Fidelity Investments Public Service Sector Services Company announced that it has introduced SLAMNet, the first electronic asset management, Internet-based product designed specifically for public sector clients. SLAMNet gets its name from Fidelity's acronym for its State and Local Asset Management program. Through a secured website, the company offers access to stock quotes and information from major news services and trade publications. It also gives users the ability to trade Fidelity's institutional money market funds online.
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Yes, AI is saving many advisors time and helping them reach prospects. But some say the rapid rate of adoption and automation could put them out of a job in the future.
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Brett Griffin was given two months' notice that he would lose his job when Charles Schwab closed the office where he was working in Temecula, California. Now the firm accuses him of using some of that time to help move client data to a rival RIA.
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Troy Von Haefen once shared a stage with Lee Ann Womack. Now he's built a financial advising firm around his Nashville connections.
December 12 -
Steve Lockshin and Michael Kitces tied what they view as some mistaken assumptions around fees to the competitive need for more estate planning services.
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Also, Independent Financial Partners secures a $700M team from Commonwealth/LPL, and NewEdge Capital names a new CEO.
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This year, 60 RIAs made the cut. See the firms that advisors say excel in culture, leadership and the benefits that matter most.
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