Industry

Ex-CFP Board Chief Alan Goldfarb Leaves Weaver, Opens New Planning Firm

Envestnet-Tamarac, a Chicago-based provider of integrated web-based portfolio and client management software for independent advisors, has entered into a strategic alliance with Salentica Inc., a provider of client relationship management and client reporting technology solutions for wealth managers

The San Diego-based firm plans to open three new offices in “key” California markets over the next 12 to 18 months.

Industry veteran Stephen Mullins will be responsible for overseeing the strategic direction of the firm and the portfolio management team.

Belinda Sherman has been promoted to president of The Huntington Investment Company, reporting to Steven Short, director of Huntington Wealth Advisors.

It has named two industry veterans to key positions within Ascent Private Capital Management, the bank’s wealth advisory business for ultra-high-net-worth clients.

The old-school model of hiring an investment consultant to dispense advice to sponsors of pension funds and endowments about prospective investment managers is passing away.

With over 1,000 broker-dealers to choose from, how does an advisor navigate the choices, know where to go, and know where to be looking in the first place?

Belinda Sherman has been promoted to president of The Huntington Investment Company, reporting to Steven Short, director of Huntington Wealth Advisors.

For employees at the biggest Wall Street banks, 2012 brought a humbling post-crisis reality of job cuts, lower pay and tarnished reputations. For investors, it was a happier story.