Longer lifespans increase the chance that your clients will outlive their money or have to drastically downgrade their lifestyle.
The acquisition brings more than 700 RIAs using Redi2's billing and invoicing software, BillFin, into the Envestnet ecosystem.
The AUM fee model works well in rising markets, but when markets begin to decline, the model means revenues are falling as the needs of clients increase.
Research from Ameriprise also shows that at least a quarter of financial advisers have no succession plan, and 14% expect to leave the business to a buyer.
Leading with empathy builds the trust that managers need for sustained productivity
Ongoing discontent, worsened by the pandemic and tech shortfalls, has resulted in 15% of wirehouse advisers and 7% of independent advisers being 'at risk' of exiting their firms in the next two years.
Another asset management firm is buying its way into the increasingly crowded market for direct indexing.
An Investment Adviser Association survey shows that for the second year in a row, the SEC advertising rule is the top compliance concern.
There have been exciting developments in terms of partner firms offering loans and equity options that can provide the capital advisers need to realize their business growth goals.
Technology can remove the human bias in investing, while also offering investors exposure to securities, but with reduced drawdown, minimized volatility and lower beta.
Starks Financial Group, which was founded in 1999, is based in Asheville, North Carolina.
Jennifer Marcontell had been with Edward Jones for 22 years in Baytown, Texas.
A Goldman Sachs study details how life events can impede retirement savings and can have a significant impact on how much an individual saves for retirement.
The mandate to redo the bank's small- and mid-cap growth mutual fund represents RadiantESG's second portfolio.
For your three-day weekend reading, here's a recap of some of the adviser fintech news you may have missed.
Eliminating paper processes can reduce error rates, driving efficiencies for the firm and improving the customer experience.
Fintech company Pontera is continuing its partnership spree in hopes of giving more financial advisers the ability to manage client assets in held-away retirement accounts.
Spuds Powell defies popular thinking with the niche client base he's built, one that he says makes both him and his clients happy.
Don't assume that clients intend to spend their principal in retirement.
The asset management firm will change its name this fall to Raymond James Investment Management.
