The four questions to ask before choosing a financial advisor, according to Lido Advisors’ Greg Kushner

As the senior managing director of a financial advisory firm, Lido Advisors’ Greg Kushner knows there’s no such thing as free financial advice. Smart investors ask questions, especially about how their advisor makes money. The Council of Economic Advisers under President Obama estimated Americans lose a whopping $17 billion a year as a result of overpaying on investment products that they buy based on conflicted advice.

Kushner says there are four questions to ask before choosing a financial advisor.

Read the full article: Four Of The Most Important Questions To Ask Before Choosing A Financial Advisor (Forbes)

September 24th, 2018|Categories: Client News|Tags: , , , , |

CURE Pharmaceutical joins forces with Canopy Growth in exclusive partnership

CURE Pharmaceutical has signed a deal with Canopy Growth Corp (TSX:WEED, NYSE:CGC), where Canopy will have an exclusive license to CURE’s patented, multi-layer oral thin film technology for use with cannabis extracts and biosynthetic cannabinoids.

Jessica Rousset, COO for CURE Pharmaceutical, says the licence agreement allows CURE to accelerate and expand the impact of its technology by joining forces with Canopy, which has broad market access and resources to bring a product to market.

See coverage below:

CURE Pharmaceutical joins forces with Canopy Growth in exclusive partnership (Proactive Investors)
CURE Pharmaceutical Expands Distribution of  CUREfilm Technology With First Licensing Agreement (Drug Development and Delivery)
Canopy Growth Corp. Scores Huge Pharma Deal (Motley Fool)

September 12th, 2018|Categories: Client News|Tags: , , , , , |

Blackstone signs agreement to invest in TaskUs

Private Equity funds managed by Blackstone (NYSE: BX) have entered into a definitive agreement to invest in TaskUs, a leading customer service and business process outsourcing services provider for high-growth technology companies. The investment, before funding, values TaskUs at more than $500 million.

Founded in 2008 by Bryce Maddock and Jaspar Weir, TaskUs is one of the fastest-growing companies in its industry globally. Its business process solutions, which leverage the latest technology, including AI, advanced Learning Management Systems and big data, help companies quickly scale. TaskUs will continue to be led by Maddock, Weir, and the existing management team, who have been instrumental in driving the company’s growth.

Bryce Maddock, TaskUs co-founder and CEO, commented, “We chose to partner with Blackstone because they have a track record of building category-defining businesses. Our goal is to build TaskUs into the world’s number one provider of tech-enabled business services.”

Read full coverage:

Blackstone to invest in Santa Monica outsourcing firm (Los Angeles Times)
Blackstone Invests in Outsourcing Services Provider TaskUs (The Wall Street Journal)
Blackstone Buys $250 Million Stake in Outsourcing Startup TaskUs (Bloomberg)
AI training and social network content moderation services bring TaskUs a $250 million windfall (TechCrunch)

August 9th, 2018|Categories: Client News|Tags: , , , , , |

Veggie Grill raises $20M in private equity funding


Veggie Grill, a Santa-Monica based chain of vegan restaurants, has raised $20 million in common-stock funding from both current shareholders and new investors, the Los Angeles Times reported. A large portion of this investment was contributed by Brentwood Associates, making the private equity firm the biggest single shareholder. According to Dow Jones, Bill Barnum and Rahul Aggarwal of Brentwood Associates will join Veggie Grill’s board of directors. “The concept is very well positioned in the industry and has a lot of runway ahead of it,” Aggarwal said.

The media attention surrounding the investment in Veggie Grill illustrates that the American diet is changing, and consumers are demanding tasty vegan options. “[Veggie Grill] is one of the most popular new arrivals on the Northwest food scene,” said the Portland Business Journal.

According to PR Newswire, Chief Energizing Officer Greg Dollarhyde said, “The interest we received from our investors was quite substantial and exciting. This additional capital base will support our aggressive growth plans to meet the increasing consumer demand for delicious, vegetarian food.”

The franchise is growing quickly. And as reported by, Veggie Grill has doubled its locations in the past year and increased its revenue  by over 100 percent.  Yahoo! News reported “[This] is the fourth round of equity funding for the vegetarian restaurant chain, whose menu includes dishes such as the ‘All Hail Kale’ salad.”  The news even circulated to Fortune, proving the mass appeal of Veggie Grill and the excitement surrounding their expanding brand and franchise.

New locations are expected to open in Los Angeles, Orange County, San Diego, and Seattle, during the first half of this year, as reported by Restaurant News.