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Large Bank Independent Broker Dealer (BD) Breakaway

By Adhesion Wealth, An AssetMark Company

2800x1000 Adhesion CS Broker2024

An Advisor and his partner, after departing from the large bank BD, sought to replicate a UMA solution for a significant block of accounts previously managed under BDs’ DMA solution. They primarily operated their business using Schwab’s rebalancer; however, this particular block was comprised of their ultra-high-net-worth (UHNW) clients and was fundamental to their operations.

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By Adhesion Wealth, An AssetMark Company

For financial professional use only.


Important Information

This is for informational purposes only, is not a solicitation, and should not be considered investment, legal or tax advice. The information has been drawn from sources believed to be reliable, but its accuracy is not guaranteed and is subject to change.

Investing involves risk, including the possible loss of principal. Past performance does not guarantee future results. UMAs are not suitable for all investors and should be evaluated for suitability by financial professionals prior to investing.

For more complete information about the various investment solutions available, including the investment objectives, risks, and fees, please refer to the Disclosure Brochure. Please read it carefully before investing. For a copy, please contact Adhesion Wealth Advisor Solutions (“Adhesion Wealth”).

Adhesion Wealth is an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”). Adhesion Wealth and third-party providers are separate and unaffiliated companies. Each party is responsible for their own content and services.

Adhesion Wealth is an affiliate of AssetMark, Inc., an investment adviser registered with the SEC.

©2024 Adhesion Wealth Advisor Solutions. All rights reserved. © 2024 Adhesion Wealth Advisor Solutions, Inc. All rights reserved.

C24-20942 | 02/2024 | EXP 2-28-2026