The two alts tech platforms are forging new alliances to support evolving portfolio construction and due diligence in private markets.
Action follows years of investigation by US law enforcement.
While it's a useful rule of thumb, wealth industry experts agree Social Security benefits, retirement income planning, and individual expenses should also be factored in.
The deal aims to help advisors streamline their compensation processes while expanding AdvicePay’s reach across the full revenue cycle.
The independent B-D giant is burnishing its appeal to independent advisors with a new offer to take minority stakes in qualified practices.
Wall Street breakaways bolster Americana's reach in Houston as a 10-advisor ensemble in New Jersey make their move to LPL.
Limra data show RILAs and variable annuities outperforming, while fixed-rate deferred sales lag their 2024 highs.
With membership in the "century club" expected to quadruple in three decades, joint studies from Nationwide and the TIAA Institute shed new light on people's planning blind spots.
As you work with clients to navigate the current markets, stay grounded in their values and priorities.
Also, Merill Lynch scores a billion-dollar recruitment win in New York with a sports-focused advisor defecting from UBS.
The new in-house talent sourcing service at Raymond James Financial Services seeks to help independent advisors fill gaps in various roles, ranging from associates to entry-level advisors.
Toward the end of last year, UBS said it was redrawing its pay plan for advisors, but "every time one of the big firms like UBS tinkers with the advisors' compensation, some of them say, that's it, that’s the last straw," recruiter Danny Sarch said.
The Finra filing cited an arbitration which involved seven claimants seeking compensation for alleged securities law violations.
"A year ago, if you asked me if there was a future for the small, independent wealth business, I would have replied with an emphatic, 'Yes.' Today, I’m not so certain."
The cost of living still driving adults back home to mom and dad
"There's a big pull to alternative investments right now because of volatility of the stock market," Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Last week's layoffs totaled at least 130 Cetera employees, according to a senior industry executive.
The leadership changes coming in June, which also include wealth management and digital unit heads, come as the firm pushes to offer more comprehensive services.
As the next generation of investors take their turn, advisors have to strike a fine balance between embracing new technology and building human connections.
IFG works with 550 producing advisors and generates about $325 million in annual revenue, said Dave Fischer, the company's co-founder and chief marketing officer.
