To paraphrase Josh Brown in his informative, and entertaining, interview with Matt Ackermann on INTV last week — and I take no satisfaction in saying this — the current crisis has proven the value of having a solid internal tech platform.
[Video: 3 Questions: Josh Brown]
Unlike Ritholtz Wealth, InvestmentNews was not born a remote firm, but over the past 12 months, we have invested in technology that enhances collaboration, and that has facilitated our quick shift to becoming a remote company that continues to deliver our weekly edition, as well as an active website.
Prior to mid-March, we assembled the print edition in the office every Friday. Then, one Thursday, we were told that the office would be shut at the end of the day. Our tools allowed us to complete the issue the next day, and then to select and transition to a digital version so that we could continue to serve our readers who aren’t able to receive issues at the office anymore.
I share this anecdote not to celebrate what’s happened in the past, but to emphasize that companies like ours and Josh’s have been rewarded for looking ahead. Importantly, we all need to take time now, in the midst of this crisis, to keep looking beyond the current moment to anticipate and develop solutions for whatever may come next.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
