Focus Financial Partners has landed one of its biggest RIA partner firms yet with the addition of LVW Advisors — a pickup that also signals the wind-down of Convergent Wealth Advisors' institutional business.
Investors, attracted by the allure of guarantees, gobbled up variable annuities during the second quarter, placing some insurers on pace to beat estimates and bringing broker-dealers closer to pre-crisis VA sales levels
Adviser revenue recovered last year to pre-crisis levels as assets continued to climb, but growth expectations for future growth have soured.
Financial advisers are stuck on Jackson National Life Insurance Co.'s variable annuities
The number of investment advisers registered with the Securities and Exchange Commission has fallen for the first time in 10 years, while the assets that they manage have increased sharply, according to a report released last week
The MDE Group Inc., a $1.3 billion institutional wealth management firm, is making an official expansion into the registered investment adviser business with the launch of Risk 3.0 Asset Management
Market volatility derails tie-ups; 'buyers and sellers backing off'
Deal gives smaller firm foot into university employee market
National consolidators, PE firms leading the charge; fourth quarter deals already hopping
Draw your own conclusion, but high-profile RIA Edelman Financial is bailing on the indie-rep business. In explaining the move, co-founder Ric Edelman called the indie B-D channel 'severely flawed,' adding that many broker-dealers will have trouble surviving.<br><b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110923&Category=FREE&ArtNo=923009998&Ref=PH>What top RIA execs make</a>
Fifth deal for form this year
EFG and Burns Advisory merge; 'scale in this business is key'
As The Charles Schwab Corp. officially begins promoting its new Independent Branch Services franchise program, observers wonder how the firm will pull off the ambitious plan to expand its footprint with independent contractors
Ranked by 2010 assets under management
Ranked by 2010 assets under management
It was a good quarter for the giant asset manager. Income soared, assets under management climbed, and the exodus of Barclays clients slowed dramatically.
A parade of Industry experts and regulators testified in front on a Congressional panel today on whether investment advisers need a self-regulatory organization. The upshot? An SRO is necessary -- and Finra may be the best bet for the job.
A Brookings Institution proposal would take away Americans' variable tax breaks on retirement contributions in exchange for a flat tax credit to be deposited automatically into the saver's account.
Attendees at annual convention urged to diversify their workforces; 'you have to be willing to be uncomfortable'
Marty Kurtz is trying to bring cultural change to the association
