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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Five financial advisors left Lakeland Bank and Raymond James for Affinity Federal Credit Union prior to the $1.3 billion acquisition of their prior institution.
May 11
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The $1 billion cash injection gives the business an enterprise value of about $5.3 billion.
May 11
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Securities and Exchange Commission's probe is looking the popular brokerage's compliance with recordkeeping rule.
May 11
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Direct indexing can mitigate risk and address a client's needs, no matter where they fall on the environmental, social and governance enthusiasm spectrum.
May 11
Savvy Wealth -
RIA DayMark Wealth Partners, less than a year after leaving Wells, has recruited another big team of ex-Wells advisors.
May 10
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With bond prices plunging at the same time as stocks, can government securities still act as a hedge?
May 10
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A bill before Congress would let planners with certain securities licenses place clients' money in private markets regardless of their income or net worth.
May 10
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Srinivas Nippani, Ph.D., is professor of finance and regents professor at East Texas A&M-Commerce.
May 10
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Jenny Souza, Jen Abboud-Smith and Liz Nesvold respectively took over newly created roles and the CEO post at a major investor in the industry.
May 10
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James McAndrews is an economic consultant. He was the director of research at the Federal Reserve Bank of New York between 2010 and 2016.
May 10
