Markowitz was best known as the father of modern portfolio theory, which he introduced in 1952.
Financial advisor head count grew by just 2,579 advisors in 2022, while the failure rate among rookie advisors was more than 72%, according to a Cerulli study.
The four advisors control $400 million in client assets and their Elkhorn-based firm is called Omnia Wealth Group.
The company is adding to its support for groups of plans and rolling out new programs for multiple employer plans and pooled employer plans.
The opportunities for younger financial advisors to increase the value of their practices couldn't be better.
Mergers and acquisitions aren't about aggregation, they're 'about integration,' says Brandon Kawal of Advisor Growth Strategies.
The majority of pre-retirees highlighted inflation as the greatest challenge to their retirement plans over the coming 12 months, followed by an economic recession, market volatility and taxes.
Consumers dealing with inflation and market volatility would appreciate guidance from their bank, but few say they’re getting that, according to a new study from J.D. Power.
Employment at advisory firms also reached a record, while assets under management declined in 2022, according to an annual study by the Investment Adviser Association and National Regulatory Services.
The Armonk, New York-based retirement plan consulting firm has $3.8 billion in assets under advisement.
A vendor improperly destroyed 47 million electronic communications, including emails and instant messages, from 8,700 inboxes.
Jennifer Campbell was office manager and chief compliance officer for a registered investment advisor in Buffalo, New York.
The decline would be due to the acquisition of Credit Suisse which would come as a result of client outflows, the overlap between the two banks and ongoing cost savings, says bank analysts.
Joe Di Biasi and Greg McElheny head Blue Sky Wealth Management in Greenwood Village.
On average, American adults have saved $89,300 for retirement, up 3% from 2022, Northwestern Mutual’s 2023 Planning & Progress Study shows.
Robert Hamer is joining Stratos from Asset Management Group.
The long-outdated accredited investor rule has become a symbolic roadblock between retail investors and institutional-quality investments.
The timing of additional increases will be based on incoming data, Powell said in his opening statement.
Some 85% of C-suite executives believe that organizations should require mandatory reporting of well-being metrics, according to a study.
The funding will be used to continue developing the firm's technology and to grow its RIA, Alternativ Wealth, through acquisitions.
