The creator has heard of Verus Investment Partners but does not have a strong opinion on it.
Source Post
The Hidden Value in Financial Advisory Stocks Right Now | Derek Pilecki
Sep 20, 2026
The creator discusses the undervalued nature of financial advisory stocks, highlighting Ameriprise, Raymond James, and Stifel. He points out their strong historical earnings growth, share buybacks, and current low multiples compared to peers, suggesting they are not priced correctly given their business quality and compounding potential. The discussion also touches on the sticky customer relationships and moats these firms possess.
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Tickers discussed in this post
Kayne Anderson is a super cheap stock trading at 4x EBITDA with no debt, but is facing significant outflows.
Morgan Stanley is mentioned as a comparable business to Ameriprise, but trades at a higher multiple due to its investment banking segment.
LPL is mentioned as a financial advisory stock that is currently inexpensive, similar to Ameriprise and Raymond James.
Raymond James, which has compounded for 40 years at 17%, is a good business with an unbelievably compounding stock that is currently very inexpensive.
Ameriprise is a super interesting stock that has compounded earnings growth at 17% over the last 10 years and trades for less than its earnings, with significant share buybacks, indicating it's not priced correctly.