RIA News

Displaying 36716 results
When building a tech stack, best-in-breed isn't always best
RIA NEWS FEB 23, 2022
When building a tech stack, best-in-breed isn't always best

The RIA Lab panelists offered suggestions on how advisers can navigate the challenges and opportunities of technology integration.

By Jeff Benjamin
Stratos Wealth increases stake in BWM Financial
RIA NEWS FEB 23, 2022
Stratos Wealth increases stake in BWM Financial

The Ohio-based RIA's total ownership share in BWM rises to 33% after its initial investment two years ago.

By InvestmentNews
Merchant takes minority stake in Truvestments
RIA NEWS FEB 23, 2022
Merchant takes minority stake in Truvestments

The investment will help Truvestments share its Demogronomics model for investment management and client engagement on a larger scale.

By InvestmentNews
The subconscious power of brand familiarity
OPINION FEB 23, 2022
The subconscious power of brand familiarity

The more we see a brand, the more we come to recognize it as trustworthy. This applies to financial advisers, too.

By Robert Sofia
Why traveling the world has made me a better adviser
OPINION FEB 23, 2022
Why traveling the world has made me a better adviser

Each of my adventures has taken time, energy, effort and a willingness to be pushed outside of my comfort zone. The same is true for investing.

By Francois Schramek
Gold fights off rising rates, Bitcoin to be haven in tough times
ALTERNATIVES FEB 23, 2022
Gold fights off rising rates, Bitcoin to be haven in tough times

Bullion and real U.S. interest rates have climbed this year but tightening rate cycles are not necessarily bearish for gold.

By Bloomberg
Envestnet weighs options after seeing takeover interest
ALTERNATIVES FEB 23, 2022
Envestnet weighs options after seeing takeover interest

The Chicago-based fintech has recently been approached by at least one private equity firm interested in acquiring it, according to people familiar with the matter.

By Bloomberg
Raymond James nabs $220 million Edward Jones rep
RIA NEWS FEB 22, 2022
Raymond James nabs $220 million Edward Jones rep

Jennifer Main joins Raymond James & Associates – the firm's employee advisory channel in Oskaloosa, Iowa.

By InvestmentNews
Pursuing what matters most when you go independent
INDEPENDENT BROKER DEALERS FEB 22, 2022
Pursuing what matters most when you go independent

The trend of breaking away seems to have intensified a year after most employee-advisers were suddenly left without the resources or supervision of daily office life.

By Devin McGinley
CI Financial adds $5 billion RIA, reports record financial results
RIA NEWS FEB 22, 2022
CI Financial adds $5 billion RIA, reports record financial results

The Canadian financial conglomerate acquired Newport Beach, California-based Corient Capital, while its earnings show its U.S. operations now represent its largest business segment.

By Jeff Benjamin
Baird adds reps managing $850 million at Morgan Stanley
INDEPENDENT BROKER DEALERS FEB 22, 2022
Baird adds reps managing $850 million at Morgan Stanley

A solo adviser joined the firm in Yakima, Washington, and a duo signed on in Durango, Colorado.

By InvestmentNews
Adviser managing $155 million switches from Ameriprise to SagePoint
RIA NEWS FEB 22, 2022
Adviser managing $155 million switches from Ameriprise to SagePoint

Divorce-related issues are specialty of Rehoboth, Massachusetts-based Lars Lambrecht.

By InvestmentNews
Most of the largest 401(k) funds are in the red this year on tech slump
EQUITIES FEB 19, 2022
Most of the largest 401(k) funds are in the red this year on tech slump

Of the 15 largest funds held in 401(k) plans, just one has a positive return for the year as of Thursday, according to data from Brightscope.

By Bloomberg
Rockefeller adds $850 million Merrill team
PRACTICE MANAGEMENT FEB 18, 2022
Rockefeller adds $850 million Merrill team

Greenwood Village, Colorado-based Brent Hablutzel and Zachary Bond-Stefo will operate as the Hablutzel Group.

By InvestmentNews
Charitable giving continues upward trajectory
RIA NEWS FEB 18, 2022
Charitable giving continues upward trajectory

Donations of noncash assets are also increasing, with Fidelity reporting that donors gave $331 million in digital assets last year, up from $28 million in 2020.

By Mark Schoeff Jr.
401(k) balances break record in Q4: Fidelity
RETIREMENT PLANNING FEB 18, 2022
401(k) balances break record in Q4: Fidelity

Young investors raised the total number of individual retirement accounts to a record 12.3 million, the firm said, while a record 38% of people boosted their 401(k) contribution last year.

By InvestmentNews
Focus Financial Partners looks to double revenue by 2025: Adolf
RIA NEWS FEB 18, 2022
Focus Financial Partners looks to double revenue by 2025: Adolf

The RIA aggregator reported that it finished 2021 with a bang, closing 22 deals in the fourth quarter alone. For the year, it hit a new high of 38 RIA transactions.

By Bruce Kelly
Sea level rise must be considered by investors
RIA NEWS FEB 18, 2022
Sea level rise must be considered by investors

NOAA report finds the sea level will rise a foot by 2050, which has huge implications for physical risk assessments and sustainable investing.

By Emile Hallez
Why RIAs should look at PE the way PE looks at RIAs
RIA NEWS FEB 17, 2022
Why RIAs should look at PE the way PE looks at RIAs

As private equity pours cash into wealth management, financial advisers should be exposing clients to private equity investments.

By Jeff Benjamin
The latest in financial #AdviserTech — February 2022
RIA NEWS FEB 17, 2022
The latest in financial #AdviserTech — February 2022

This month’s #AdviserTech roundup includes Wealthfront’s $1.4 billion acquisition by UBS, Gemini’s purchase of Bitria, and a couple of deals related to RIA compliance technology.

By Michael Kitces and Kyle Van Pelt