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.
A TIAA Institute survey found that the average U.S. adult cannot answer a majority of retirement-related questions. Financial advisors say that's a problem.
Paul Algreen, the executive managing director and chief technology officer at Cresset Capital in Chicago, took the opportunity to turn the firm's tech stack from a "blank slate" to the scaling juggernaut it is.
The dome of the U.S. Capitol Building in Washington, D.C., is reflected upside down in a puddle outside of the structure
As Gen Z navigates student debt, housing costs and a slew of other financial pressures, many have become disillusioned with the possibility of retirement. Financial advisors say that can make planning difficult, but not impossible.
Social Security claims are up, suggesting retirees are worried about the program. We asked advisors if the economy and solvency of the program have them changing their strategies.
UBS continues to lose larger advisory teams after making changes to compensation policies last year. Meanwhile, Ashton Thomas and LPL both score advisory teams.
