Results for "registered investment advisers (RIA)"

Displaying 2,731 results

Sort: Date | Relevance

Author:

Fight for New Jersey fiduciary rule yields doomsday rhetoric from both sides

November 19, 2018

The fight over New Jersey's proposed fiduciary standard for brokers has only just commenced, and stakeholders on both sides of the spat already are resorting to gloom-and-doom forecasts, linking the rule's fate to an impending catastrophe and...

Embrace innovation to attract next-gen investors

November 19, 2018

Millennials, generally defined as Americans born between 1980 and 2000, make up the largest demographic group among U.S. adults, and they are quickly becoming the wealthiest. Research from Deloitte estimates that the total net worth of this...

They have little tolerance for sexual harassment, but most advice firms lack formal policies

November 17, 2018

As various forms of high-profile sexual harassment and assault charges have dominated news headlines over the past year, the financial advice business has been struggling with how to address an issue that largely has, until recently, been side...

Brown Advisory acquires Signature Family Wealth Advisors

November 16, 2018

Brown Advisory has reached the $67 billion assets under management mark with the acquisition of Signature Family Wealth Advisors, a $4.3 billion family office advisory firm. The deal, which was not preannounced, was completed Thursday, one month...

Mercer Advisors bags its third RIA this month

November 15, 2018

Mercer Advisors will increase its total assets under management to $14.5 billion with its latest acquisition, of Financial & Investment Management Group. FIM Group, which manages $600 million with offices in Michigan and Wisconsin, marks the...

Quick change in plans has Bob Oros headed to HighTower

November 14, 2018

Two weeks ago, it was announced that Bob Oros was leaving HD Vest Financial Services after less than two years as its CEO. The company seemed OK with the decision and pleased that he was going to stay on until March as a consultant. How quickly...

TCA by E*Trade lures Edelman Financial Engines with promise of client referrals

November 13, 2018

TCA by E*Trade is claiming to have hit the jackpot with its pending adviser referral program attracting Edelman Financial Engines, one of the nation's largest RIAs. While both the $20 billion custodian and the $200 billion advisory behemoth...

Fiduciary leader Phyllis Borzi joins Edelman Financial Engines board

November 13, 2018

Phyllis C. Borzi, former Department of Labor assistant secretary and mother of the DOL fiduciary rule, has been appointed to the board of directors at Edelman Financial Engines. The firm, which combined Edelman Financial Services and Financial...

Focus Financial Partners not afraid of market volatility

November 13, 2018

Stock market volatility is a plus for the Focus Financial Partners (FOCS) business model, according to chairman and CEO Rudy Adolf. "Volatility is actually a good thing because it shows the value of prudent financial advice," Mr. Adolf said...

Commonwealth Financial Network to launch parallel business for RIAs

November 13, 2018

Commonwealth Financial Network, already a major independent broker-dealer, intends to broaden its business by setting up a parallel business for registered investment advisers. Commonwealth has already seen at least 75 of its 1,800 reps shift...

Mariner Wealth Advisors acquires $2 billion Patriot Wealth Management

November 13, 2018

Mariner Wealth Advisors has acquired $2 billion Patriot Wealth Management. The acquisition, which will become effective at the start of 2019, is Mariner's most recent development in its growth strategy and its first venture into Houston. Mariner...

Mercer Advisors moves toward $14 billion AUM with Sigma deal

November 12, 2018

The shopping spree continues at Mercer Advisors, which announced Monday its second acquisition of the month, pushing the fast-growing acquirer to nearly $14 billion in assets under management. This week's deal involves Sigma Investment Management...

Transaction loans for independent advisers seeking a partial business sale

November 12, 2018

As the succession planning transaction market continues to accelerate, independent financial advisers who are nearing retirement and seek a partial liquidity event as part of their succession plan are realizing that prevailing wealth management...

Finra finds Commonwealth Financial overcharged these investors

November 12, 2018

Commonwealth Financial Network becomes the latest firm caught up in Finra's focus on overcharging retirement plan investors via mutual fund share classes. The Financial Industry Regulatory Authority Inc. found that over eight years through July...

Avoiding management overload by delegating

November 9, 2018

Julia Carlson never had much trouble attracting clients to the advisory firm she launched in 2009. But when she started growing by about $40 million a year, she began to recognize the firm's lack of business structure was a potential calamity...

Broker-dealer CEO sees rapid escalation of brokers abandoning commissions in favor of fees

November 9, 2018

The chief executive of a leading independent broker-dealer is seeing a rapid escalation of brokers abandoning commissions in favor of charging clients annual fees. Wayne Bloom, the CEO of Commonwealth Financial Network, said these brokers are...

USAA retreats from asset management business with $850 million sale to Victory Capital

November 8, 2018

After several years of celebrated efforts to expand the distribution of its investment products beyond its loyal membership base of veterans and active-duty military members, USAA has found a solution in selling the $69.2 billion asset management...

Increase of enforcement cases against RIAs, advisers suggests compliance may need a boost

November 3, 2018

When it comes to stereotypes about advice industry participants, investment advisers often wear the white hats. But the 2018 enforcement report from state securities regulators may put a dent in that image. The report shows that in 2017, for...

New Schwab adviser technology chief Andrew Salesky brings veteran pressure to his team

November 3, 2018

If Andrew Salesky, head of adviser technology at Charles Schwab, is in the hot seat, he's not showing it. The Schwab veteran, who took up his latest post in June, possesses an unexpected calm as he talks about Schwab's efforts to convince its...

Chief operating officers lift advisory firms to the next level

November 2, 2018

If you're not sure whether your advisory firm is ready to hire a chief operating officer, it probably is. While COOs are often dismissed as simply an added expense, adding one can be a key ingredient in helping a firm grow to the next level,...

Next Page »

1 | 2 | 3 | 4 | 5 ... 137

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.