Investors pulled almost $600 million from BlackRock, Fidelity funds.
ChatGPT parent has begun preliminary talks with regulators.
Workers will get a 38% pay rise, enhanced retirement contributions.
Fifty-two percent of investors have only ever had a relationship with one advisor, a survey from Dynasty Financial Partners found. "Clients are the advisor's employer," one advisor said.
The national RIA managing $6.5 billion is bolstering its appeal to advisors and clients with an additional foothold in the Midwest.
“That does not seem like a winning brand positioning to me,” one executive said.
With 25 years of experience, the Pegula-backed RIA's HNW hire arrives after managing more than $450 million personally at his previous firm.
The firm's latest executive hire comes with nearly three decades of experience, including stints at OneDigital and Fidelity.
If given the power to change a single industry issue, addressing the expiring Tax Cuts and Jobs Act of 2017 is what wealth managers said they would do, along with fixing regulatory burdens. Meanwhile, tariffs are a worry for some.
The Franklin Templeton subsidiary's key fixed income fund has bled $11.1 billion in assets year-to-date amid a federal investigation of the firm's star trader and CIO Ken Leech.
With its latest partners in Maine and Texas, the fee-only RIA and financial planning firm has officially completed seven acquisitions for the year.
The fintech behemoth's latest tie-ups bolster its footprint in the managed accounts and 401(k) spaces.
The New York-based firm billing itself as a "long-term partner for successful RIAs" has snapped up the $2.8 billion boutique firm in San Francisco.
The firm's new leadership appointment comes with 30 years of experience, including tenures at Citi, BofA, and Wells Fargo.
Joint venture brings together $72B wealth manager with global asset manager.
Firm settles charges relating to SEC Marketing Rule compliance.
From equities to crypto, investors are holding their breath.
Some investors have cut back exposure due to close-call polling.
Brand owner could hand control to lenders.
Reuters says the investment firm is in advanced talks with property owner.
