Industry

Tech innovators from Morningstar, CogniCor and others share their experiences using AI and advice on how to get optimal returns as advisors experiment with different types of AI tools.

Terri Kallsen of Rise Growth Partners is currently a member of the CFP Board's board of directors and chair of the finance and investment committee.

The new women-led RIA will focus on serving law firm partners, executives, entrepreneurs and high net worth individuals and families across the country.

The private equity-backed deal keeps M&A humming along at a "healthy and stable" pace that's unlikely to pick up until rates fall.

Client discussions about legacy planning, taxes and financial objectives inevitably raise questions that, often enough, only insurance can address.

The company celebrated its 25th anniversary as a public company with net earnings of $700 million in its wealth unit. The profits were an improvement from its losses last year.

The megabank saw a 15% increase in assets under management in its wealth management division in the second quarter.

Rising expenses from increasing asset values in client accounts also put a dent in the unit's bottom line in the second quarter.

Wealthtech platform Envestnet has agreed to be acquired by private equity firm Bain Capital in a $4.5 billion deal that includes heavyweight investors like BlackRock, Fidelity Investments, Franklin Templeton and State Street Global Advisors.

Neil McLaughlin, who'taking over RBC's wealth unit after running its personal and commercial banking divisions, is seen as a likely CEO successor.