Wealth management

From compliance to technology and succession, advisors may be under the wrong impressions about launching their own firms.

After 10 years at Merrill Lynch, a financial planner felt an entrepreneurial itch; "We should do this."

Move quickly, know your tech stack and use personal email in the planning stage, writes Mark Elzweig.

Axos Financial, which has $14.4 billion across business lines, will gain $23 billion in new assets from 200 RIAs.

The pandemic has ushered in an ultra-remote environment, complete with more video calls, more e-signing and, inevitably, more stress.

Many RIAs can qualify for this lucrative benefit. Here’s what you need to know this tax filing season.

Despite record growth in wealth management, an otherwise rosy earnings report was marred by $911 million loss related to Archegos Capital.

He takes over for Chris Harvey, who ran the team for four years.

Despite losing more than 295 net advisors in the first three months of the year, the wirehouse had one of its best quarters in history in terms of revenue.

Advisor Kip Adams says access to the IBD’s trading platform and tools have “already improved how we open new accounts and manage our business.”

A net 236 brokers left the wirehouse in the three months ending in March, the company said in its latest quarterly report.

Financial advisor Jacqueline Campbel led a diversity program at her old firm and has ambitious expansion goals for her new one after 25 years in the industry.

New flows to traditional fixed income investments remain strong, according to Cerulli Associates data.

Advisor Kristin Bartlow brings a team of four managing $195 million in client assets to Journey Strategic Wealth.

Lisa Quadrini had worked with the practice during her earlier tenure with Merrill Lynch, and she’s now launching its new office.

The acquisition will add $124 billion of European AUM and give Ameriprise access to the Canadian bank’s ESG strategies. It will also initiate a distribution relationship with the Bank of Montreal’s North American wealth management business.

The quartet of advisors picked the nation’s largest IBD out of the increasing number of suitors available to ex-employee practices.

Advisor Peter Krull favors actively managed sustainable products due to the “greenwashing” he says often occurs with ESG index funds.

An analysis of the core components of compensation at wirehouses, regional and national BDs.

In session, we welcome the Financial Planning Editor in Chief, Chana Schoenberger, to share the editorial outlook for the remainder of 2021 and provide an in-depth view of the Financial Planning audience.