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.
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
Celebrity endorsements, $500M in claimed assets, and a state regulator stepping in.
“We needed to become a more agile and efficient organization,” said American Express CEO Stephen Squeri.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
