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.
-
David DeVoe, founder and CEO of DeVoe and Company, says Mariner's acquisition of Allegiant is likely the beginning of its next phase of momentum with RIA transactions, following the investment of its new PE partner earlier this year.
July 13
-
The head of Ark Investment Management will assist fintech platform Tifin as the company’s subsidiary Magnifi introduces commission-free brokerage services.
July 13
-
Trusts aren’t just for the .01%, as some advisors sell mass affluent and high-net-worth clients on their tax benefits.
July 13
-
Citigroup will let retail customers bet on stocks without paying fees as the bank tries to expand its wealth business in the face of fierce competition from Silicon Valley ventures, discount brokerages and big-banking peers.
July 13
-
Strategic buyers and consolidators like Captrust are driving a record pace in overall transactions and those involving sellers with at least $1 billion in AUM.
July 12
-
Michele Dillon, a 30-year veteran of wealth management, started in April
July 12
-
JPMorgan, BlackRock and Morgan Stanley say the bond-market gains that have sent yields into a sudden tailspin are nothing to worry about.
July 12
-
-
As demand for cryptocurrency services from institutional investors surges, the asset manager will add about 100 workers to help the business develop new products and expand into additional cryptocurrencies.
July 12
-
Scott Kropf is a principal in the Wealth practice at Buck, an integrated HR and benefits consulting, technology, and administration services firm.
July 12
