The wealth firm’s latest leadership hire will take charge of developing innovative investments and client solutions.
The RIA industry faces challenges related to changing demographics and rising expectations, Duran says.
The broker-dealer says it will provide ‘innovative solutions and services’ to the credit union.
The scholarship was created by Peggy Ruhlin, a certified financial planner with a lengthy career in wealth management.
The firm welcomes a $350 million duo in New England, and an advisor in Florida who had managed a $235 million book.
The RIA’s first M&A transaction in Maryland sees it snap up Keeney Financial Group, a 10-member team.
The acquisition of the Seattle-based multifamily office deepens the national RIA’s UHNW presence in the Pacific Northwest.
The near-parity between interest payments on mortgages and those on other kinds of debt, like credit cards and student loans, is unprecedented in data going back to the 1970s.
Prometheum recently secured approval as a special purpose broker-dealer.
Using federal tax data, EBRI offers a ‘starting point’ to estimate the retirement program’s impact on lower-income workers when it starts in 2027.
Two advisors have switched to the $17B AUA firm.
The rapidly growing firm has added RIAs in New York and Michigan to its national footprint.
Direct indexing, separately managed accounts, and consolidated reporting are keys to winning high-net-worth business, according to research from Cerulli.
‘We are going down a path of trying to change this paradigm of financial advice.’
Last November, the IRS proposed regulations that would fundamentally redefine DAFs.
Wirehouse’s new concierge desk broadens opportunities for wealth clients to invest in private secondary markets.
The two wealth industry veterans are bringing over $140 million in advisory, brokerage, and retirement plan assets.
'Wealth management deals held pretty firm last year compared to all other areas of investment banking,' one banker notes.
More than four in ten US households have IRAs, according to an Investment Company Institute report.
