The company's assets under administration rose almost 43%, and there was a surge in the portion of new accounts opened by younger investors.
Heald Wealth Management changes firms in Wellesley, Massachusetts
A new tool tracks spending and sends alerts about unpaid bills and potential elder fraud, helping families to organize and protect the daily finances of an aging loved one.
The acquisition follows the firm’s merger with Tegra118 that drove it to a $1 billion valuation. Market volatility has accelerated a focus on financial planning.
Only 16% of advisers are women, while 3.8% are Hispanic, 2.6% are African American and 2.1% Asian, according to a study by Cerulli Associates and the Investment Adviser Association.
The bill, which advances to the House floor with a strong bipartisan push, would raise the RMD age from 72 to 75, among many other provisions.
The recent Government Accountability Office report and even more recent Department of Labor guidance on cybersecurity hammer home the reality that protecting plan and especially participant data has become a fiduciary responsibility.
Called Totus Wealth Management, the group had been registered until the end of last month with MML Investors Services, the broker-dealer arm of MassMutual, the insurance company, according to BrokerCheck.
After its acquisition in July 2019, United Capital became Goldman Sachs Personal Financial Management division, combining the then-RIA’s emphasis on getting personal with the Wall Street bank's 150-year legacy. The Personal Financial Management unit is growing via acquisitions and Joe Duran outlines how advisers can benefit.
'Investment risk' doesn't mean the same thing to everyone, and some words work better than others, according to a report from Invesco.
Joel Drake in Des Moines, Iowa, is affiliating through The Wealth Consulting Group, an office of supervisory jurisdiction.
Employing insights from behavioral finance when putting together the trusted contact form can increase the likelihood a client names a trusted contact, according to a recent report from the Ontario Securities Commission.
The bill, which builds on the SECURE Act, would raise the required minimum distribution age from 72 to 75 over 10 years.
A new Morningstar report presents proxy voting as a backdoor entry to ESG investing for retirement plan participants. As advocates pressure for simpler proxy voting procedures, retail investors could gain considerable leverage.
Robo-advisers could be entryways for new market participants to gain access to crypto investing, while advocates wait for regulators to make a decision on a Bitcoin exchange-traded fund.
The seven-person group will join its Newport Beach, California, office.
Ending the step-up in basis and raising the capital gains tax rate would amount to the biggest curb on dynastic wealth in decades.
Stanley Benefit Services is based in Greensboro, North Carolina; the transaction does not include a related RIA, Fund Direct Advisors.
Connecticut-based Future Benefits Inc. serves more than 400 wealth management and retirement plan clients.
The purchase of Sullivan Bruyette Speros & Blayney will add $5 billion in AUM to the $76 billion firm.
