Zach Teutsch is proof socialists aren’t always averse to accumulating wealth as long as they can still fight the good fight against capitalism.
At least 10 senior bankers and numerous junior employees across the world’s largest wealth management market have left, according to people familiar with the matter.
Recent hires at the advisory firms come at a time when the fastest-growing RIAs are embracing technology tools at higher rates than their peers.
More than 100 individuals were named on the short list for awards in 16 categories; the winners will be announced on Sept. 9.
The largest independent brokerage was firing on all fronts for the three months that ended in June, including recruiting advisers, bringing in net new assets and completing previously announced deals to purchase advisers.
Times have changed as the giant money manager for professors puts a $97 million penalty behind it.
It's critical for wealth management firms to create authentic and compelling narratives around their sustainable investing offerings.
The Florida adviser is on deck to become the group’s chair in 2023.
The former AdvisorEngine exec will oversee FiNet, First Clearing and the wirehouse's RIA business.
Chad Bester is joining Mount Yale Capital Group in Minneapolis.
The company's success in 2021 in recruiting advisers comes at a delicate time as the financial advice industry tries to figure out the best way to return to the office amid the Covid-19 pandemic.
Chief Executive Bill Stromberg is retiring after 35 years at the Baltimore-based asset management company.
The proposals would impose public censure for CFPs who fail to self-report ethical problems. The guidelines are the first recommendations to come from the Commission on Sanctions and Fitness, which was established earlier this year.
Some of the most engaging practice stories arise from things we tell clients that they don’t hear or don’t remember, things we don’t think to tell them, and things they forget to tell us.
Brian Collins joins from Harbor Capital Advisors, a Chicago-based investment manager for Harbor Funds and pooled investment vehicles.
Kyle Smith and Michael Sandlin are leaving Truist Investment Services in Raleigh, North Carolina.
Tim Devlin and Michael Jeremiah are joining the firm in Spokane, Washington.
Not all of our old clients came with us. But the overwhelming majority came and — because of their enthusiasm for our move — some asked us to oversee even more of their assets, while others pointed brand-new business our way.
The bill, drafted by Senate Finance Committee Chair Ron Wyden, D-Ore., is aimed at reforming the unemployment compensation system, and could restrict use of the independent contractor classification. However, the proposed legislation lacks bipartisan support.
'As we went through the quarter, we didn’t expect it to slow down as much,' CEO James Cracchiolo said in an earnings call. The company reported 10,047 financial advisers across its platform at the end of June, compared to 9,894 a year earlier.
