“By the end of the decade, tokenization will be the dominant investment platform in the industry, far eclipsing ETFs,” Lifetime Achievement Award winner Ric Edelman tells InvestmentNews. “ETFs as we know them today really won't exist in five years.”
Former CBIZ chief investment officer Anna Rathbun wants her new Cleveland-based Grenadilla Advisory to treat clients with the same "compassion and connectivity" she shares with audience members as a singer of classical music.
The registered broker-dealer and RIA is 75% employee owned and advises on $3.5 billion in assets with no plans to court private equity. "We do not view PE as aligned with the long-term culture we’ve worked hard to build," CEO Jameson McFadden says as Wellington Shields celebrates 100 years.
"Im glad to see that from a regulatory perspective, we're going to get the ability to show we're responsible [...] we'll have a little bit more freedom to innovate," Farther co-founder Brad Genser told InvestmentNews in light of relaxed AI regulations from the SEC.
"For a lot of our clients, if your income is affected potentially by the rises and falls with oil prices, we want to consider diversifying your portfolio away from your career risk," Bogart Wealth advisor Patrick Marcinko tells IN.
"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.
Prudential's Jordan Toma is no "Finfluencer," but he is a registered financial advisor with four million social media followers and a message of overcoming personal struggles that's reached kids in 150 school across the US.
Co-founder Brad Johnson tells InvestmentNews that Triad Wealth Partners expects to hit $1 billion in AUM by the end of this year, as former Fidelity executive Derek Sullivan joins the firm as its new chief financial officer.
Financial services compliance consultant ACA Group told InvestmentNews it had four clients report receiving emails that impersonated David Bottom, the SEC's chief information officer, with smaller firms being targeted.
CEO Dave Welling tells IN that the $72 billion mega-RIA has 'become the catalyst for employee ownership through M&A partnership.'
