On Thursday, May 14, InvestmentNews took two steps toward the future of the financial advice business. The first step is a reaction to the current reality; the second is the latest in an important, ongoing trend in the market.
Step 1 saw the initial evolution of our event business when we shifted the first of our 2020 Women Adviser Summits to a virtual platform. In an industry that is so people-focused, there’s nothing surprising about the desire to return to communal gatherings. This virtual event experienced great engagement, with hosts fielding questions in a sharp, concise format. The format will be enhanced as time goes on, but it is here to stay. This initial effort proved that it works.
Step 2 reemphasizes the ongoing, long-term effort by InvestmentNews to accentuate the value of expanding the sphere in which your business operates.
Finally, several threads stood out for me during the virtual sessions, but none more than the importance of relationship-building. Everyone strikes a different relationship chord, and the more diverse an office staff is, the more relationships can be built.
So we all must continue to embrace inclusion and diversity, even as we find ourselves working further apart from one another in these trying times.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
