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 unit was awarded a bonus pool that’s 5%-10% larger than last year, reflecting increased profits and assets, people familiar with the matter say.
February 6
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Just 15% have incorporated ESG in their strategies, according to a report.
February 6
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“It’s like nuclear fallout. The bomb didn’t drop on you but you were within five miles of it," said Alan Johnson, managing director of compensation consultant Johnson Associates.
February 6
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Clients can void overspending by seeking out sales and discounts to lower their food and entertainment costs.
February 5
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Advisors can use the information to build custom, values-based portfolios for their clients.
February 5
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The settlement would apply to advisors who participated in the firm’s deferred-compensation plan from February 2011 through January 2020.
February 5
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Compensation is critical — and keeps climbing — as 76% of RIAs say they plan to poach advisors from other firms.
February 5
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They’re more expensive than their passive peers. But did they beat their benchmarks?
February 5
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Faced with the retention risk from the RIA-only channel, firms are trying to alter their company cultures and questioning traditional approaches.
February 5
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