"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.'
A heat wave couldn't stop the party as top advisors and firms swapped EBITDA for trophies, dance moves, and a red carpet celebration at the Edison Ballroom in Times Square.
Kestra president John Amore expects to "win our fair share" of Commonwealth advisors, and "particularly those that don't want to be part of a 30,000 advisor firm," amid their looming sale to LPL Financial.
"When we complete our five-year plan and we've recruited the advisors we want to recruit, advisors will be the single largest group of shareholders within our firm," &Partners founding partner Kristi Mitchem told InvestmentNews.
