The prospect of higher taxes in the future means clients and advisers are looking at strategies that take advantage of the lower taxes available this year, said Nicole Gopoian Wirick, president of Prosperity Wealth Strategies.
Estate tax exemptions that sunset in 2025 require planning to efficiently pass on wealth to the next generation, said Kevin Lao, founder Imagine Financial Security.
Regulatory pressure and demand from investors have sparked hedge funds’ awareness of ESG, along with the chance to profit by investing in innovative companies and renewable energy, says Cliodhna Murphy of MuFG Investor Services.
Controlling taxes is the top move investors can take, said Joe Huber, founder and CEO of Huber Capital Management, which has $400 million under management.
Business ethics is one area that both male and female investors want to support with their ESG investment allocations, said Kent McClanahan, RBC's vice president for responsible investing.
Digital currency firm will file to convert GBTC to exchange-traded fund as soon as the SEC seems supportive, said Rayhaneh Sharif-Askary of Grayscale Investments.
Goldman Sachs is growing its Personal Financial Management unit via acquisitions, and Joe Duran, PFM's CEO, notes that acquired firms can benefit from the referrals PFM provides, as well as its infrastructure and systems.
Online brokerage Robinhood has ramped up its recruiting of financial advisers, IN’s Advisers on the Move database shows. Senior research analyst Devin McGinley says Robinhood’s net new hires of 37 in Q1 compare to the 52 it hired in all of 2020.
A recent SEC risk alert cited “the lack of standardized and precise ESG definitions.” The Investment Company Institute has proposed a nomenclature for ESG investing, but CEO Eric Pan says the SEC alert shows “more work should be done in this space.”
Clients often ask about the definitions of ESG terms, the performance of ESG investments and how they can have an impact on issues they care about, said Jenifer Cannon, vice president of national accounts at Impax Asset Management.
John Streur, CEO of Calvert Research & Management, reflects on ESG investing’s growth and where it’s headed
Consumers’ interest in annuity products is likely to increase once the financial markets enter a downturn or see renewed volatility, said Jasmine Jirele, the new CEO at Allianz Life.
Devin McGinley, our Senior Research Analyst, explains the value of our 2021 Adviser Benchmark study for firm leaders, and implores our audience to take part in the study.
Greg King, CEO of Osprey Funds, which recently launched the Osprey Bitcoin Trust, predicts the SEC will make “some progress in the crypto space on a number of fronts” once Gary Gensler is confirmed as chairman.
InvestmentNews goes behind the scenes of the March techSTACK$ podcast, asking its hosts their reactions to the social media expertise of famous TikTok influencer Humphrey Yang and other guests.
The CEO and president of Empower Retirement, which recently surpassed $1 trillion in assets, also sees IRA rollovers as a driver of new business.
Regulation of ESG ratings likely out of Europe and eventually guidelines from the US, too, says Remy Briand, head of ESG for MSCI.
Recent SEC announcements on ESG topics show this will be a “front-burner” item for the agency in coming years, says Bob Smith of Sage Advisory; he adds that that’s hardly surprising given the amount of money flowing into sustainable investments.
Wine can serve as an alternative investment that provides balance to a portfolio, says Gemma Castle, CFO at Cult Wines, which offers fine wine asset management. Castle says wine has been "a stellar performer" amid pandemic-induced market volatility.
ESG investors focus on exactly what is in their portfolios, as well as who is managing their investment, says Tim Coffin, director of sustainability at Breckinridge Capital Advisors.
The 7% rise in those receiving pro bono planning help in 2020 reflected both planners’ awareness of the need amid the pandemic and the fact that tech like Zoom lets planners help more, says Kristin Pugh, chair of FPA’s pro bono advisory committee.
Nicole Casperson and Sean Allocca on their latest tech STACK$ podcast episode: 'Bitcoin: enigma no more.' Why tackle BTC now, what did they learn, and are they going to buy into crypto themselves?
Trillium CEO Matt Patsky, who says his interest in ESG investing started at age 11, believes the pandemic and BLM have worked to push firms to think more about D&I, equity and other labor issues.
It's time to make planning available through all life stages and economic situations.
Conventional investment firms finally recognized in 2020 that they need to have ESG offerings.
Customers can go into BrokerCheck to look at a broker’s disciplinary history, but David Meyer, president of the Public Investors Advocate Bar Association, says Finra should show that data at the firm level so investors can assess a firm’s culture.
Mutual funds saw record outflows in 2020, while ETFs had record inflows. Todd Rosenbluth, director of mutual fund and ETF research at CFRA, weighs in on the outlook for the two types of funds, including what might happen in a bear market.
Nick Harness, chief information officer of Kestra Financial, recommended advisers also seriously consider cybersecurity insurance.
It's now possible to provide clients with data not just about how their impact investments performed financially, but also about the effect they're having on the environment or social equity, says Brett Wayman, Envestnet's vice president of impact investing.
Dieter Waizenegger, executive director of CtW Investment Group, describes how his firm encouraged Electronic Arts to make its pay practices more equitable
Cynthia Sachs, managing director of Yieldstreet and Athena Art Finance, explains why it may be better for clients who need cash to take a loan against their works of art rather than selling the art.
Fiona Reynolds, CEO of the UN's Principles for Responsible Investment, says her group would like the Biden administration to prioritize climate change by putting in place policies that set the U.S. on a path to achieving zero net emissions by 2050.
The managing director of the Center for Financial Planning says increasing the diversity of the planning profession can help it deal with the impending departure of older planners
Javelin Strategy's head of wealth management is projecting robust growth in U.S. ESG investing, as the U.S. follows Europe’s lead, but he notes that European regulators have done more to impose universally accepted standards on such investments
Ron Homer, chief strategist for U.S. impact investing at RBC, cites mortgages for low- and moderate-income residents of the black community as an example of an impact investment that can benefit both the community and investors.
The CEO of US SIF talks about the group’s policy recommendations for sustainable investing going forward, the challenges involved in getting more ESG offerings onto 401(k) menus and ways to learn more about sustainable investing
The president of Timothy Plan talks about the history of screened investing and how biblically based funds like Timothy Plan differ from ESG funds.
Fung, chief revenue officer at AltoIRA, explains how the company allows people to use their retirement funds to invest in alternatives online.
The pandemic accelerated the industry’s adoption of technology, and Burt White of LPL Financial says advisers can make that work for them by implementing solutions that free them up to scale their businesses and spend more time with clients.
Lisa Hopkins, new president of the North American Securities Administrators Association, says the group's priorities include the implementation of Regulation Best Interest and the continued growth in private markets
Lisa Graham, director of product management at eMoney Advisor, says the pandemic has accelerated the industry’s adoption of technology, but cautions that advisers need take into account clients’ level of comfort with digital platforms.
The associate professor for the College for Financial Planning says COVID-19 has been a test for how investments that prioritize ESG criteria will endure through market volatility
Oppenheimer's Ed Harrington discusses his firm's InvestCloud partnership and how financial advisers should be using tech to scale their businesses
The CEO of FP Transitions talks about what he’s seeing in the market for financial advisory firms, including an increase in supply but also sellers that are getting pickier about finding the right fit
The InvestmentNews contributing editor discusses recent research on raising the maximum amount of earnings subject to Social Security taxes and what that change could mean for the program’s funding.
The chairman and president of Carillon Tower Advisers talks about incorporating ESG data into investment research and which aspects of ESG investors are focusing on.
The CEO of Riskalyze talks about how the pandemic and this year’s market volatility have affected clients’ risk tolerance and the way advisers work with their clients.
Morningstar’s director of investor education explains why it’s so hard for investors to get a handle on ESG funds and talks about a new Morningstar platform that helps them assess which ESG issues funds are focusing on.
The founder and CEO of Verdence Capital Advisors talks about which clients should be putting money into private investments and gives some tips on how to go about doing that
The London-based editor of ESG Clarity talks about the greater interest in ESG investing in Europe and how such investments have performed amid this year’s volatility
As the pandemic highlights how few Americans have set aside sufficient funds for a rainy day, the vice president of Seacoast Investment Services talks about how to help clients assemble an emergency fund.
The managing director of Cult Wines talks about how investors can use wine to diversify their portfolios.
Morningstar’s director of policy research talks about what DOL’s regulation would mean for the use of socially responsible investing in retirement plans
Krista Niswander Goryl of Wells Fargo answers: How can advisers help their female clients?
Dave Altshuler of Wells Fargo answers: How can advisers protect their legacy when it's time to transfer their businesses to the next generation?
Mr. Parks of Keel Point discusses with Jeff Benjamin what faith-driven investing is, whether it makes sense for every adviser and what products are available
The Morgan Stanley Investment Management managing director talks about MMT, how it works and whether it could work in the U.S.
The senior director of ETF research at CFRA talks about ETFs that are trying to attract assets by cutting fees and the extent to which that strategy is working
The head of ETFs at American Century talks about what the new type of exchange-traded fund means for the industry and what it will take to get advisers on board.
Sue Toigo, founder of the Toigo Foundation, which supports minority professionals in finance organizations, talks about the role of mentoring in fighting inequality.
The managing partner of Stearns Financial Group discusses why divestiture is less effective than shareholder activism at convincing companies to make changes
The co-founder and president of the Institute for the Fiduciary Standard talks about criticism of SEC ‘regulation by enforcement,’ why dual registrants are susceptible to disclosure violations, and the promise of Reg BI.
The TD Ameritrade managing director answers, what are brokers who are considering a move looking for?
Morningstar's director of personal finance answers, are followers of the 'financial independence, retire early' school of thought onto something?
The co-founder of Ethic Investing answers, why are investors seeking responsible investments during this period of market turbulence?
The president and CEO of the Financial Services Institute explains how the group is keeping its eyes on the SEC and other regulators
LPL's senior vice president of advisor financial solutions answers, why do so many financial advisers ignore succession planning?
Morningstar's director of global exchange-traded fund research answers: Is there a downside to the move towards reduced mutual fund fees?
The investment management consultant of Hake Investment Group answers: What motivated Raymond James to launch a Pride Financial Advisers Network?
The CEO of Cornerstone Capital answers: What should advisers be asking clients about their values?
President of Northern Trust Asset Management answers: What's the message for the financial services industry when it comes to diversity?
Director of the MIT Age Lab answers: How will the pandemic transform the way Americans live going forward?
The founder of the Association of African American Financial Advisors answers: how do we make sure the financial services industry is meeting the needs of all Americans?
Cristofer Cabanillas of Monterey Private Wealth said people are looking for honest answers and help with financial decisions
Jon Dauphine, CEO of Foundation for Financial Planning, describes new $1 million fund providing emergency grants to groups helping health care first responders and others impacted by the pandemic
Hannah Moore of Guiding Wealth describes how the Financial Planning Association is helping students experience the financial advice business without internships this year
Consumer Federation of America's director of investor protection answers: Why haven't firms done more to get ready for the June 30 implementation date?
Keel Point adviser Thomas O'Connor describes how his firm is supporting a Huntsville, Ala., foster home for disabled residents.
Torie Happe of FIX Flyer uses Zoom technology to give isolated first graders a classroom feel
The Envestnet CEO answers: What has the pandemic-induced quarantine shown advisers about their readiness to work remotely?
The Adviser Investments' chairman answers: why don't RIAs deserve to take PPP loans from the government?
CEO of Hearsay answers: How are advisers successfully using social platforms to connect with clients during the quarantine?
Thrivent's Luke Winskowski on: How are you helping clients support charitable causes?
Impact Assets' Margret Trilli describes new fund that's sending capital to front line heroes and others supporting those impacted by COVID-19 fallout.
Riskalyze CEO answers: How is your fintech firm making the masks we wear more comfortable?
Captrust's Tiffany Larew describes how employees raised $145,000 to aid U.S. nonprofits that are helping those most hurt by pandemic's fallout.
InvestmentNews' CEO answers: How has InvestmentNews used technology to better engage advisers during this unique time?
Nyle Bayer of Helios Quantitative is organizing kids age 5 to 15 to play ball as soon as Sacramento's fields are open.
Zac Larson of IntentGen answers: How did you mobilize clients to support the Chicago community?
Charles Adi of The Blueprint 360 answers: How has the COVID-19 pandemic impacted your business?
Kristen Lucas is sending hand drawn cards from her daughter to Luma Wealth clients who are living alone in quarantine
Integrated Partners' founder shares good deeds he's seeing in the industry, including how one adviser is making sure students in his community have food, and another firm that is offering small businesses free financial advice.
Ken Van Leeuwen finds bringing food to older clients in Princeton, N.J., helps him feel better during this challenging time
Advisory firm held a "positivity parade" in Omaha.
The marketing expert at Twenty Over Ten answers: how do I generate and convert leads through my firm's website?
Redtail Technology sales director describes the importance of sharing positive adviser news
Founder of AdvisorEngine answers: How did the deal go down?
Founder and CEO of MarketCounsel answers: are advisers rethinking their plans to go independent?
The managing partner at RLR Strategic Partners answers: When will we see merger and acquisition deal flow pick up?
The American Private Wealth president answers: Did you tell your clients while you were suffering from COVID-19?
InvestmentNews' Devin McGinley describes policies and perks that make companies that earned Best Places to Work for Financial Advisers recognition stand out.
Thomas Fross, co-founder of Fross & Fross Wealth Management, answers: How did having coronavirus impact your business?
Danilo Kawasaki of Gerber Kawasaki answers: What do your employees say makes your firm a best place for financial advisers to work?
CEO of Investment Adviser Association answers, how hard will it be for advisers to meet form CRS requirements by June 30?
The Buckingham Wealth Partners' head of planning strategy answers: Is technology supporting advisers amid the new normal of COVID-19?
Federated Hermes' director of responsible investing answers, how has the pandemic impacted ESG investing?
InvestmentNews' retirement reporter answers questions from Matt Ackermann, director of digital content, about this week's cover story on how the pandemic changes the market outlook for annuities.
CEO at Ritholtz Wealth Management answers, where are markets headed?
CIO at W.E. Donoghue & Company answers, how are event-driven bear markets different?
CEO of FiComm Partners answers, how can advisers best add video into their mix of client communications?