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 amount of financial advisors changing firms doesn’t capture the breadth of the challenge broker-dealers face to retain them, recruiter Jodie Papike says in an episode of Financial Planning’s podcast.
March 24
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To hear some regulators tell it, “commission” is code for churning — but the fee-based vogue gives rise to reverse charges, writes Mark Elzweig.
March 24
Mark Elzweig Co. -
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Job listings for roles that don’t need to be filled immediately will be pulled.
March 24
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Stipulated agreements by BDs and advisors looking to fast-track the arbitration process are becoming increasingly common.
March 24
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After becoming unmoored in recent weeks as bond market liquidity dried up, funds that stand to benefit from the central bank’s buying are now rallying.
March 24
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If they plan to use them for current spending, “then the timing of the distribution would not matter for tax purposes,” an expert writes.
March 24
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Eligible full-time employees will get $600 before taxes while part-timers receive $300.
March 24
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Wealth management firms will retain employees when they offer flexibility, not just one-off perks.
March 24
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Melissa Diaz has worked on a wide range of accounting and audit services across the southwest and internationally, with a specialty in the healthcare industry. She is a shareholder, and financial and GAAP accounting badass at High Rock Accounting, where she assists clients with GAAP compliance, financial modeling, financial reporting, and general financial accounting inquiries. She is currently the loving mother to two step-children and three dogs. If you’re in search of a good conversation topic, she could go on for hours about dogs in general (but particularly hers). Also sloths. Her passion for each is only rivaled by her love of travel.
March 23
