Finance

“There are a lot of inflationary forces in the market right now as we’re reopening,” says the bank’s head of wealth management.

“Some assets are cheap for a reason,” an expert says.

The bank and asset manager has filed for four exchange traded funds in recent weeks, and its strategy for distribution starts with RIAs.

It’s the 14th RIA acquisition for the Canadian asset manager since it entered the U.S. market last year.

After its industry-leading headcount dipped slightly during the temporary ban, the wealth manager plans to offer more resources for incoming recruits.

The RIA completed seven transactions in the first quarter, along with starting a new international venture in partnership with the billionaire Hinduja family.

The tax-focused wealth manager’s parent disclosed lower first-quarter earnings after an eventful period marked by a proxy fight and a reported acquisition offer.

As its advisor headcounts in the W-2 channel have stagnated, Raymond James Advisor Select added a major former UBS quartet.

Home to more than $3 trillion, outperformance among the leaders comes with some caveats.

The company has benefited from a market surge, new investors and an uptick in broker breakaways.

Here’s what managers at some of the largest firms have been discussing and say should be top of mind in the months ahead.

More growth is on the way: the No. 1 IBD has one more massive recruiting move and a $300M acquisition to complete.

The firm slimmed down its headcount slightly, even as it saw an uptick in advisor-related revenues from fees and asset management.

The company upped its recruiting package last year, a change that has been “very well received by prospective advisors,” according to the CEO.

Aside from their rock-bottom fees, those with the largest gains have at least one commonality: asset allocation.

The firm’s recruiting is also gaining steam, despite the ongoing impact to its bottom line from low interest rates.

An equity investment plan can help clients get over timing decisions, writes Don Bennyhoff.

The Swiss bank added a sprinkle of new US advisors for the first time in years, amid record quarterly profits and plans for global job cuts.

The actively managed offering will be available as soon as this summer, according to sources familiar with the plans.

Bailard appointed Sonya Thadhani Mughal under a succession plan and a series of moves unveiled by the wealth and fund company.