Practice Management

Displaying 10206 results
Using the Great Resignation to drive gender diversity in the industry
OPINION AUG 01, 2022
Using the Great Resignation to drive gender diversity in the industry

There's a growing pool of women seeking second careers who come from sectors including education and nursing, professions that create skills perfectly suited for wealth management.

By Kristen Kimmell
Courting clients with cigars and whiskey
PRACTICE MANAGEMENT AUG 01, 2022
Courting clients with cigars and whiskey

Rather than free chicken dinners, Ameriprise's Eric Reinhold prefers the slow burn of bonding with clients over a fine cigar and top-shelf spirits.

By Jeff Benjamin
Buffalo Bills owner backs startup targeting independent advisory firms
PRACTICE MANAGEMENT AUG 01, 2022
Buffalo Bills owner backs startup targeting independent advisory firms

Atlanta-based Bison Wealth provides back-office support for advisory firms in exchange for a share of their revenues.

By Bloomberg
SEC slaps Aegis Capital with $2.3 million penalty
PRACTICE MANAGEMENT JUL 29, 2022
SEC slaps Aegis Capital with $2.3 million penalty

The firm was charged with inadequately supervising its representatives, who made unsuitable recommendations of structured products.

By InvestmentNews
Latest crop of diversity programs hope to create wider, more welcoming points of entry
LIFE INSURANCE AND ANNUITIES JUL 29, 2022
Latest crop of diversity programs hope to create wider, more welcoming points of entry

Goals include dismantling barriers and creating new ways to reach and invite women and minorities.

By Joanne Cleaver
National Securities shuts down after 75 years, reps rolled into B. Riley
INDEPENDENT BROKER DEALERS JUL 29, 2022
National Securities shuts down after 75 years, reps rolled into B. Riley

B. Riley Financial had purchased a large stake in National Securities Corp.'s parent in 2018 and bought the remaining shares last year.

By Bruce Kelly
Ken Van Leeuwen works with clients in two underserved niche areas
PRACTICE MANAGEMENT JUL 29, 2022
Ken Van Leeuwen works with clients in two underserved niche areas

The adviser targets younger corporate executives and parents whose children have special needs.

By Jeff Benjamin
Secrets to success for RIAs
PRACTICE MANAGEMENT JUL 29, 2022
Secrets to success for RIAs

Schwab’s annual benchmarking study shows top-performing firms are more likely to use such tools as marketing plans and ideal client profiles.

By InvestmentNews
Raymond James hanging onto RIA assets of shifting advisers: Reilly
PRACTICE MANAGEMENT JUL 28, 2022
Raymond James hanging onto RIA assets of shifting advisers: Reilly

Raymond James said that its head count of private client group financial advisers was 8,616 at the end of June, an increase of 203 compared to a year earlier.

By Bruce Kelly
SEI launches practice management hub
FINTECH JUL 27, 2022
SEI launches practice management hub

The asset manager's new resource, Growth Lab, will provide tools to help independent financial advisers with growing their practices and lead generation.

By InvestmentNews
Hightower names Robert Picard to head alternatives
ALTERNATIVES JUL 27, 2022
Hightower names Robert Picard to head alternatives

Former First Republic executive built alternatives platforms at Carlyle Group, RBC.

By InvestmentNews
Market downturn shines new light on pros and cons of stock options
EQUITIES JUL 27, 2022
Market downturn shines new light on pros and cons of stock options

In the wake of the 12-year bull market, some financial planners and clients are getting their first look at the flip side of equity compensation.

By Jeff Benjamin
Ameriprise reports robust hiring of advisers despite market turbulence
PRACTICE MANAGEMENT JUL 27, 2022
Ameriprise reports robust hiring of advisers despite market turbulence

The total head count of financial advisers at Ameriprise increased 2% in the second quarter compared to June 2021, reaching 10,245.

By Bruce Kelly
Advisor Group launches employee wellness program
INDEPENDENT BROKER DEALERS JUL 26, 2022
Advisor Group launches employee wellness program

As part of the program, confidential mental health support will be provided to employees of the company’s six independent broker-dealers.

By InvestmentNews
Drawn to specialize in serving innovators and entrepreneurs
PRACTICE MANAGEMENT JUL 25, 2022
Drawn to specialize in serving innovators and entrepreneurs

Flavia Trento says an 'accident in geography' opened her eyes to the opportunities in the innovation economy.

By Jeff Benjamin
Carson Group snags another exec from LPL
INDEPENDENT BROKER DEALERS JUL 25, 2022
Carson Group snags another exec from LPL

Former LPL exec Burt White recruits Ryan Detrick for Carson Group's newly created role of chief market strategist.

By Jeff Benjamin
The message is compliance
FINTECH JUL 25, 2022
The message is compliance

The substantial fines hitting big banks for failing to meet messaging-retention requirements shows the need for direction from the top to ensure the use of monitoring systems.

By InvestmentNews
Can your DC plan take a punch?
RETIREMENT PLANNING JUL 25, 2022
Can your DC plan take a punch?

Record inflation and 401(k) statement shock could send some retirement plans down for the count.

By Gregg Greenberg
SEC fines Private Advisor Group $5.8 million for using high-fee mutual funds
INDEPENDENT BROKER DEALERS JUL 22, 2022
SEC fines Private Advisor Group $5.8 million for using high-fee mutual funds

It's the latest action in the SEC's long-running campaign to crack down on disclosure and best-execution failures involving 12b-1 fees.

By Mark Schoeff Jr.
Soothing client concerns about their investments during mergers
OPINION JUL 22, 2022
Soothing client concerns about their investments during mergers

Let's face it, virtually no two firms have the precise same offerings. However, the partnership can work if the firms have complementary investment philosophies.

By Andy Stout