Stephen Kolano will head investments for the firm’s integrated family office.
Iqbal Khan, who had served as co-president of Global Wealth Management with Naratil, was promoted to president. Naureen Hassan will succeed Naratil as president of UBS Americas.
The latest update to Schwab Advisor Services' digital onboarding technology lets independent financial advisers open and fund up to 10 new client accounts in a single workflow.
Large investment firms make big diversity promises but overall fail to convert those promises to structured spending with women- and minority-owned firms.
The popular Fidelity exec has been in charge of the firm's registered investment adviser business since 2017, and has worked for Fidelity since 2009.
The attorney, John W. Pauciolo, provided the legal approval for years of commercials advertising the unregistered Par Funding investments.
The move would potentially position Iqbal Khan as the eventual successor to CEO Ralph Hamers.
Longer lifespans increase the chance that your clients will outlive their money or have to drastically downgrade their lifestyle.
The acquisition brings more than 700 RIAs using Redi2's billing and invoicing software, BillFin, into the Envestnet ecosystem.
The AUM fee model works well in rising markets, but when markets begin to decline, the model means revenues are falling as the needs of clients increase.
Research from Ameriprise also shows that at least a quarter of financial advisers have no succession plan, and 14% expect to leave the business to a buyer.
Leading with empathy builds the trust that managers need for sustained productivity
Ongoing discontent, worsened by the pandemic and tech shortfalls, has resulted in 15% of wirehouse advisers and 7% of independent advisers being 'at risk' of exiting their firms in the next two years.
An Investment Adviser Association survey shows that for the second year in a row, the SEC advertising rule is the top compliance concern.
There have been exciting developments in terms of partner firms offering loans and equity options that can provide the capital advisers need to realize their business growth goals.
Eliminating paper processes can reduce error rates, driving efficiencies for the firm and improving the customer experience.
Spuds Powell defies popular thinking with the niche client base he's built, one that he says makes both him and his clients happy.
Don't assume that clients intend to spend their principal in retirement.
The asset management firm will change its name this fall to Raymond James Investment Management.
Advisers weigh in with their suggestions for the lucky individual who has the winning ticket for the Mega Millions drawing.
