RIAs

As consolidation reshapes the market, the custodian sees an opportunity to attract tech-forward and multi-custodial firms.

Do RIAs still have a clear advantage when it comes to modern planning software?

“I wanted to be able to walk in the door and only be able to answer to one constituency: my clients,” advisor Andy Ferguson says.

“Clients have gotten a good scare,” says Dave Welling, CEO of Mercer Advisors.

The initiative is intended to help advisors manage increasingly large and complex teams.

As one of the fewer than 1,400 black CFPs, I hope to be a gateway to economic empowerment and generational wealth for the African-American community, writes planner and contributor Zaneilia Harris.

The firm’s growth plans come as the industry experiences a new wave of consolidation among custodians and fintechs.

The number of advisors registering with FINRA has fallen since 2016, as more planners elect a fee-only model.

New opportunities and wise practices can maximize the value of your clients’ — or your own — company.