“The strategy was really tied to choosing the right partners who we knew had a greater likelihood of integrating well together,” says Amit Sahasrabudhe, COO of the firm’s U.S. wealth management business.
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Chairman and CEOiCapital NetworkSeptember 25
vice president of international researchMomentum AdvisorsSeptember 22
It’s a big decision, and getting it right the first time around can avoid a lot of headaches, experts say.September 25
The company's new agreement with Envestnet Yodlee to share customers' account data over secure pipes is its 17th pact with aggregators and other fintech firms.September 25
More than 40% of Black and Hispanic adults say they have used money from a savings or retirement account to pay their bills since the outbreak began, a survey finds.September 25
A majority of wealth managers worry about non-business concerns such as the national debt, immigration, civil unrest and media bias, according to a new survey.September 25
Based on the “forced experiment” of its remote periodic examinations of broker-dealers, the onsite portion “may not be necessary,” Robert Cook said.September 24
Expenses fell by 20 basis points and risk-adjusted returns climbed 92 bps, according to the study.September 24
Data, Research & Multimedia
“Expense ratios matter to most people, particularly when you're looking at these mostly passive funds,” an expert says.
Some of the biggest laggards have managed short-term gains of more than 40%.
The latest roundup of news in the IBD and RIA channels comes in a time of economic turmoil and big transactions.
Here’s what leaders around the world say must be done.