Henschen: Is it the right time to discover these 4 comics?
Longines is one of 18 watch companies owned by the Swatch Group, the world’s largest watchmaker. The characteristics of the watch beyond the time are called complications, and the watches in this Master Collection have a very high degree of complications. Functions include hours, minutes and seconds in a 24-hour indicator at 9 o’clock, date indicator by the central half-moon hand, moon phase display at 6 o’clock and data display and of the month at 12 noon. the clock.
With such a high degree of complications, one would expect the watch to be rather chunky, but this watch is surprisingly thin at 14.30 millimeters. Longines’ exclusive Swiss movement along with its high degree of complications/features make this watch the only watch in its price range to offer such a combination of high quality and complications due to the sheer scale of Longines’ manufacturing volume. .
Being the largest IBD with 20,000 advisors, the ability to offer more for less due to its scale is a no-brainer for LPL Financial. Having internal compensation only adds to its profitability advantages over other large companies that do not self-compensate.
Like the Longines Master Collection watch, LPL has many complications/offers in business models, technology and services. Whether you are an RIA, independent advisor, bank/credit union representative, or wiring agency advisor needing office space provided for you, LPL offers multiple options to meet many needs. When it comes to technology, LPL provides a core technology stack with a wide selection of add-on technologies a la carte at deep discounts.
The services are also outstanding, providing licensed and trained virtual assistants, an IT department that helps you outsource, as well as digital marketing services that generate an average 90% increase in traffic and an average annual increase of 45% in connections. to social media and e- mail open rates that are double the industry average. It also provides CFO solutions that help advisors develop best practices and accelerate growth.
Pricing is another area of value at LPL, one being billing and performance reporting on consulting services for as low as 3 basis points. It undermines a lot of competition. Like the Longines Master Collection watch, LPL’s scale and services offer a high degree of quality and value.