InvestmentNews’ fourth annual Best Places to Work for Financial Advisers highlights 75 advice industry firms that recognize the importance of a strong work culture. The firms’ profiles detail the HR policies and workplace practices they use to attract and retain skilled advisers, as well as changes they've made in response to the pandemic.
The measure would impose a 2% annual tax on households and trusts valued at between $50 million and $1 billion; all net worth over $1 billion would be taxed at 3%.
Finra will not require the documentation normally needed to obtain a testing accommodation. That will allow candidates to opt for an online exam if they’re reluctant to go to a test center.
The largest independent broker-dealer reported forgivable loans to recruits of $419.2 million at the end of last year. Forgivable loans are one of the most common ways broker-dealers use to attract recruits.
Latest benchmarking study shows compensation representing 74% of RIA expenses and growing by 4% annually.
Osmer Ismail, head of Goldman's consumer bank, Marcus, and a colleague, David Stark, will help lead the retailer's fintech startup as it muscles into the banking business.
The former nontraded REIT czar is looking for a next act in the securities industry, and this time it's a family affair.
Envestnet plans to ramp up investments into a digital financial wellness ecosystem that connects multiple aspects of a user's financial journey.
Cetera is offering a standard range of transition money to Voya's 900 advisers while LPL is flexing its muscle, according to several market sources.
Invest in your business, your brand and yourself The InvestmentNews Women Adviser Summit is uniquely designed for the sophisticated female adviser who wants to take her personal and professional self to the next level. Details coming soon
TECHNOLOGY + INNOVATION FOR ADVISERS InvestmentNews’ Fintech Virtual Summit will serve as the forum for advisers and fintech providers to meet, ideate and connect the dots between industry problems and fintech solutions. Date: March 23, 2021
The RPA M&A market has exploded with valuations at an all-time high driven by private equity backed DC Aggregators. In collaboration with Dick Darian, CEO and founder of the Wise Rhino Group, and Fred Barstein, CEO of TRAU and contributing editor to RPA Convergence and InvestmentNews, RPA Convergence is excited to present quarterly “RPA Valuation Workshops” for qualified RPAs. The 1st workshop will be held on March 31st at 2:30-5:00 PM ET.
As more investors are pressing their advisors for greater customization and resisting one-size-fits-all portfolio solutions, advisors need to think holistically about what’s best for their clients.
While most of the effort will be geared toward updating or dismantling Regulation Best Interest, adviser technology will also be affected by changes when it comes to compliance and oversight of the financial services industry.