Wealth management

Despite lofty markets, offering a “lazy” portfolio may doom a number of ill-prepared planners in the coming year, our columnist warns.

A deep dive into all the critical questions, strategies and tax planning moves for clients and their university-bound children.

“We look forward to our day in court and will not be bullied by the regulatory thugs at the SEC," the firm's co-founder says.

With an eye on pathways to fee-only practices and away from an “eat what you kill” philosophy, four planners aim to usher in a more diverse profession.

Despite pledges, the IBD network didn’t collect enough data for suitability reviews of the outside transaction for more than five years, according to the regulator.

Some advisors say they’re busier than ever in the last weeks of 2020.

The UHNW unit signed advisors managing a combined $3.7 billion this year and committed to maintaining a physical presence in its New York headquarters.

LPL Financial and indie rivals like Raymond James, Wells Fargo FiNet and Kestra Financial completed at least 17 recruiting grabs of $800 million or more this year.

Like its largest rivals, the wirehouse kept grids at par after a tumultuous 2020.

With 350 firms on its client roster, the acquisition of Flourish gives the insurer a springboard into the independent advisor market.

The firm’s four new additions came from two wirehouses.

The unit could fetch more than $3 billion, according to people familiar with the matter.

It’s one of the largest teams to quit a wirehouse this year.

After a volatile year, advisors get a reprieve when it comes to payout changes.

Regulatory shifts, M&A, new technology — there’s a lot on the horizon for the industry.

The firm, which has more than $3 trillion under management, runs dozens of mutual funds and was a pioneer in index investing.

The OSJ scooped up teams from Edward Jones, Wells Fargo Advisors and Wedbush Securities.

The potential for higher rates in 2021 is real, but exactly what the rate would be, and who would pay those rates, is far from certain.

Potential customers include hedge funds, crypto miners and over-the-counter trading desks

The firm has added 42 advisors this year with a combined $3.8 billion in AUM.