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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Colin McNamara is an editorial intern at American Banker via the Dow Jones News Fund. He recently graduated with a bachelor's degree in journalism and minor in general business from the University of Maryland, where he covered politics at Capital News Service and college sports as the managing editor of Testudo Times. He interned or freelanced for a variety of other publications, including The Baltimore Sun.
June 10
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Jarrod Barry is a summer reporting associate at National Mortgage News through the Dow Jones News Fund. He is currently studying at the Craig Newmark Graduate School of Journalism at CUNY.
June 10 -
State regulators accused LPL Financial, Edward Jones, Stifel, RBC and TD Ameritrade of charging their clients unreasonably high and unfair commissions on 1.12 million equity trades over a five-year period.
June 10
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Alex Walters is an intern at The Bond Buyer via the Dow Jones News Fund. He is a rising senior at Michigan State University, where he writes for the student newspaper, The State News. Last summer, he interned at The Chronicle of Higher Education. His work has appeared in outlets including the Detroit Free Press and Bridge Michigan.
June 10 -
Industry experts say there's theoretically no reason why firms can't keep getting bigger through recruiting deals. But a lack of good M&A prospects could make growth harder for LPL and other independent broker-dealers.
June 10
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Urvashi Patel , Ph.D., is the vice president of data and analytics at the Evernorth Research Institute. In her role, she is responsible for Evernorth product and market analytics, data science, and research. Her career has focused on the evaluation of clinical programs and services, including condition management, complex case management, quality improvement, and provider performance programs. As a health services researcher, she has led studies using a broad set of methodological techniques to evaluate the impact of programs for disease states such as diabetes, heart failure, end-stage renal disease, asthma, chronic obstructive pulmonary disease, and behavioral health.June 9
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Laura Sullivan stands accused of accessing confidential customer data and violating a nonsolicitation agreement by bringing along at least 15 client households.
June 9
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A softening stance from the Trump administration could lead to a rise in the availability of cryptocurrency investments in 401(k)s. While some plan sponsors are considering crypto, they emphasize that investor demand will play a significant role in their decisions.
June 9
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With concerns about compliance and client connections, some financial advisors find that double-checking AI can negate the time savings they're hoping for.
June 9
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Wealth.com has built a client roster of more than 1,000 wealth management firms and several big-name backers. Now it's launching a yearly industry event.
June 9
