Alibaba Plans Revenue-Sharing Model for Qwen3.8-Max AI Commercial Users 
Deutsche Bank Upgrades Persimmon to Buy After Strong First-Half Results 
Airbnb Stock Jumps After Q2 Earnings Beat, Strong 2026 Outlook 
SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns 
Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors 
Qantas Shares Climb as Long-Haul Pilot Deal Eases Strike Concerns 
DeepSeek to Raise AI API Prices as Demand for New Models Surges 
Berkshire Hathaway Cash Falls as Abel Boosts Stock Buybacks 
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises 
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised 
Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop 
Natura Q2 Profit Plunges 92% as Financial Expenses Weigh on Earnings 
SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook 
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback 
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
AUSTIN, TEXAS, Feb. 20, 2018 -- Lion Street released its 2017 Annual Report during the annual Institute meeting. The report described the company’s best year since inception in 2010. At the close of 2017, the company had added 30 Firms for a total of 160 Owner Firms in 35 states.
“Lion Street’s original vision is closing in on reality,” said Bob Carter, founder and CEO. “We have quality Firms in nearly all major markets and continue to expand our national footprint. Our ‘Firm behind the Firm’ in Austin has 60+ full-time employees dedicated to helping Lion Street Owners grow and prosper.”
Growth Results Fueled by Three Main Areas
The accomplishments highlighted in the 2017 Annual Report were measured on three key financial metrics: premium, revenue and net income. Life insurance, Lion Street’s core business, grew 30% in premium growth and placed more than 200 cases of over $100K premium. A large case consultation team was built to support these cases, several providing more than $100 million in death benefit. Lion Street Financial (LSF), now has almost 100 registered representatives. Additionally, LSF celebrated its second consecutive year of being awarded Broker Dealer of the Year by Investment Advisor magazine. Lastly, Lion Street expanded its Corporate and Business Solutions unit to prepare for future growth in this space.
Institute Features Distinguished Keynote Speakers
Institute is an annual meeting hosted by Lion Street in Austin, Texas, for Owner Firms to share ideas and best practices. Executive management of major insurance carriers participated in discussions of solutions and legislative developments impacting planning needs for high net worth and corporate clients.
The meeting featured several keynote speakers including Dr. Arthur Laffer, the distinguished American economist, Lewis Schiff, Executive Director of Birthing of Giants; Dr. Bob Pokorski of Prudential; and Michael Maslansky of maslansky + partners on the Language of Trust in Life Insurance.
About Lion Street
Lion Street is a leading financial services company based in Austin, Texas. Lion Street provides elite independent life insurance advisors access to the financial products, intellectual capital, and specialized resources they need to meet the sophisticated needs of high-net-worth and corporate clients. Every affiliated financial advisor is a stockholder of Lion Street. Together, Lion Street’s Owner-Firms are strongly committed to building a fiercely independent, yet highly collaborative network of professionals.
To learn more about Lion Street, please visit www.lionstreet.com or connect on LinkedIn.
###
Karyn Hamilton, VP, Marketing Lion Street 512.776.8466 [email protected]
