The four-person, two-adviser unit will partner with an existing group at UBS Private Wealth Management in Kenwood, Ohio.
With pressures on Robinhood, eToro’s large user base and scale places the U.K.-based challenger front and center to disrupt the U.S. market.
Selling away charges are at the center of three large customer complaints against ex-broker John Krohn. In 2018, Finra reached a settlement with Krohn in which he was suspended from the industry for three months and paid a fine of $10,000.
Advisers should focus on reducing client attrition and adding more new clients, and make certain they're charging a fee in line with the market.
The insurance company's chief growth officer succeeds Walter White, who will retire at year-end.
The more fee-based business you do, the more imperative it is to focus on current clients and your ability to hold onto them.
The new tool, called PracticeLab, is similar to the services advisers are getting from custodians and other business partners.
The GAO concluded that plan sponsors, record keepers and others have little to go on as far as guidelines from the Department of Labor and that it isn’t clear whether fiduciaries have the responsibility to minimize cybersecurity risks.
Given the events so far this year, regulation of these topics is likely top of mind for policymakers under Biden, according to experts.
Less than a week after notching its 15th deal in as many months, Toronto-based CI Financial announced the acquisition of an Atlanta-based RIA with $4.7 billion in client assets.
The firm is cautiously increasing hiring at the moment, essentially new advisers, but at a lower rate than in the past. Training financial advisers takes time and is also expensive, with a high percentage of trainees typically not making the cut.
During this time of consolidation in the asset management industry, and activity in fintech, the adoption of digital strategies and tools by both will better enhance their chances of survival, or continued success.
Fuller, who had been executive vice president of Lincoln Group, succeeds Mark Mullin, who becomes board chairman.
The eight-adviser Monteverde Group is based in Pittsburgh.
Is the advisory industry capable of continuing the transformation that began during the pandemic in order to shape its next phase?
Wealthtech has finally graduated from forcing adoption to focusing on innovative ways to bring financial advice into users' pockets.
But a stock market reaching record highs may be masking shortfalls, and a recent survey says firms aren't supervising conferencing platforms.
Financial advisers are embracing a more virtual form of communicating with clients and colleagues to the point where most don’t expect to ever go back to sitting behind a desk in a traditional office.
The challenge with reflecting on what’s happened is that it is all so intensely personal, yet it has hit every person.
Morningstar data show women are making little progress breaking into the ranks of portfolio managers.
