Wealth management

New York-based RIA firm HS Management Partners has hired Robert Gebhart as its new senior vice president and senior investment officer.

HSBC Global Asset Management has hired Damion J. Hendrickson as a senior vice president and head of RIA sales.

Exchange-traded funds are like stocks. And mutual funds. Except they're not. Here's a glossary on how ETFs really operate.

Cowen Group said it agreed to acquire Algorithmic Trading Management, a provider of customized code for executing trades electronically.

Legacy expert attorneys Andy and Danielle Mayoras say the billonaire's case serves as a reminder that too many people make the estate planning mistake of relying on verbal or written promises that contradict their will or trust.

Two large RIA firms have launched their own apps in the Apple and Android store, putting them ahead of the field in the race to maintain contact with clients.

The proceeds will be used in areas that Jefferson National anticipates will translate into growth.

Almost six in 10 millionaires believe they have an obligation to give back to their communities, unchanged from 2008, when the U.S. economy went into a tailspin, according to a PNC Wealth Management survey.

In recent years, the federal government has created an AMT “patch” to help exempt millions of Americans from getting caught. But planners should note that lawmakers haven’t moved to create a patch for 2012.

Here’s what Investment Technology Group thinks will happen in the coming year, with modest re-interpretation.

Fidelity Investments is now offering a free version of its WealthCentral customer relationship and portfolio management platform for the iPad.

It's time to think about accelerating clients’ income for 2012 in anticipation of higher taxes for 2013 and beyond, according to the founder of one of the nation’s largest RIAs.

Spending on hardware, software and communications all is expected to grow by more than 5% this year, in the latest Gartner forecasts. Is this the year that not just trading firms, but companies of all stripes get bullish on technology spending, again? Here's a snapshot look at the consulting firm's prognostication.

Equity funds saw outflows of $9.4 billion for the week of Jan. 4, 2012, according to numbers released by the Investment Company Institute.

How investors go about making decisions in uncertain and volatile markets can have long-lasting implications, especially when bias and emotion enter in. The field of behavioral finance has shown that human beings can’t be presumed to take the most logical, rational approach to investing. So if not logic, just what is affecting our decisions? A recent report from Robert W. Baird & Co.’s Private Wealth Management Research team outlines psychological and social factors that affect how we make financial decisions. Be aware of these factors to help you avoid some psychological pitfalls that regularly affect professional and amateur investors alike. Source: Robert W. Baird & Co.’s Private Wealth Management Research

A date is set for the exchange-traded equivalent of the world's largest mutual fund to get going.

Zephyr Associates, a financial analytics software provider to financial advisors, is seeing a steady increase in the percentage of RIA firms among its clients.

Cetera Financial Group has agreed to buy Genworth Financial Investment Services, an independent broker-dealer with almost 2,000 independent advisors specializing in integrating wealth management services with tax and accounting services.

Among the 27.2% of IMCA members who are independent, 14.2% are RIAs, 7.7% are dually registered and almost 85% of IMCA advisors and consultant provide fee-only or fee-based advice.

2011 may be remembered for its Walls Street thrills and spills, but the merger and acquisition deals made a huge mark on Main Street and the RIA business. Here are 10 unions that reshaped the RIA landscape.