securities examiners on the intricacies of Form ADV and investment adviser client contracts. Mr. Hamburger proudly sits on several boards of directors and advisory boards. He maintains his FINRA securities licenses (Series 7, 63 and 65), is a member of the FINRA Dispute Resolution Board of Arbitrators and has served as an arbitrator for the New York Stock Exchange. A graduate of Quinnipiac College, Mr. Hamburger received his undergraduate degree with the school’s first dual major in Economics and Financial Management. He went on to earn his Juris Doctor from the University of Miami School of Law where he was the recipient of a Dean’s Service Scholarship and the President’s Pinnacle Award for his role as Editor-in-Chief of the Res Ipsa Loquitur, the Bi-Weekly Journal of the University of Miami School of Law. Brian was among the first to earn the designation of Certified Regulatory and Compliance Professional (CRCP) by the Wharton School and the FINRA Institute after completing his residency at the Wharton School of the University of Pennsylvania. He was recently awarded the Accredited Investment Fiduciary Analyst (AIFA®) designation by the Center for Fiduciary Studies. AIFA designees have the knowledge necessary to understand and implement a prudent investment process for investment advisers, investment managers, and investment stewards and can perform a fiduciary assessment to verify or certify an entity’s conformity to a “global fiduciary standard of excellence.” Brian is an active member of the US Coast Guard Auxiliary. He lives with his daughter, Ella, and sons, Jacob and Sidney, in northern New Jersey. The post A Conversation with Brian Hamburger, Founder, President and CEO of MarketCounsel – Part 2 appeared first on AdvisorHub.
Brian Hamburger Talks Trends, Options and Opportunity—and What Advisors Need to Consider Before Making the Leap
Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change
The Founder of Hamburger Law Firm and MarketCounsel shares his legal and business expertise on what financial advisors need to know about a leap to independence, post-Protocol moves, M&A, technology and the leveling of the playing field.
“Turning Walls into Curtains” with Brian Hamburger
Permission To Succeed Podcast
Brian Hamburger is the President & CEO of MarketCounsel. MarketCounsel is the leading business and regulatory consultancy to the country’s preeminent independent investment advisers at all stages throughout their lifecycle. Brian is also the Managing Partner of Hamburger Law, a boutique law firm with its practice in virtually all areas related to the investment and … Continue reading “Turning Walls into Curtains” with Brian Hamburger →