Barrett Associates of New York has introduced the Barrett Growth Fund, a no-load, long-term capital appreciation fund designed to benefit from long-term capital gains tax rates and low overhead.
"The fund takes a conservative approach to growth stock investing," says Robert Harvey, president of Barrett, which currently manages $1.5 billion. The fund will target stocks of established, high-quality companies with reasonable prices and strong earnings growth potential, Harvey says.
Three advisory teams managing $10 billion in the San Francisco area are among an ongoing wave of departures from the biggest U.S. bank.
Experts say that busy entrepreneurs often miss incentives and advantages available to them. Financial advisors and tax professionals can give them a nudge.
The CEO of the RIA "roll-up" outfit thinks that ongoing industry consolidation doesn't necessarily mean all firms will start to look the same.
As ESG investments face political backlash, here's how financial advisors are talking to clients about impact investing.
An industry recruiter said the Bank of America subsidiary has become almost "unhinged" with the amount of money it's willing to offer advisors it's recruiting.
After a decade-long effort by holders of the personal financial specialist credential, aspiring candidates can be tested on investments, retirement plans and other areas.
