The purchase of the Seattle-based McCutchen Group will push the Canadian aggregator of registered investment advisers to more than $85 billion in US wealth management assets.
CEO Larry Fink said access to private equity should increase and allocations should be in the 20% range, while speaking at the Charles Schwab Impact conference.
Dallas-based Lake Point Advisory Group was founded in 2007 by Reid Johnson, who was described as a 'marketing genius' by Mercer's Dave Barton.
Jeffrey Kleintop and Liz Ann Sonders scrambled to highlight the silver linings of inflation at the Schwab Impact annual conference held virtually this week.
While the ProShares Bitcoin Strategy ETF is the first of its kind, there are a host of other versions coming soon. The futures-based strategy could make the tech stock volatility of the 1990s look tame by comparison, according to experts.
Aviva Pinto found her niche when she realized most divorces include a 'non-monied' spouse in search of financial footing.
Fintech experts say the next disruption could come from out of the blue, and that advisers should avoid embracing tech for tech's sake.
The new offering, called Pershing X, is headed by Ainslie Simmonds and will enable RIAs to outsource almost all of their practice management needs, like client relationship and investment management tools.
Carson Group Excell conference whets the appetite of advisers looking for fee-based insurance products.
The addition of Covenant Multifamily Offices expands Captrust's Texas footprint and adds $2.6 billion under management.
