Edelman Financial Engines has hired Suzanne van Staveren, formerly chief financial officer for Goldman Sachs’ personal financial management group, to be its executive vice president and chief financial officer.
Van Staveren will work on Edelman’s long-term growth strategy and financial objectives and oversee a team of more than 90 professionals at the firm working on finance, strategy and small retirement plans, the company said in a release.
At Goldman, van Staveren helped integrate Ayco, the firm’s workplace financial planning business, and United Capital. Previously, she was chief operating officer of the Americas institutional business within Goldman Sachs Asset Management. Earlier in her career, she worked at Fidelity Investments and AXA in a variety of finance and strategic functions.
While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.
New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.
With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.
"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
