Wealth management

The practice received a recommendation from a surprising source and wound up picking its suitor after only a three-month search.

The 20 categories with the biggest gains are home to nearly $10 trillion in combined assets.

Scott Ford is the new president of the 1,400-employeee wealth management unit that caters to affluent clientele of the Minneapolis company.

The team caters to wealthy clients and athletes, and specializes in private placement life insurance.

The bank is ramping up its consumer business lines, evidenced by the adoption of Joe Duran’s holistic “Money Mind” approach.

The combined company will service $4 trillion in assets and is valued at $1 billion.

The new hires include industry veterans and they join a growing branch in Dallas.

Though interest rates remain low, the partnership gives advisors specialized deposit accounts and lending opportunities tailored to wealthy clients.

Sammons is trying to solve the longtime question of how best to combine planning with certain products through technology.

Keep an eye on Asia, longer lifespans, the digital world, and green tech, writes Ida Liu, head of Citi Private Bank, North America.

CI Financial has inked 14 deals for RIAs in less than a year — taking the lead in a hot M&A market.

The skewed allocations “may significantly change fund performance and use case suitability until rebalance dates,” analysts say.

“As of today, Wells Fargo Advisors is not allowing solicitation of those two securities,” a spokesperson for the bank said Wednesday.

The 2,500-advisor firm is sneaking up on larger rivals by adopting an approach that’s increasingly popular across wealth management.

A hunt for heavily-short stocks has delivered millions of dollars to wealthy executives and investors.

The new recruits build on the 43 advisors Janney added last year.

The quant manager has been warning for years that investor objectives are going to be increasingly hard to meet amid “soberingly low” gains.

One of the largest wealth managers aims to attract more teams out of the crop of nearly 7,000 advisors leaving employee-channel firms each year.

Among the new hires is Scott Collins, former head of brokerage independence and institutional sales consulting. He is one of many ex-TD Ameritrade alums seeking new employment after Charles Schwab acquisition’s of the firm.

Collectively, the brokers generated $167 million in annual production and oversaw $37 billion in combined client assets.