Building flexibility into every plan is key to the new portfolio mindset
Beyond money management, advisors actively guide and influence their clients' lives in crucial ways.
Four-fifths of non-public banks are projected to integrate AI by 2027.
Also, Raymond James continues its Commonwealth recruitment streak, while Wells Fargo adds $1.1 billion in new assets from LPL, RBC, and TD Private Client Wealth.
The banking giant has given up its holdout position among Wall Street lenders as new jobs data from August show "clearer evidence of deterioration."
The latest updates aim to help with complex decisions around succession planning and tax changes around the One Big Beautiful Bill Act.
Stifel's total is now more than $176 million in damages, legal fees and settlements related to Chuck Roberts, who was barred from the securities industry this summer.
The newest additions to Carson's leadership come with experience from Commonwealth, LPL, Wealth.com, and SageView Advisory Group.
CFP Board, the Financial Planning Association, and the National Association of Personal Financial Advisors reiterate the need for a harmonized federal and state-level approach.
"Despite the weak headline ... Equities are reacting positively, and bonds yields down as this softer print cements a Fed rate cut in September, with the door open for more easing through year-end," said Lara Castleton of Janus Henderson Investors.
LPL, Hightower, UBS among the firms losing advisor teams in latest moves
The problem that Bluerock is facing in getting shareholder approval, according to industry observers, is that the fund, after a listing, could trade below its net asset value.
The bank's alliance with the asset management behemoth will see Citi unveil a new customized portfolio offering for clients across nearly 100 countries.
The deal announced Thursday will see the firms offering target-date strategies, model portfolios, and other vehicles with a dose of private investment exposure.
Aspen Wealth's New England Private Wealth Advisors has also snapped up a $1.6 billion firm in New Hampshire.
Fidelity's latest quarterly retirement analysis data show sustained plan contributions, with account balances rebounding from a brief dip.
Employers are starting to take notice, but there is still some way to go
The deal is expected to be worth $2.7 billion when it closes, likely in Q4 2025
For eligible entrepreneurs, new provisions for qualified small business stock widen the potential for capital gains tax exclusions.
"The settlement proceeds are being used to reimburse outstanding legal and other third-party expenses in accordance with the funds’ governing investment documents, not as corporate profit," a company spokesperson told InvestmentNews.
