Your Practice

Displaying 13006 results
Drop in advisers at Wells Fargo continues but slows
PRACTICE MANAGEMENT JAN 14, 2022
Drop in advisers at Wells Fargo continues but slows

While the company hasn't staunched the bleeding of its financial advisers completely, the three months ending in December saw the rate of decline slow a bit, while the average revenue per adviser continued to increase.

Robert McCann back in the financial advice industry
RIAS JAN 13, 2022
Robert McCann back in the financial advice industry

The former UBS chief was named co-chair of recently rebranded NewEdge Capital Group.

RBC inks portfolio management deal with Addepar
FINTECH JAN 13, 2022
RBC inks portfolio management deal with Addepar

The Addepar platform tracks how investment portfolios perform across asset classes by aggregating data from client portfolios and overall market performance.

Are Vanguard’s tech issues costing it customers?
FINTECH JAN 12, 2022
Are Vanguard’s tech issues costing it customers?

A mobile app update removed some functionality and was lampooned on social media sites and in online reviews last year. A website malfunction weeks later couldn’t have come at a worse time.

Group creates certification for financial conference diversity
PRACTICE MANAGEMENT JAN 12, 2022
Group creates certification for financial conference diversity

Choir uses proprietary algorithms to measure the diversity of a conference's speakers.

Ex-adviser gets 2 1/2 years for stealing $600,000 from elderly client
PRACTICE MANAGEMENT JAN 12, 2022
Ex-adviser gets 2 1/2 years for stealing $600,000 from elderly client

Matthew Clason was registered with Lincoln Financial Advisors until 2016, when he moved his registration to LPL Financial.

Redtail opens up text messaging tech to all
FINTECH JAN 12, 2022
Redtail opens up text messaging tech to all

Clients are increasingly connected via mobile devices, and wealth management tech providers are betting advisers will want to reach clients using texts.

The latest in financial #AdviserTech — January 2022
FINTECH JAN 12, 2022
The latest in financial #AdviserTech — January 2022

The first installment of a two-part series looking at the major trends in the financial adviser ecosystem that shaped big AdviserTech events in 2021, and what those trends portend for the year to come.

Alts provider CAIS lands $225 million in funding
ALTERNATIVES JAN 11, 2022
Alts provider CAIS lands $225 million in funding

As the number of publicly traded companies steadily declined over the past decade, investor interest in the private markets has increased markedly.

Providing financial advice to adult entertainers is this adviser's mission
RIAS JAN 11, 2022
Providing financial advice to adult entertainers is this adviser's mission

Lindsey Swanson leverages search engine optimization and 'in your face' messaging to develop an advisory niche among the 'stigmatized' world of adult entertainers.

Bitcoin sell-off shakes adviser confidence in crypto
ALTERNATIVES JAN 10, 2022
Bitcoin sell-off shakes adviser confidence in crypto

For many financial advisers, the slide reinforced the notion that Bitcoin is just too volatile for client portfolios.

Inside iCapital’s $497 million in fresh funding
ALTERNATIVES JAN 10, 2022
Inside iCapital’s $497 million in fresh funding

The alternative investment provider increased assets on the platform to more than $104 billion last year. The secret could be its ability to combine multiple high-net-worth investors into a single private placement.

Kevin Ruth to lead private wealth at Raymond James
BROKER DEALERS JAN 10, 2022
Kevin Ruth to lead private wealth at Raymond James

The former Fidelity executive will develop strategies for advisers serving high-net-worth clients.

There’s much to look forward to in 2022
FINTECH JAN 10, 2022
There’s much to look forward to in 2022

The InvestmentNews reporting team looks ahead to 2022 and sees many of these long-term trends continuing.

Merrill Lynch settles ski resort claims for $4.5 million
ALTERNATIVES JAN 07, 2022
Merrill Lynch settles ski resort claims for $4.5 million

The settlement stemmed from potential claims related to Merrill's "management and oversight" of brokerage accounts opened by the owner of Jay Peak, the failed Vermont ski resort.

Acorns finalizes plans to offer individual stock trades
FINTECH JAN 07, 2022
Acorns finalizes plans to offer individual stock trades

While investing in single stocks can expose investors to more volatility, the feature lets customers stay diversified while also allowing them to buy shares of their favorite companies.

Two B-Ds boost reserves for legal costs
BROKER DEALERS JAN 06, 2022
Two B-Ds boost reserves for legal costs

National Securities Corp. and Calton & Associates Inc. reported increased expenses in light of potential legal costs.

Kamila Elliott becomes first Black chair of CFP Board
PRACTICE MANAGEMENT JAN 06, 2022
Kamila Elliott becomes first Black chair of CFP Board

Elliott, president of Grid 202 Partners, an RIA in Washington, D.C., takes on the role as the organization has been promoting diversity in the financial advice profession.

RIAs see M&A momentum gaining steam in '22
RIAS JAN 06, 2022
RIAs see M&A momentum gaining steam in '22

As firms chase scale with bigger and bigger deals, RIA sellers are enjoying the ride of record-level valuations.

7 ways to improve fiduciary outcomes in 2022
PRACTICE MANAGEMENT JAN 06, 2022
7 ways to improve fiduciary outcomes in 2022

It's getting tougher to do the right thing, with the right people, at the right time. But here are some steps you can take.