EToro Group, an Israel-based online brokerage and social trading firm, has named Lule Demmissie as US CEO. She most recently served as president of Ally Invest, overseeing Ally Invest Securities, Ally Invest Advisors and API business lines.
In her new role, Demmissie will be in charge of all eToro’s US activities and creating their strategic vision.
Prior to Ally Invest, she was managing director of investment products and digital guidance at TD Ameritrade. Earlier, Demmissie worked at Morgan Stanley, J.P. Morgan and Merrill Lynch.
Demmissie was honored by InvestmentNews in 2020 as an Excellence in Diversity and Inclusion award winner.
While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.
New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.
With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.
"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
