Thomas H. Lee Partners puts Hightower Advisors on the block at premium price after two-year revamp, Reuters reports

RIABiz
Dan Seivert: I think it is a bit too early. "I think it is a bit too early," says Dan Seivert, CEO of ECHELON Partners, an RIA M&A shop in Manhattan Beach, Calif. "I believe that will happen, but would be surprised if it were this soon." What has an air of unreality to Matt Crow, president of Mercer Capital of Memphis, Tenn., is the 20 times ...
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From toys to Teslas, China’s coronavirus disrupts flow of global business

Los Angeles Times on MSN.com
The apparel firm Under Armour Inc. said the outbreak would cause its sales to drop by $50 million to $60 million. Skechers USA Inc., the Manhattan Beach-based footwear maker, also reported “a significant number of temporary store closures” and said its comparable store sales in China — or those of stores open at least a year — were ...
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Penn National Gaming is Employer of Choice, According to 19th Annual Bristol Associates-Spectrum Gaming Group Casino Executive Satisfaction Survey

PR Newswire
HORSHAM, Pa. and MANHATTAN BEACH, Calif., Jan. 22, 2020 /PRNewswire/ -- Penn National Gaming has emerged as the employer of choice in the casino industry, according to results from the 19th annual Casino Gaming Executive Satisfaction Survey conducted by Bristol Associates Inc. and Spectrum Gaming Group. Based on the employer interests by a ...
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A Fresh Round of First-Timers Headlines RIA M&A in 2019

WealthManagement.com
Manhattan Beach, Calif.-based investment bank Echelon Partners, a leader in the industry, named Goldman's United Capital deal to its "Deals and Dealmakers of the Year" list for 2019 in its annual RIA M&A Deal Report, issued Wednesday. The firm commented that "the deal signifies a change in strategy for the bank and provides a platform of cross ...
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Peter Mallouk Adds a $400M "Leaf" to His Largely Organic $43B Tree, Creative Planning

WealthManagement.com
But is there that much organic growth in the market to be had? Dan Seivert, head of Manhattan Beach, Calif.’s Echelon Partners, which has consulted with the firm, says Creative Planning has a good chance of pulling it off. “If they were to double in 10 years, that’s 7.2% growth,” which is doable. “The first reason is, the industry ...
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Manhattan Beach Toyota unveils the 2020 Toyota GR Supra inside its showroom

Business Insider
MANHATTAN BEACH, Calif., Nov. 16, 2019 /PRNewswire-PRWeb/ -- Manhattan Beach Toyota is offering several 2020 Toyota models, including the new 2020 Toyota GR Supra. This vehicle is designed for thrill seekers and has technology to offer quicker acceleration and a comfortable ride. The GR Supra has several new features inside its cabin to help ...
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Beyond Meat: Time To Buy

Seeking Alpha
I choose to see this as Beyond Meat's niche - it is fully focused on plant-based food products, which means the company's entire 30,000-square feet Manhattan Beach Project Innovation Center is devoted to research in plant-based products. Mature competitors like Nestle may struggle juggling R&D in various product lines. Is a vegan more likely to ...
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