Portfolio

The XY Planning Network of fee-only advisors and investment advisor Michael Kitces say consumers are being deceived when brokers use labels like “wealth manager” and “financial advisor.”

History suggests that assets associated with economic and social change are ripe for eventual price corrections, the report says.

The Canadian asset manager’s stateside AUM will pass $80 billion after its latest deal for a Silicon Valley-based firm.

Here's what you missed this week in wealth management.

New products constructed on more stringent ESG criteria than the so-called greenwashers often can’t be accessed through large wealth managers.

The firm cited investor appetite for virtual currencies, the growth of Bitcoin holders and the existence of similar funds abroad as reasons to approve the product.

Plan participants gave firms low marks in fundamental areas, though some performed better than others.

Two of the most generous tax loopholes are on the chopping block, the latest surprise in emerging tax increases.

An unusual recommendation by the wirehouse’s First Clearing unit drove the big succession deal for XML Financial Group.

The pandemic is changing the game for performance management. It's time to evolve the financial services model.