The purchase of Virginia-based Ascent Group keeps Alera on track to meet its goal of reaching $10 billion in AUM this year.
His 10 calls for this year suggest a smoother ride for the markets that could depend on more action from Washington.
While stock and bond funds have seen assets decline, direct ownership of individual bonds has increased over the past year.
As account balances shrink in stride with the financial markets, RIAs are increasingly embracing flat-fee pricing.
Despite Dynasty's sales of minority ownership stakes to Schwab and a private equity investor, a public stock offering is still the best long-term strategy for the platform, the CEO says.
From asset flows out of mutual funds and into ETFs, to mutual fund-to-ETF conversions and the emergence of single-stock ETFs, the liquid, low-cost, tax-efficient ETF wrapper has notched a lot of wins this year.
A DeVoe & Co. report shows buyers and sellers are worried about the impact of the equity markets and overall economy on RIA valuations, which could drag down the pace of deal activity.
Institutional investors are over-diversifying and taking on too much uncompensated risk, leaving them with expensive index portfolios.
Trovata will host the Morgan Money corporate investing and trading solutions.
Jessica Goedtel is building an advisory practice where people who earn a living via online platforms like OnlyFans feel welcome.
