Your Practice

Displaying 13040 results
American Express returns to financial planning
FINTECH AUG 09, 2021
American Express returns to financial planning

The company unveiled a new tool, called My Financial Plan, that is certainly akin to the work done by financial advisers, but is stressing publicly that it is not eying an avenue back into the wealth management business.

Morgan Stanley bucks trend of more advisers leaving wirehouses
PRACTICE MANAGEMENT AUG 09, 2021
Morgan Stanley bucks trend of more advisers leaving wirehouses

The company maintained its healthy recruiting pace over the first two quarters of the year even as losses continued to mount among its wirehouse competitors.

How fintechs are tackling racial and gender wealth gaps
FINTECH AUG 09, 2021
How fintechs are tackling racial and gender wealth gaps

Fintechs have the opportunity to confront race and gender wealth gaps by creating more opportunities for wealth building and investing.

Indies managing $376 million switch to Securities America
RIAS AUG 09, 2021
Indies managing $376 million switch to Securities America

Robert Batick moves from Westport Capital, while Norman Coates made the switch from LPL Financial.

A chance meeting leads an adviser to a bountiful niche practice
RETIREMENT PLANNING AUG 09, 2021
A chance meeting leads an adviser to a bountiful niche practice

As a rookie adviser, Vidal Peoples met a doctor in need of comprehensive financial planning. He taps into the kind of professionals whose incomes can skyrocket but are also saddled with mountains of student loan debt.

Merrill Lynch veteran Michelle Avan dies
PRACTICE MANAGEMENT AUG 09, 2021
Merrill Lynch veteran Michelle Avan dies

Avan recently became SVP and head of global women's and under-represented talent strategy, global human resources for Bank of America.

Diversity, Equity & Inclusion 2021 Lifetime Achievement Winner: Shundrawn Thomas
PRACTICE MANAGEMENT AUG 07, 2021
Diversity, Equity & Inclusion 2021 Lifetime Achievement Winner: Shundrawn Thomas

The efforts of Shundrawn Thomas might seem almost subtle, but they are not. In fact, little about Thomas, the president of Northern Trust Asset Management, is subdued, although his demeanor and general presentation suggest otherwise.

Nasdaq wins SEC support for plan to diversify boards
PRACTICE MANAGEMENT AUG 07, 2021
Nasdaq wins SEC support for plan to diversify boards

The exchange will direct its listed companies to pursue board diversity — by having at least one female board member and at least one who identifies as a member of an underrepresented minority or LGBTQ — or explain why they don’t.

Envestnet bolsters $315 billion AUM with expanded services
FINTECH AUG 06, 2021
Envestnet bolsters $315 billion AUM with expanded services

The leading TAMP by assets is racking up the number of advisers on its platform and new accounts are opening at a faster pace than prior quarters, said CEO Bill Crager in an earnings call.

Janney adds five reps who managed $1 billion at Truist
PRACTICE MANAGEMENT AUG 06, 2021
Janney adds five reps who managed $1 billion at Truist

The advisers are based in Virginia and the Carolinas; there's also one rep joining Janney from Wells Fargo.

Former LPL adviser's alleged discrimination highlights company culture issues
PRACTICE MANAGEMENT AUG 06, 2021
Former LPL adviser's alleged discrimination highlights company culture issues

Eileen Cure was dropped from LPL after viral videos surfaced of her allegedly telling employees she will not interview Black job applicants.

BlackRock, Wells Fargo delay return to office on Covid concerns
PRACTICE MANAGEMENT AUG 05, 2021
BlackRock, Wells Fargo delay return to office on Covid concerns

The shifts signal that the financial services industry is rethinking its return-to-office plans as the highly contagious delta variant sweeps across the country.

Wells Fargo duo managing $266 million goes indie with Raymond James
BROKER DEALERS AUG 05, 2021
Wells Fargo duo managing $266 million goes indie with Raymond James

Jeff Anderson and Doug McClure of Bothell, Washington, affiliate through Mainspring Wealth Advisors, an office of supervisory jurisdiction.

LPL cuts ties with adviser accused of racism in TikTok video
PRACTICE MANAGEMENT AUG 04, 2021
LPL cuts ties with adviser accused of racism in TikTok video

Eileen Cure is accused of refusing to hire Black job candidates in viral TikTok. Cure called the accusations 'false and defamatory.'

Jeff Jones elected chair-elect of NAPFA
PRACTICE MANAGEMENT AUG 04, 2021
Jeff Jones elected chair-elect of NAPFA

Three new directors were elected to the National Association of Personal Financial Advisors' board.

Vanguard offers workers $1,000 to get vaccinated by October
PRACTICE MANAGEMENT AUG 04, 2021
Vanguard offers workers $1,000 to get vaccinated by October

The asset manager will make payments to all workers who can prove they've gotten a Covid-19 vaccine, even if they were inoculated before the company extended the offer.

Congress should expand SEC oversight of crypto's 'Wild West': Gensler
ALTERNATIVES AUG 03, 2021
Congress should expand SEC oversight of crypto's 'Wild West': Gensler

The Securities and Exchange Commission chairman called on lawmakers to expand the agency's investor protection mandate to include crypto trading and decentralized finance. Cryptocurrency assets are worth roughly $1.6 trillion.

Cryptoasset platform Onramp Invest raises $6 million
ALTERNATIVES AUG 03, 2021
Cryptoasset platform Onramp Invest raises $6 million

The San Diego tech firm will use the funds to expand its offerings to RIAs and explore registering as a broker-dealer.

Practice managing $300 million at Lincoln Financial joins Cetera
BROKER DEALERS AUG 03, 2021
Practice managing $300 million at Lincoln Financial joins Cetera

Exton, Pennsylvania-based Brumbaugh Wealth Management is affiliating with Cetera through super OSJ AdvisorNet

Content marketing for advisers? There’s an app for that
FINTECH AUG 03, 2021
Content marketing for advisers? There’s an app for that

FMG Suite is giving advisers mobile access to content marketing, which relies on sharing online content to drive client engagement. Digital marketing solutions is slated to be the largest planned increase in net spending for an adviser’s tech stack throughout the year, according to the InvestmentNews Adviser Technology Study.