But Greggory Warren, a Morningstar analyst, told The Journal News that the relatives serving on the board might give Gabelli too much sway. This is not necessarily the kind of thing we like to see, Warren said. Youd like to have independent board members and people who are knowledgeable about the industry the company compete in, so that they can add their voice to the conversation.
Firms are using AI more than ever, but few have adopted clear policies outlining human oversight or how third-party vendors should handle cybersecurity.
As wealth tax proposals pop up around the country, advisors guide clients through assessing how these factors change the equation of financial planning.
Press an "easy button" for an internal succession or go the harder, often more lucrative route of leaving an employee brokerage to sell an independent practice? A new report from one recruiting firm shows which lane most advisors choose.
Rick Simonetti knows it's not easy recruiting private bankers and then moving their clients and assets. That hasn't stopped him from building Fidelis Capital into a $3 billion firm built largely on bankers pulled from Wells Fargo and Bank of America.
Getting a foot in the door to the high net worth market can be a challenge, but there are any number of ways in. Six advisors shared how they landed their first high net worth client, from golfing to finding the right CPA.
Financial Planning's August 2026 continuing education quiz is now open to subscribers. By successfully completing the quiz, advisors can earn one hour of CE credit to maintain professional certifications.
