Fidelity is increasing the education on digital assets it makes available to its advisers by partnering with the Digital Assets Council of Financial Professionals, the organization founded by Ric Edelman.
Clients of Fidelity Institutional will get a discount on the cost of DACFP’s Blockchain and Digital Assets certificate program. The program’s 11 modules include information on digital assets and the blockchain, as well as how to use digital assets as part of an investment management strategy.
“As interest in cryptocurrency accelerates across investor segments, we want to ensure we’re providing advisors with the foundational knowledge necessary to help address investor questions,” David Canter, head of the RIA and family office segment at Fidelity Institutional, said in a statement.
A Fidelity survey of advisers showed 43% had adopted digital assets as of 2021, up from 23% in 2020.
Fueled by a recent shot in the arm from private equity firm Carlyle, MAI adds a $490 million Atlanta RIA as it keeps building out its national footprint.
“Todd Burkhalter organized what is likely the largest Ponzi scheme in Georgia history,” said one FBI official.
With experience from Goldman Sachs and TD Ameritrade, the RIA's newest SVP hire adds to a recent wave of executive departures from hybrid Osaic.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
