Oppenheimer Asset Management has added the Dividend Performers investment strategy to its separate account consulting program. The strategy is managed by Sovereign Asset Management, a subsidiary of John Hancock Advisers, recently bought by Manulife Financial. Dividend Performers invests in a group of approximately 350 companies known for growth and stability. All have increased dividends over the past five years and seek investments that point to future growth and earnings.
Even if they must refer wealth families to a tax professional for a generation-skipping or dynasty trust, financial advisors can play a valuable role.
Jim Gold of Steward Partners thinks impending advisor retirements will continue driving smaller RIAs into M&A deals with big acquirers — even as AI turns many investors into "do-it-yourselfers."
Justin Brownlee started an RIA targeting energy, oil and gas employees. His hyperspecific marketing tactics have helped grow the firm into a thriving niche.
Fidelity Institutional Wealth Management Services faces competitive threats in an era of ETFs and multicustodian advisory practices. But it has big advantages.
A bipartisan proposal to create a 75-year sovereign wealth fund for Social Security is not promising, according to Boston College researchers.
According to a recent survey by Janus Henderson, 79% of clients said they would be upset to learn an advisor used AI without telling them.
