Although AUM fees still dominate, other models — such as planning, subscription, monthly and hourly fees — are gaining traction, according to IN's goRIA panelists.
Some 85% of C-suite executives believe that organizations should require mandatory reporting of well-being metrics, according to a study.
The funding will be used to continue developing the firm's technology and to grow its RIA, Alternativ Wealth, through acquisitions.
Clients can explore savings strategies and financial products with higher risk-free returns and alternative fixed-income investments.
While the giant network of 11,000 brokers and advisors has announced its new name, the process of rolling its eight firms into one will take up to two years.
Artificial intelligence stands to positively impact advisory firms' relationships with their clients by fostering more personalized experiences.
In the absence of proper estate planning, there's a risk that LGBTQ individuals' intentions may not be respected.
The broker-dealer self-regulator highlighted a recent government advisory about a ransomware attack and told member firms to brush up on Finra's guidance on the topic from last December.
Thomas Vernor is based in Huntsville, Alabama, and started in the securities industry in 1984 at Morgan Stanley Dean Witter.
Pay equity in the advisory industry might seem like a straightforward proposition. It isn’t.
For advisors, LinkedIn and Facebook were far better for generating interactions than Twitter.
Andrew Komarow was featured in InvestmentNews in May 2021 for his focus on understanding special-needs financial planning.
Both TD Ameritrade and Schwab have been busy addressing migration concerns, but a little perspective would be useful here.
The new partnership with Ascensus is the robo-advisor's second foray into college savings plans.
Regardless, plenty of questions remain about the future of the long-time Cetera executive.
Kalbaugh will work with the fast-growing wealth management firm's executive leadership on strategic planning.
This month's highlights include Riskalyze's rebranding as Nitrogen, InvestCloud's executive exodus, Snappy Kraken's launch of an outsourced marketing service, and Lumiant's acquisition of health and longevity software Genivity.
There's a fair amount of legwork that needs to happen to get firms to the point where automation is possible.
AssetMark ended the month of May with $96.4 billion in assets on its turnkey asset management platform, up 10.9% year over year.
Its purchase of Oakbrook Solutions creates a combined firm that has more than 100 employees and serves clients representing a combined $2.5 trillion in AUM.
