News & Events

May 12, 2020 | Chalice Wealth Partners Announces the Sale of Chalice Capital Partners and Chalice Wealth Advisors to Kingswood Holdings Limited

SAN DIEGO, May 12, 2020 /PRNewswire-PRWeb/ -- Chalice Wealth Partners, a fintech holding company of Chalice Network, Chalice Financial Technology, and Succession Link proudly announced today the closing and sale of the broker-dealer and RIA subsidiaries to Kingswood Holdings Limited.

The occasion marks another milestone for Chalice and their realization as a pure fintech and PaaS (Platform as a Service) company, further enabling them to offer their powerful platform and membership benefits to the financial services community at large.

Chalice Capital Partners, Chalice Wealth Advisors, and Kingswood affiliated companies will become enterprise clients of the Chalice Network and continue to receive the many benefits of the Chalice digital marketplace, including access to Chalice Network's affordable group health insurance.

May 06, 2020 | Financial Advisor IQ –– UK’s Kingswood Closes Acquisition of California-Based Chalice Wealth Advisors

Kingswood Holdings Limited, a U.K.-based company with designs on the U.S. market, says it has closed the acquisition of San Diego-based Chalice Capital Partners, an independent broker-dealer, and Chalice Wealth Advisors, the firm’s RIA.

Chalice’s CEO Derek Bruton will take over as Kingswood US CEO, partnering with Mike Nessim, the current majority owner and leader of MHC, according to the press release.

February 11, 2020 | Chalice Wealth Partners Adds JP Guilbault to Board of Directors

"Since launching the Chalice Financial Network about a year ago, we've seen tremendous growth," said Keith Gregg, founder and CEO of Chalice. "JP is a visionary growth leader with tremendous experience and passion for small business and technology. We believe his strong experience in M&A and scaling companies that serve SMBs and member-based organizations will be extremely valuable as Chalice continues to grow."

February 05, 2020 | Chalice Financial Network Adds FA Client Machine and Anchor Point to the Chalice Exchange Digital Marketplace

“Our goal at Chalice is to help small and midsized business owners grow and run their businesses, and our platform gives them all the tools they need from M&A services to marketing and health insurance to accounting support,” said Keith Gregg, chairman and CEO of Chalice Financial Network. “And now we’ve added FA Client Machine and Anchor Point to help our members keep up with the current marketing trend of using online videos to communicate with their current and prospective clients, all at unbelievable savings. The videos are high quality and engaging, and both these new partners are committed to helping members get results.”

January 07, 2020 | What Will 2020 Hold For The Wealthtech Industry?

"We see the future and current trend is more of subscription and retainer fees versus commissions and percentage of assets fees. Advisors are struggling with fee compression and there is no stopping it, hence the need to reconsider their revenue models," says Chalice Network CEO, Keith Gregg

January 02, 2020 | Chalice Wealth Advisors and Chalice Capital Partners are being acquired by Kingswood Holdings

Chalice Network is pleased to congratulate Derek Bruton on a major milestone in his career as CEO of Kingswood Holdings Limited. Chalice Network, the member-benefit organization for independent small and mid-size firms, is not part of the acquisition of Chalice Wealth Advisors and Chalice Capital Partners. However, Chalice will provide the strength of its buying power to Kingswood Advisors with access to the Chalice Marketplace products and services.

December 13, 2019 | New Advisory Board Addition Strengthens Chalice’s Position as Brain Trust in the Industry

“Jim brings a deep understanding of trust services to the Chalice organization,” said Dan Kreuter, CEO of Gladstone Group and chairman of the Chalice Advisory Board. “We know his expertise will enhance our members’ competency in implementing trust services, provide considerably more guidance for their clients, and deepen their value through multiple generations. We are pleased Jim has joined our Advisory Board, and we all look forward to working with him.”

December 10, 2019 | National Advisors Trust Company President and CEO James A. Combs Jr. Joins Chalice Network's Advisory Board

"Jim brings a deep understanding of trust services to the Chalice organization," said Dan Kreuter, CEO of Gladstone Group and chairman of the Chalice Advisory Board. "We know his expertise will enhance our members' competency in implementing trust services, provide considerably more guidance for their clients, and deepen their value through multiple generations. We are pleased Jim has joined our Advisory Board, and we all look forward to working with him."

November 04, 2019 | Chalice Network and Succession Link Combine on One Platform for Easy Member Access

“By creating a single sign-on for our Succession Link and Chalice members, we have brought our two companies together increasing ease of access,” said Tim Horton, CTO of Chalice. “This is just another step in our continued commitment to improve the technology side of the business and make enhancements that benefit our members’ ability to accelerate their business and user experience for our members that will ultimately accelerate the growth and acquisition of their business.”

October 24, 2019 | Aurora Private Wealth Joins Chalice Financial Network as New Enterprise Member

“Joining the Chalice platform was a natural choice for Aurora as we look toward reaching the next stage of our growth,” said Aurora CEO Timothy L. Smith, CFP®.

October 22, 2019 | Aurora Private Wealth Joins Chalice Financial Network as New Enterprise Member

"As Aurora Private Wealth continues its growth, the Chalice team aims to add instant value and credibility with our offerings by fortifying their value proposition so they are empowered to enhance recruiting, grow organically, and retain quality advisors," said Chalice President Derek Bruton.

September 10, 2019 | Chalice Adds The Investment Center To Its Network

“The advisors we work with are independent business owners, trying to grow their businesses in a very competitive environment. When we saw all that Chalice could offer – from marketing, to information technology, to cybersecurity, to M&A support services – we knew that being a part of their network would be a great benefit to our advisors,” said Marc Lefurge, The Investment Center’s Chief Marketing Officer.

August 22, 2019 | Chalice Network Adds Transition Consulting with BridgeMark To Its Lineup

BridgeMark provides guidance and support for independent financial advisors looking to move between independent broker-dealer or RIA platforms, establish their own RIA, sell or buy a practice, or maximize growth opportunities by recruiting new advisors to their business.

August 22, 2019 | Chalice members will receive a free cyber-risk assessment

Chalice Financial Network is rolling out a new cybersecurity protection package for its members, so independent advisors can “identify cyber threats and mitigate both the risk of and potential damage from cyber-attacks in a cost-effective way.

August 19, 2019 | Chalice Financial Network Launches Cyber Security Protection Package

Chalice Members are the type of business owners that most need our services. Research shows that 62% of all cyber attacks target small- and mid-size businesses, with the average data breach costing companies more than $1 million.

August 15, 2019 | Strategic Alliances with Bryce Point Insurance Agency and Coalition® Powers Chalice Efforts to Curb Advisors' Biggest Compliance Risk

Chalice Members will receive a complimentary Cyber Risk Assessment with an option to purchase affordable cyber security insurance coupled with cyber software and compliance support.

August 14, 2019 | Chalice Adds Cyber Security Protection For Advisors with Complimentary Risk Assessment

“One in five small businesses will fall victim to a cyber security breach, with the average cost of a breach being $1 million,” said Keith Gregg, chairman and CEO of Chalice Financial Network. Get your complimentary cyber risk assessment with an option to purchase affordable cyber security insurance today!

August 01, 2019 | Chalice Launches Reg BI Compliance Services

With just 11 months until the compliance deadline for Regulation Best Interest (RegBI) Chalice Financial Network is rolling out a Reg BI Readiness Platform to help advisors adjust to the new regulatory regime.

August 01, 2019 | LifeYield LLC has announced an alliance with Chalice Financial Network

A household with $1 million in assets divided equally between stocks and bonds could realize after-tax savings as substantial as $159,000 over the first 10 years, $325,000 over 15 years and $590,000 over 20 years. The Taxficient Score and LifeYield’s other tools help advisers quantify the value of the advice they provide, attract new clients and encourage a holistic, household-level approach to wealth management.

August 01, 2019 | Chalice Launches Platform Solution For The SEC's Regulation Best Interest

Are you RegBI ready? Chalice Members benefit from discounted access to legal guidance from Kupfer & Associates and workflow tools from NRS Consulting Compliance. Don't wait until the last minute, start taking steps today to prepare for this new requirement.

July 22, 2019 | Financial Advisers Shouldn't Have to Stress Over Health Insurance

Stressing over how to find adequate health insurance for yourself, your family and your team does not have to be one of those challenges. In fact, with the right plan, your health insurance solution can be a value-add that helps your business stand as a role model for the industry.

July 11, 2019 | Chalice Upgrades Its M&A Matching Service for Advisors

The latest iteration of Succession Link will offer compatibility ratings and other features to expedite the M&A process for potential buyers and sellers.

July 09, 2019 | Chalice CEO and Founder Keith Gregg Featured in Modern Luxury Power Players Issue

Thanks to the scale and operational resources Chalice offers, HNW individuals have greater opportunity to find high-caliber wealth management and advisory services on par or exceeding those of global financial institutions. “Chalice is the Holy Grail for Wealth Advisors,” says Keith Gregg.

June 11, 2019 | Getting Good Insurance Does Not Have To Make You Sick

Health insurance is such a dire issue for many small and midsize business owners that they often struggle to obtain the kind of coverage that enables them to grow their firms in line with their ambitions. The good news is that getting proper health insurance for your business is possible. You can find third-party entities that partner with PEOs to provide your firm with discounted access to group insurance packages covering medical, dental and vision, etc.

June 06, 2019 | WealthTech Insights #63 with Keith Gregg. What Trends Will We See in the Finance World over the Next 10 Years?

With the average age of the wealth adviser today in the mid to late 50s, you see this psychological shift for these middle-aged folks and the question is, how do they focus on monetizing their life’s effort and their life’s work over the next 10 or 15 years?

May 28, 2019 | CIO Review - 100 Most Promising Tech Startups 2019

Chalice Network is dedicated to providing technology and services that support the success of our members and strategic partners" said Keith Gregg, Founder & CEO of Chalice Network. Read more on page 32 of the CIO Review's 100 Most Promising Tech Startups Issue.

May 23, 2019 | Advisors Need Advisors, Too RIAs need to understand the math: The more a practice is worth, the more the owner can sell it for upon retiring

RIA owners cannot be afraid to ask for outside help on how best to optimize the value of their businesses. Chalice Financial Network members have access to Succession Link to ensure they know the value of their business and Compass CFO to assist with getting their books in order.

May 15, 2019 | Riskalyze CEO Aaron Klein gives the thumbs-up or thumbs-down on the biggest news to hit advisor technology in the previous month.

This member-benefit organization for advisors has been on quite the road show since its launch in January. With pent-up demand for access to unbundled discounts, it’ll be great to see even more advisors get their hands on their affiliated third-party services.

April 12, 2019 | Forbes April Article

April 12, 2019 | Forbes Finance Council — Don't Fall For The 'Perfect Tech' Fallacy Somewhere along the line, trying to ferret out the nth degree of customization ceases to add value and becomes costly, both in terms of the time spent over-researching features and vendors and the dollars sunk on a tech solution with too many bells and whistles.

April 07, 2019 | FA Magazine — Chalice Partners With Orion to Offer Discounts To Users

“The addition of Orion’s solutions to our platform vastly enhances the ability of CFN members to automate their back-office needs and to drive efficiencies that can lead to growth in revenues and profits. Best of all, because CFN is an unbundled, a la carte platform, Orion is now available to our members regardless of their RIA or broker-dealer affiliation,” said Derek Bruton, Chalice’s president.

April 04, 2019 | Inside Information - Many Member Benefits

How do you pool the assets of many advisory firms for mutual benefit? Here’s a case study featuring Derek Bruton, President of Chalice Financial Network and their multitude of membership perks. Read More on page 15.

March 30, 2019 | Wealth Management — A Step-by-Step Guide to Finding the Proper Succession Planning Deal Partner

Whether you are looking to become a buyer or a seller, the key to achieving your goals through a succession planning deal is to find the proper partner on the other side of the transaction.

March 24, 2019 | FintekNews — 3 Questions With Tim Horton of Chalice Financial Network

“It is easier than ever to start a company thanks to many other services, and now with the new blockchain software that is being created, it is easier than ever to become a fintech entrepreneur,” said Tim.

March 21, 2019 | Investment News — How to Choose Good Tech, Rather than Costly and Complex Tech

Advisers are notorious for spending too much time stressing about this and falling into analysis paralysis. They let perfection get in the way of progress while pursuing infinite customization, which wastes an incredible amount of resources.

March 15, 2019 | Chalice Expands Discounted Services for Its Members

“Where I see the shift in the industry is, you see news about aggregators, and firms that are swallowed and bought all the time. It’s often firms where owners realize they’re not growing and don’t have the scale to compete,” said President Derek Bruton. “We are reducing opportunity costs for advisors. We’re finding solutions and packaging them together, so they don’t need to spend valuable time away from clients.”

March 14, 2019 | Chalice Financial Network members gain access to risk analysis opportunities from Riskalyze, compliance solutions from NRS and office locations courtesy of WeWork.

Advisors who pay Chalice’s monthly fee will receive discounted access to services from the three partner companies, said Derek Bruton, president of Chalice Financial Network. He noted that supplying advisors with a single provider to access services helps independent firms save on costs.

March 14, 2019 | Chalice Expands Members' Services to Include Riskalzye, NRS & WeWorks

“This host of new offerings is about building mutually beneficial relationships that create unprecedented value for independent advisors, and connecting them through our digital marketplace,” Derek Bruton, Chalice Financial Network president, said in a statement.

March 13, 2019 | WSJ — Wealth Adviser Briefing: Price-Gap Costs, Servicing Mortgages, Summer Camp Homes

San Diego-based Chalice Financial Network, which launched last month, says it has acquired Succession Link, an online matching service for mergers and acquisitions among independent advisers. Chalice also has partnered with Oak Street Funding, which makes loans to advisers looking to buy or sell practices.

March 13, 2019 | Barrons — Chalice Financial Network Bolsters Offerings

Chalice provides third-party services and technology on a subscription basis and is targeting smaller independent advisors — those with $50 million to $250 million in assets under management. The company says this cohort has trouble getting needed services at a discount unless they enter an “all or nothing” relationship with an independent broker-dealer or RIA aggregator.

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