Finance

Part of the risk in any pivot to private equity is whether it would be essentially pawning what has been until recently a diamond of a business model.

The aggregator buys two RIAs with a combined AUM of over $800 million.

Advisors need to be willing to take a financial hit for clients

Dan Arnold received $7.1 million in 2018, far below the longer-tenured chiefs of rival firms Ameriprise and Raymond James.

The firm plans a 0.2% to 0.5% allocation to the products in its global and international fixed-income index portfolios.

Financial advisors are seeking technology tools that help them deliver deeper insights and better advice. Results of Financial Planning’s survey shows them where to look.

Asset managers have felt the pressure as volatility roils global markets and investors continue to demand low-fee funds that require far fewer workers.

The New York-based firm has secured over $62 million in equity funding since its founding in 2014.

“Just like equities, last year was a volatile year and the fourth quarter of 2018 did a number on the returns of risk assets,” an expert says.

In the last five years, the universe of sustainable funds has increased almost 70% to $760 billion in European and U.S. mutual funds and ETFs.