Finra sets big change in motion with new option for licensing grace period
The new Maintaining Qualifications Program reconciles Finra licensing requirements with common career and family timelines.
Helping suddenly rich clients stay that way
Morgan Stanley's private wealth management trains advisers to guide their clients through the peaks and valleys of first-generation wealth.
Advice-only fees gain traction as advisers opt out of managing client portfolios
Asset-based pricing still dominates in wealth management, but the trend is moving away from charging clients based on portfolio size.
Inside iCapital’s $497 million in fresh funding
The alternative investment provider increased assets on the platform to more than $104 billion last year. The secret could be its ability to combine multiple high-net-worth investors into a single private placement.
Biden’s tough tax talk fuels record M&A activity
The threat of higher taxes in 2022 is giving RIAs another reason to make a deal before year-end, while the lingering Covid-19 pandemic is forcing financial advisers to focus on succession planning.
Adviser recruiting stays cold while breakaway RIAs heat up
The prevailing trend of advisers going independent has only gathered steam, according to third-quarter Advisers on the Move data.
2021 has been a good year for CEO pay at RIAs
The industry saw another year of growth, according to an InvestmentNews study, but compensation for most positions has shown little growth.
Debt ceiling brinkmanship not a concern for advisers
The devastating consequences of a default make it unlikely to happen, advisers say. Inflation is a bigger threat.
Adviser recognized for educating on genetic blood disease
Invest in Others' Lifetime Achievement Award winner is Peter Chieco for his work with Cooley's Anemia Foundation.
Adviser’s humanitarian efforts during disasters recognized
Invest in Others' Volunteer of the Year is Kenneth 'Larry' Agee for his work with Disaster Aid USA.
Adviser recognized for his support of audiological work with children
Invest in Others' Community Service Award winner is Roger S. Green for his work with Auditory-Verbal Center Inc.
Why more advisers are taking the free dinner seminar off the menu
A free meal can help win new clients, but some advisers say the prospecting strategy is dated and projects a bad image.
Adviser wins for his work on ending generational poverty
Invest in Others' Catalyst Award winner is Ralph Ujano for his work with Helping Hands for Single Moms Dallas.
Annuities are now a big business for PE firms
Private equity firms' insurance companies accounted for more than 40% of all indexed annuity sales industrywide during the second quarter.
Why Wall Street just isn’t Wall Street anymore
The Covid-19 pandemic has caused many to question the need to work in or continue their professional lives in Manhattan. Advances in technology have made working in an office in or close to Manhattan less important.
Are retirement plan providers ready for the next 9/11?
Physical attacks are always a potential threat that companies must plan for, but cyberattacks have become a more regular concern.
Prepping fintech platforms for the next cyberattack
It’s critical for fintech firms to have incident response plans if a catastrophic event and subsequent cyberattack were to happen.
How the advisory industry has been preparing for the next 9/11 event
In the two decades since 9/11, the financial industry has been preparing for the next terrorist attack, in whatever form it might take.
When it comes to planning for themselves, do financial advisers seek advice from other advisers?
InvestmentNews Research asked financial advisers if they solicit advice from other advisers when it comes to planning their own retirement. Their answers may be surprising.
Morgan Stanley bucks trend of more advisers leaving wirehouses
The company maintained its healthy recruiting pace over the first two quarters of the year even as losses continued to mount among its wirehouse competitors.
