Bernadette Berdychowski

The app allows wealthy investors to get quick answers to complex questions, CEO Eric Poirier says.

Sanctuary Wealth firms now have over $10 billion in client assets.

Among other changes, the bank lowered its minimum investment.

The recruits include a 37-year industry veteran who co-managed $240 million in client assets.

Two teams with $344 million in total AUM are tasked with expanding the firm’s presence in Mexico and South America.

The firm said this is the first of several new teams it plans to add this summer.

The barriers for firms to enter into multiple financial services has dropped significantly and digital advisory firms are taking advantage.

The new open architecture platform will minimize the “swivel chair experience” for advisors.

The regional BD opened its third new location in Texas this year.

Firms that generate 75.5% profit margins are hiring, buying and automating, according to FA Insight.