Wealth management

The judges sought innovations that would make a lasting impact on the business of financial advice. We found them.

While determined to capitalize on the distortions created by the coronavirus, the bank says the offering won’t “act as vulture investors.”

With her innovative, rapid-fire leadership, the recipient of this year’s individual award is giving nearly 2,000 aspiring planners unprecedented entree into a profession sorely in need of them

Granular sensitivity and remarkable speed characterized the overnight virtualization of the firm.

The rush of newbie investors into the brokerage app has sparked controversy over how big its influence is over markets.

“The stocks that I hadn’t heard of three months ago all of a sudden are the most active — that’s not where investors go, that’s where traders might go or hobbyists might go,” says a private wealth advisor at UBS.

The firm, which has nearly tripled in size in the last year, says it continues to seek out acquisition targets.

Still, clients continue to invest their assets into the industry’s cheapest funds and are saving billions as a result.

The 30-year industry vet launched a firm on the Dynasty platform citing better technology and “freedom” as reason for the move.

Thanks to the CARES Act, retirees can pass on taking required minimum distributions but should they?

As inflows soar and market dislocations vanish, an industry that consigned to history two major disruptions of the pandemic crash is back.

Thousands of planners have dropped their memberships in recent years. Here’s why I joined them.

About 6% of the country’s family offices have more than $5 billion of assets under management, while roughly a third control $500 million or less.

“Especially in this time when we are thinking, ‘Is there going to be a shortage of opportunity,’ in comes this one. It’s put a lot of fire in me to learn as much as I can,” says new college graduate Kameron Kindle.

The role of retail investors in a 45% rebound since late March has been intensely analyzed, as a swarm of tiny buyers chased after recovery plays and insolvency stocks.

CEO Jim Gold anticipates an uptick in advisor moves in coming months.

As asset managers launch funds with this new structure, lack of familiarity may hinder advisors’ adoption of them.

Independent advisors may enjoy freedom of choice when it comes to all things digital, but giant institutions have a leg up with integration.

Major donor-advised fund providers said they’re using webinars, podcasts, social media and emails to nudge clients to give.

The insurer-owned IBD identifies leaders in target markets as it offers independence “with a hug,” according to its head of recruiting.