Practice

Imperatives include modernizing tech to gain and retain clients and provide them with “personalized journeys,” according to a new survey.

The proposed law would ban all IRAs, regardless of size or owner’s income, from holding unconventional assets like stakes in private companies, real estate and startups.

The move can help firms reach smaller investors and offer greater portfolio customization, the custodian says, joining peers in offering the share slices.

The RIA consolidator poached the founding advisor’s practice only about a year after the enterprise closed its BD in its prior move.

After topping $1 billion in client assets, Crewe Advisors completed the first step in its growth strategy.

While COVID damaged the economy, it also created a widening pool of super wealthy investors.

Whether it’s picking a securities attorney or finding a partner that can provide the service and support you need to transition, due diligence is key.

The distinction between the two concepts lies in advocacy and leadership, said executives from Morgan Stanley, J.P. Morgan, Citi and Stifel.

The practice led by two brothers is the 10th to join Dynasty’s platform in 2021, as more wirehouse teams go independent.

Purpose-built software promises flexibility and independence but can come with hidden issues and costs, Jed Maczuba argues.