ADVISORport Acquires RunMoney

ADVISORport has acquired RunMoney Corp., a registered investment advisor that offers separately managed account programs, back-office support and educational programs for planners.

"This acquisition enables ADVISORport to provide the industry‚s most robust, online educational and advisor development program," says Gregory S. Horn, ADVISORport‚s chairman and CEO. RunMoney‚s Center for Advisor Development and its highly developed curriculum devoted to advisor instruction and resources will serve as the foundation for ADVISORport‚s educational initiative, he added.

Robert Jorgensen, RunMoney‚s chairman and CEO, will join ADVISORport as director of advisor development. "Under Robert‚s direction, we can now provide a wealth of educational support that will make the ADVISORport platform even more attractive to large brokerage, banking, CPA and insurance organizations seeking to penetrate the advisor market," said Stephen J. DeAngelis, president of ADVISORport.

ADVISORport, (www.advisorport.com), is based in Philadelphia and serves independent advisors and broker-dealers, bank and trust companies, certified public accountants and money management firms. Its online platform offers separate-account money managers, mutual funds, brokerages and hedge funds, as well as client profiling tools, asset allocation analysis, performance monitoring, rebalancing models and customized proposals and reports. The firm services accounts representing more than $1.7 billion in assets for more than 80 clients.

Buchanan Street Launches Fund

Buchanan Street Partners has introduced The Buchanan Fund III. The fund will make mezzanine debt and equity investments in commercial and multi-family properties throughout the western United States and selected net-leased properties nationwide. According to Bentley Kerr, vice president of investor services, the fund is expected to have a total equity capitalization of $50 million to $75 million and is targeting an overall net return of 18% plus with a 9% plus current payment.

Buchanan Street Partners is a California-based real estate investment bank with offices in Newport Beach, Los Angeles and San Francisco. For information, contact Chris MacDonald, executive vice president, at (949) 219-1581 or Kerr at (949) 219-1586.

GoldK Inks Deal With LPL

GoldK, a provider of employer-sponsored online retirement plans based in Waltham, Mass., has signed an agreement to distribute its plans through LPL Financial Services.

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