Thornburg Management Co. of Santa Fe, N.M., has added hyperlinks to the web sites of all of the companies in its Thornburg Value Fund stock portfolio. The goal is to provide as much information to the investment management community as possible, according to fund manager William Fries. "Investors and financial advisors are best served by having the best information available to them, including information obtained directly from the corporations," he said.
The SEC's decision marks a startling reversal from the full-court press it had mounted against Commonwealth Financial Network in 2019 over alleged failures to disclose conflicts of interest in its brokers' mutual fund recommendations.
In a Q&A interview, Christine Brown explained her plans for the role leading a team of a half dozen specialists assisting Kestra financial advisors.
Relationship management systems are the traditional hub of financial advisors' technology stacks, but new AI tools may supplant them. Here's how advisors on the ground see it.
NewEdge Advisor's recruiting win from Ameriprise is the third recent big win for the New Orleans-based company.
With more than $12 trillion in assets, the company led by CEO Salim Ramji is pressing its advantages of scale in a rapidly consolidating, commodified industry.
As more financial advisors near retirement without clear succession plans, some RIAs are turning to ESOPs and Section 1042 rollovers to exit on their own terms.
