investment advisor loans reach 500 million

Live Oak Bank’s Investment Advisory Lending division has reached a new milestone: $500 million in loans extended to independent investment advisors. With these loans, advisors nationwide have been empowered to initiate, expand and transition their businesses.

Live Oak made its first investment advisor loan in 2013. Since then, increased access to capital has transformed the independent advice industry, enabling a move toward more sustainable firms.

Advisors have taken advantage of the Bank’s lending programs to acquire other firms, purchase books of business, finance succession plans, tuck-in advisors to their platforms, gain access to working capital and buy their corporate real estate.

Click here to read the full press release.

  • Access to financing is critical for future-ready wealth management firms that are looking to grow strategically," said David E. Canter, head of the RIA segment for Fidelity Clearing & Custody Solutions. "Live Oak was a pioneer in identifying the need for a custom-built lending solution for independent advisors and has become part of an ecosystem that is helping to drive the growth of the profession."
  • Advisors no longer have to reach into their own pockets to finance an acquisition, expansion, or to lend to a junior partner who wants to buy into the firm," said Jason Carroll, Live Oak’s Managing Director of Investment Advisor Financing.
  • Live Oak Bank’s fundamental goal is to enable small business owners to achieve the American Dream. We are proud to have been doing this in the investment advisor space since 2013. To cross over $500 million lent to advisors in just over four years shows the immense need for access to capital, as well as the relentless efforts of our investment advisory lending team to offer support within this industry. We look forward to continuing to help independent investment advisors achieve the American Dream by providing them with the capital that they need to achieve their goals," says Chip Mahan, Founder & CEO of Live Oak Bank.

Taking care of [your] business - the road to $500 Million

  • In October, the Investment Advisory Lending Team was established at Live Oak Bank
  • Live Oak Bank’s first loan to an investment advisor in February
  • Voted "Best Bank to Work For" by American Banker
  • Founder and Chairman Chip Mahan voted one of the 10 most influential personalities in financial services by FutureBanker Magazine
  • Hit $50MM in loans to independent investment advisors
  • Voted "Best Bank to Work For" by American Banker
  • Voted "Best Small Business to Work For in the State of North Carolina" by Business North Carolina Magazine
  • nCino, Live Oak's technology company, named to the Forbes "100 Most Promising Companies" list
  • Jason Carroll/Live Oak Bank wins "Industry Disruptor" in the Wealth Management Industry Awards from WealthManagement.com
  • Hit $100MM in loans to independent investment advisors
  • In July, Live Oak Bank became a publicly traded company
  • Jason Carroll voted "Top 10 People to Watch in Financial Services Industry" by Rep. Magazine
  • Jason Carroll selected as a ThinkAdvisor IA 25 honoree – one of the 25 most influential people in the Investment Advisory industry (Investment Advisor Magazine/ThinkAdvisor.com)
  • Jason Carroll - Nomination & recognition by WealthManagement.com as an industry innovator in their Wealth Management Madness competition
  • Live Oak Bank - Winner in 2016 Wealth Management Industry Awards in category of Investment Banks/Lenders/Succession Planning
  • Jason Carroll - Irish America Wall Street 50 honoree
  • Cover of Investment Advisor Magazine
  • Launched Advisor to Owner, our staged succession financing solution for Investment Advisors
  • Hit $250 MM in loans to independent investment advisors
  • Launched our Capital Solutions workshop series for platforms looking to educate their advisors
  • Launched Knowledge Bank to equip advisors with online resources as they consider financing to grow their businesses
  • Hit $500MM in loans to independent investment advisors

You are more than a broker on the hunt for the next transaction. And so are we.

When you talk to your clients, you have their long-term interests at heart. That’s how you won their trust and loyalty, and built a successful practice. At Live Oak Bank, we take the same approach. We aim to support your firm’s long-term success, long beyond your first loan.

Live Oak is not your traditional bank. Our mission is to create an unprecedented banking experience for small business owners like you. Our Investment Advisor team works only with independent financial advisors, all day, every day, so we are laser-focused on your industry. And because our founders are innovators in both finance and technology, we bring efficiency and excellence to the lending process.

At Live Oak, we put our own capital at risk. We decide whether we believe in you, and once we’re in, we don’t walk away. We are not "shopping" you to a list of institutions.

We believe that your business is your life, and it’s worth our best efforts as well as yours. Our officers are available to advise you long before you decide you’re ready to borrow. If you want to do research, please visit our Knowledge Bank, where you can find videos, worksheets and reports that will help you chart your company’s path forward.

Call us. We’re happy to talk.

Our Investment Advisory Team
understands your business.

Meet the Team