Falling markets are cutting firms' revenue tied to AUM at the same time rising interest rates are making it more expensive for buyers to finance deals.
This month’s highlights include Savvy Wealth’s $11 million funding round to enter the realm of tech-enabled RIAs, along with DPL Partners’ new adviser-matching solution and InvestCloud’s Advisor Connect solution.
The money pouring into digital assets has attracted the attention of criminals.
Using Unifimoney's tech and Apex's custodial platform, community financial institutions can add digital wealth management to existing online banking services.
Advisers need to create an ‘ideal client’ description, grade their clients and eliminate those who aren't the right fit.
Gautam Arora allegedly defrauded four victims out of $100,000 to secure investments that didn't exist.
The new annuity functionality will help advisers using Morningstar's workstations manage annuity transactions for their clients.
Chief Executive Officer David Solomon has said he’s dialing back the firm’s ambitions for consumer banking.
Jessica Goedtel is building an advisory practice where people who earn a living via online platforms like OnlyFans feel welcome.
The organization representing financial planners wants to obtain legal recognition of the profession, a process that could involve a long, winding road through state and federal legislatures.
Entering the competitive space of client referral programs, AdvisorFinder faces the challenge of getting consumers to the site.
Ways that firms can demonstrate their appreciation of their staff members amid the year-end festivities.
Additionally, BNY Mellon invests in a fixed-income fintech and Broadridge partners with IntraFi on securities-backed lending.
A Goldman Sachs report shows that more women than men believe they're behind schedule on saving for retirement, with nearly a quarter of women saying they were 'very' behind schedule.
In all 4 regions, 3,006 RIAs reported $3.015.5 trillion in assets, compared to $2.493.5 trillion in 2021, according to InvestmentNews research.
The brokerage platform has launched Robinhood Retirement, which lets users open IRAs on its platform and matches 1% of their contributions.
Finding younger advisers to join your firm isn’t easy, but it’s well worth the investment of your time and energy.
As more advisers work remotely and turn to messaging apps and social media to communicate, they’re exposing themselves to a higher risk of exploitation through impersonated and hijacked accounts.
Just 4% of the 3,204 candidates took the test remotely. Registration for the March exam is open until Feb. 21.
As the U.S. braces for a recession, Morgan Stanley is reducing its global head count.
