ATS Advanced Trustee Strategies, a San Diego, California, firm managing $400 million and specializing in advanced estate planning, has changed its broker-dealer affiliation to Avantax from FSC Securities.
Sandeep Varma, principal and founder of ATS, said Avantax’s network of accountants and accounting firms, as well as its tax focus, complements his business.
Avantax said in a press release Monday that Varma wants to further grow his firm by working with Avantax’s network of CPAs and accounting firms — which can be referral sources for Avantax Financial Professionals — and by growing geographically, potentially opening an office on the East Coast.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.
Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.
Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
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
