More about InVest: As new digital tools transform wealth management, the industry’s largest players are rushing to adapt to ever-increasing customer expectations, while smaller firms strive to keep pace. Behind the scenes, many are investing more on technology and hiring to drive growth, but margins remain under pressure. In|Vest West is exploring all the dynamics at play — from front to back office — and the technologies that are shaping the future of the firm.
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The BNY Mellon subsidiary and another of the megabank’s units are collaborating on a new retirement tool for six million plan participants.
July 19
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New research shows that higher-priced strategies can come with lower returns and greater risk — an urgent reason for advisors and investors to monitor the space.
July 19
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In the latest sign of big wealth managers displaying some flexibility, Marty Bicknell’s team unveiled another collaboration with a firm often considered a rival.
July 19
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Shea Keats is CEO of
Breakaway Bookkeeping + Advising , a virtual network of bookkeepers and advisors. She has more than 15 years of business strategy. Before starting her own small business consultancy, she worked as the director of brands at Kinder Modern, a furniture and design firm in New York City.July 19
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The strategy is widely promoted, but it can leave some investors worse off.
July 19
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The company’s second-quarter earnings showed a drop in advisors and client assets even as increases in interest rates and loan balances drove profits higher.
July 18
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In a quarter filled with economic and geopolitical uncertainty, the New York investment firm’s digital consumer bank achieved record-high revenues. Executives have said they plan to drive up revenues in that segment to $4 billion by 2024.
July 18
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The number of advisors in the bank’s wealth management business hasn’t grown since 2020. But that didn’t stop the firm from banking a few new records.
July 18
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Robyn Michaelson is an associate in Blank Rome’s policyholder-only insurance recovery practice in the firm’s New York office.
July 18
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Kyle Brinkman is a partner in Blank Rome’s policyholder-only insurance recovery practice in the firm’s Washington, D.C. office.
July 18
