'I really think that our financial advisers are going to be happy about this,' one Wells Fargo executive said.
A relaunch in 2020 has allowed the company to pivot to serving financial advisers, which is a more sustainable business model, according to CEO Eric Arnold.
Rohit Mahna will report to Mike Durbin and fills the spot vacated in June by Sanjiv Mirchandani, who took part in Fidelity's sweeping buyout offer.
Factors driving the expansion in fee-only advisers include clients' and prospects' interest in having an adviser who's a fiduciary and advisers' interest in having a simpler story to tell clients.
The acquisition marks the third deal for ComplySci in the fourth quarter, in the wake of a strategic investment from K1 Investment Management, a private-equity firm focused on enterprise software companies.
Lasso, a social-networking app, is hoping to land the millions of new retail investors using online investing apps with financial advisers.
The trade association said the regulator has all the tools and authority it needs through Reg BI. It's also pushing agencies to allow remote supervision permanently.
President John Carson is retiring at year-end, while Canadian head Paul Allison will become executive chairman.
After a trying 2020, large Northeastern RIAs saw growth this year rebound to 8.8%. The InvestmentNews annual review of RIAs by region includes firms with $100 million or more in assets.
The long-term implications of an advice industry in which much of the workforce is remote are only starting to be felt.
A client's mental time horizon — how far into the future they think about their finances — can affect how much they save and their overall financial health.
We can’t hit that next level if we don’t choose the right priorities, and we can’t complete them if we don’t take charge of our time.
Robbie Moseley joins the firm from Edward Jones, where he headed talent acquisition for the eastern region.
Financial planners working with clients as they confront crises like the recent supply chain disruptions need to have a holistic view of planning, increase their own emotional intelligence and improve their communications skills.
The firm is boosting its matching contributions to retirement accounts for U.S. workers and eliminating the one-year waiting period for contributions for new joiners.
The threat of higher taxes in 2022 is giving RIAs another reason to make a deal before year-end, while the lingering Covid-19 pandemic is forcing financial advisers to focus on succession planning.
Colton Etherton admits he was nervous about carving out such a unique niche, but he now knows he made the right decision.
What makes financial advisory work fun and interesting is how different the clients are, with different financial situations, needs and worries.
Many view firms' archiving and capture responsibilities as a costly and time-consuming burden, even though the possibilities provided by this treasure trove of information are massive.
While wealth management firms are spending big on updates — with 31% introducing major feature updates this year — legacy technology and the complex array of services offered by wealth apps have presented unique challenges.
