Wealth management

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.

The Samsung dynasty’s art collection, including classic paintings by Picasso and Monet, is estimated to be worth between $2.2 billion and $2.7 billion.

Wells Fargo, Baird, Avantax, Kestra, Janney Montgomery Scott, IRAs, Derek Jeter and other news this week in financial advice.

Unlike competing financial services firms, the asset manager has agreed to undergo a racial audit.

Harvest’s micro-saving and investing technology is designed to turn spenders into savers, and eventually into investors.

The 20 mutual funds in this ranking outpaced broader markets over the past year with an average gain of more than 68%.

Our annual analysis of core compensation components at wirehouses, regional and national BDs.

The largest brokerages typically make comp changes that are ‘evolutionary, rather than revolutionary.’