The more complicated you make your advisory firm, the less valuable it is. Complexity can also reduce the odds of arriving at a fruitful succession plan.
Robinhood plans to double the number of full-time registered reps this year after recruiting 100 advisers from other firms since 2019.
Financial advisers continue to recommend hefty cash reserves yielding almost nothing and losing ground to inflation, under the premise that safety trumps yield.
It's not easy to keep up with the credits you need under normal circumstances, and the pandemic has made it even harder.
Orion President Noreen Beaman outlines how the three new hires align with the fintech's future growth trajectory. The move comes almost one year after the Brinker Capital merger in June.
Sharkey leaves a solid legacy as a mentor, friend, colleague, educator and staunch proponent of quality financial advice.
For years, Wells Fargo Advisors has touted its in-house investment management and planning platform for clients and advisers, called Envision. Now, it is introducing the outside eMoney Advisor.
Some of the biggest names in financial services are building the wealthtech equivalents of Uber right now, and they’re using APIs to do it.
Advisers nearly universally agree that a return to office meetings is key, and that they must change
Last year, the 25 largest independent broker-dealers reported $26.6 billion in revenue, an increase of 4.3% from 2019. Although financial results were far from spectacular, growth at leading IBDs last year was resilient in the face of the Covid-19 pandemic and the havoc it caused for the broader stock market.
Robos are continuing to make incremental product expansions to make their digital advice platforms more competitive with incumbent banks.
The former Goldman mortgage-backed securities star will take over from John Hollyer, who is retiring.
A 12-member group at the independent broker-dealer will work on company and industrywide initiatives.
She is another in a line of recent SEC enforcement directors who comes to the agency with experience as a federal prosecutor.
The newcomers had criticized Blucora for mishandling the broker-dealer, Avantax, calling it a potential 'gem of the wealth management industry.' The shareholders reelected the 10 current board members.
MMC Group will be based in RBC’s office in Jericho, New York.
Rep. Patrick McHenry, R-N.C., accuses Democrats of trying to 'cater to the far left.' Democrats say ESG, diversity data is crucial.
The independent broker-dealer, backed by Reverence Capital Partners, is suing an annuity company owned, in part, by the same private equity firm.
Evan Lereah’s father started the Red Bank, New Jersey-based business 40 years ago.
The integration of the two technologies is mutually beneficial, giving RIAs access to Schwab client data and AdvisorEngine’s adviser toolbox.
