Dick Pfister | Source | CEO at AlphaCore Wealth Advisory
Dick Pfister
Dick is the Chief Executive Officer at AlphaCore Wealth Advisory. He has over 25 years of experience in the wealth advisory and financial services with an emphasis on diversifying traditional portfolios with alternative strategies. In 2015, he founded AlphaCore, which has become a leading wealth advisory firm. Dick serves as AlphaCore’s CEO and managing member of the Investment Committee. Throughout his career he has successfully navigated changing market conditions on behalf of hundreds of entrepreneurs and investment professionals.
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AlphaCore Wealth to buy up to 5 advisers annually, CEO says
AlphaCore Wealth Advisory could acquire as many as five firms in the coming years that align with its emphasis on alternative investment diversification, said founder and CEO Dick Pfister.
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RIAs target alts acquisitions amid rising client demand
Rising demand from clients for access to private investments is causing ripples in the deal market.
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Because rates go up, mortgages and cars become harder to afford. The benefit will be — if they can do this without causing a recession — it should bring inflationary prices down. It's really a very thin needle to thread for the Federal Reserve. We have had this easy money mentality for such a long time, it'll be hard to wean the economy off that mentality. If [savings account rates] goes up to 1% and inflation stays close to 8%, you are still negative 7% in a real yield sense. Unless the rate hikes tame inflation, you still still be upside down.
