Add global scope to the list of the great advantages of InvestmentNews being part of the Bonhill Group.
Each quarter, we feature a Private Wealth Adviser supplement. In the past we have taken a U.S.-centered approach. Well, thanks to the reach our company provides, this issue marks the first time we could incorporate the work of our sister publications International Adviser and Fund Selector Asia into this supplement. I trust you’ll find the insights worthwhile.
Francis Acosta, editor at Fund Selector Asia, offers two pieces on activity in China. The first addresses the recognition that the Chinese market is no longer an emerging market. Acosta reports that 53% of Asian investors surveyed believe the Chinese equities market is now too big to be absorbed in the broad emerging market asset class, which is much higher than the portion of North American or European investors holding that view. In his other article, Acosta addresses the race among U.S. managers to gain market share in China.
Our third offering comes from Kirsten Hastings, international editor of International Adviser. Hastings shares insights on the Foreign Account Tax Compliance Act, or FATCA. This little-known tax law must be understood by any adviser who has a client planning to move overseas, either temporarily or permanently.
You can find these articles on page 20, and please do let me know what you think.
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
Celebrity endorsements, $500M in claimed assets, and a state regulator stepping in.
“We needed to become a more agile and efficient organization,” said American Express CEO Stephen Squeri.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor