Demographics

Bill Mahler had been chairman of the firm’s equity capital markets and equity asset management units. He was also on the executive committee.

“We need someone with a deep understanding of BlackRock, our business and, above all, our culture,” CEO Larry Fink wrote in a memo.

Among the honors this year by NICSA are awards for operational excellence, and advances in product development and technology.

For its annual NOVA awards, NICSA recognized asset managers and executives for operational excellence and product development.

Blucora’s Avantax Wealth Management combines two firms that took competing approaches to serving tax professionals branching into wealth management.

Clients should think of the years as empty buckets and keep the amount of income into each bucket level per year.

Four erroneous beliefs cause many new planners to fail.

Martin Gilbert helped build Aberdeen Asset Management through dozens of acquisitions starting in the early 1980s.

With millennial and Gen Z clients expected to have longer lives than their parents, securing an effective retirement horizon can have its challenges.

Charlie Scharf’s most immediate priorities include mending fences with regulators and getting the bank out from under a Fed-imposed asset cap.