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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Of the 330,000 new accounts opened this year, about a third were for clients 35 or younger.
August 14
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The aggregator thinks it’s found a sweet spot sharing revenues with firms it acquires, says CEO Bob Oros.
August 14
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Susanna Tisa is a corporate board member, risk management professional and former banker.
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Agnes Bundy Scanlan is president of the Cambridge Group LLC, a regulatory risk management advisory firm, and former Northeast director of the Consumer Financial Protection Bureau.
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Lyn Farrell advises fintechs and is a consumer compliance attorney and consultant.
August 14
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The advisors staff the regional BD’s 17th office in Michigan, where it has been on a recruiting streak.
August 14
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We need to let go of the idea that everyone should own and trade stocks. Some people are emotionally unfit to do so.
August 14
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With employees working remotely, firms may need to adapt their procedures to deal with heightened fraud risks outside of company systems.
August 14
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High unemployment, rising virus cases and the upcoming presidential election are causing clients to change their strategies, advisors say.
August 14
