MICHELE STEINMETZ Director, Public Relations and Social Media, Brinker Capital 215-817-5610 msteinmetz@brinkercapital.com CHRIS TOFALLI …
But with an unusual amount of crosscurrents at play, things could swiftly change. “The future of Orion is incredibly bright, and we are grateful for the opportunity to continue serving financial advisors with our world-class capabilities.”“By combining the strong foundation we’ve built with TA, which knows and understands the intricacies of our business and our clients, with the ability to introduce Genstar’s fresh new perspective, we see a clear path to realizing our future vision to create a fluid and flexible model to attract new investors, connect goals more meaningfully to investment strategies and outcomes, and ultimately track progress toward their unique definition of financial success,” added Clarke.
If infections spread rapidly from the protests or political rallies -- or if a second wave of the pandemic threatens later this year -- and fear of the virus drives people to disengage from normal commerce once again, we could see another significant downturn. We have created a comprehensive inventory of in-house and commercial air purification systems for helping clients build a healthy living environment. Lost in that shock and awe was a critical bit of fundamental news: estimates showing coronavirus hospitalizations in New York began dropping sharply over just a few days -- "almost too good to be true," Governor Andrew Cuomo said.A forward-looking stock market should begin to recover when the economy is in bad shape and still worsening.Editor's Note: Lakshman Achuthan and Anirvan Banerji are co-founders of the Economic Cycle Research Institute (ECRI). Beaman will become the president of the combined in-house investment manager, as well as a member of Orion’s board of directors.In addition to their respected and tenured investment management capabilities, the decision to merge with Brinker Capital was based on both existing and potential opportunities to provide clients with access to differentiated solutions and expertise, including Brinker Capital’s:“We are thrilled to be a part of Orion’s continued momentum and look forward to partnering with management and Genstar on Orion’s merger with Brinker and the future strategic growth of the combined entity,” said Todd Crockett, a managing director at TA Associates who will also remain a member of the board.Raymond James & Associates, Inc. served as exclusive financial advisor to Orion on the Genstar and TA investment.
Brinker Capital, Inc., is a registered investment advisor.“We have extensive experience investing in wealth management and financial technology businesses that show patterns of success, and we believe both Brinker and Orion fit that bill,” said Tony Salewski, managing director of Genstar.
In light of this historical pattern, coupled with the sequential upturns in our leading indexes, it's logical that the S&P 500 would turn up when it did, in late March.