Many magazine covers bedeck the walls of the InvestmentNews offices (which I remember fondly), but two stand out above the rest.
In our largest conference room, from the southwest window one can see two icons of the New York City skyline: the Chrysler Building in the foreground and the Empire State Building right behind it. And on an adjacent wall are magazine covers with two more icons who loom just as large: Jack Bogle and Charles Schwab.
These two remarkable individuals represent IN’s inaugural class of Icons and Innovators. And in reviewing each class since, one must marvel at the depth of talent in this industry.
It’s fitting that this year we add a class that has broken ground across all aspects of financial advice, with a bent toward technology.
The individuals and firms highlighted in this issue represent the efforts being made to improve service to all clients across the advice spectrum. They are diverse and dynamic.
That description fits this year’s Icon, Sallie Krawcheck, perfectly.
The word “iconic” gets thrown around often, but it’s hard to find a more apt term to describe the career of a woman who has led wealth management divisions for two of the major wirehouses and then launched Ellevest, a company that serves the underserved community of women.
Congratulations, Sallie Krawcheck!
The advisors on the move include two brothers leading a family practice in Connecticut, and a husband-and-wife tandem working with business owners in the West Coast.
Business owners and their heirs may be making assumptions instead of having conversations, creating challenges for succession planning, according to new research.
The Kansas-based mega-RIA is giving clients access to dedicated care coaches as new surveys show caregiving duties are straining Americans' finances.
Aspen's affiliated RIAs now manage $15 billion after the New York-based platform added Kalamazoo-based CWS Financial Advisors.
The Chicago-based mega-RIA's latest additions, spanning six office locations and over 40 team members, pushes its W-2 platform assets to roughly $35 billion.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
