Lion Street 2019 Annual Report FINAL - Page 17

Lion Street Lands $1.3 Billion RIA with Csenge
Csenge Advisory Group (CAG), a wealth management
firm, has joined Lion Street and its Broker-Dealer,
Lion Street Financial. For the past 20 years, CAG had
affiliated with FSC Securities Corporation. CAG founder
and Managing Partner John Csenge served on the
advisory board for FSC, and CAG was their top producer
in 2017. Over each of the past two years, CAG has had
exponential growth of 40% year-over-year. In search of
a new opportunity, CAG executives investigated over
a dozen leading Broker-Dealers, finally selecting Lion
Street Financial. February 2019
Lion Street Returns Equity to Advisors
On May 22, 2019, Lion Street announced it had
completed a recapitalization of the Company. This
transaction returned equity to firms and producers,
as well as to the private equity firm. This process
demonstrates the evolution of Lion Street as a major
distributor of life insurance and wealth management
products. It also validated the core belief that the
Company’s advisors should be first in line for the
value created. May 2019
Lion Street Hosts Trusted Advisors Conference
The annual Trusted Advisors Conference held in
Las Vegas once again brought together Lion Street
Owners and their invited Guest Advisors — CPAs,
attorneys, trust officers and wealth managers. The
program provides a platform for Owners and Advisors
to interact with and learn from industry experts
on advanced planning strategies. This conference
is part of Lion Street’s larger Trusted Advisors
Program to provide Owners with resources to
connect with Advisors. June 2019
Lion Street Featured in Leimberg’s Estate Planning Newsletter
Michael Fontanini, VP, Advanced Sales and Design at Lion
Street, and Jay Judas, CEO of Life Insurance Strategies
Group, were featured in Steve Leimberg’s Estate
Planning Newsletter. Their commentary “Out of the
Estate but Not Out of Reach,” examined three flexible
trust-funding strategies providing indirect future access.
November 2019
Lion Street Featured in InsuranceNewsNet
Lion Street was featured in InsuranceNewsNet’s Movers
& Shakers special feature section in the December 2019
issue. The article focused on how Lion Street is driving
change in the financial services industry through the
Company’s focus on innovation, culture of collaboration
and technology solutions that support independent
advisors. December 2019


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