Charles de Vaulx, chairman and chief investment officer of International Value Advisers, has died.
Morningstar reported the award-winning value-oriented portfolio manager apparently took his own life in his office in Manhattan.
De Vaulx's death at age 59 came seven weeks after the firm announced it would liquidate its two funds and cease operations. IVA, which managed $863 million at the end of 2020, reportedly completed its liquidation on April 19.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
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Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management