Merchant Investment Management, a New York-based investment firm specializing in the financial services industry, has made a minority investment in Truvestments Capital, a Sarasota, Florida-based registered investment advisory firm managing $300 million.
The investment, terms of which were not disclosed, will help Truvestments share its Demogronomics model for investment management and client engagement on a larger scale.
NFP data shows an engagement gap is holding back retirement readiness despite high trust.
Alan Feutz leaves the wirehouse in Illinois, while a team of five make a break from their Connecticut firm.
“The White House has extremely strict ethical guidelines with respect to issues like this,” said Press Secretary Karoline Leavitt.
Just how much does it cost for a financial advice exec to stay out of prison?
The advisor both prices FSK's private loans and gets paid on those prices, the suit claims
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
