Turnkey technology and wealth management provider Envestnet Inc has entered into an agreement to acquire the U.S.-based portion of FundQuest Inc. from BNP Paribas Investment Partners for $24.4 million in cash for all outstanding shares of the firm.
Financial advisers expect to ramp up hiring this year, but job hunters who want to get ahead of the pack are advised to look at the hiring process from the employer's point of view
Credit Suisse Asset Management LLC has nabbed a key executive to oversee its distribution in the wealthy and third-party retail channels.
The Vanguard Group Inc. and Fidelity Investments top a list of firms in the asset management industry ranked by how well they use social media.
The following is an edited transcript of the webcast “Key Findings of the <i>InvestmentNews</i> RIA Technology Study,” which was held May 5
BrightScope Inc. has launched a free online service that will allow investors to look up financial advisers
Active users -- undeterred by regulatory hurdles -- say they are attracting clients using social media. Moral of the story: don't procede at your own risk.
Given the welter of compliance issues that they face, financial advisers remain understandably cautious about using social media.
Advent Software Inc.'s announced $73 million deal for Black Diamond Performance Reporting LLC is the biggest news in portfolio management and performance reporting in years
Financial advisers and broker-dealers apparently aren't sitting on the sidelines waiting for Finra and the SEC to figure out how the financial advisory industry should use social networking
History is unimportant in assessing clients' future investments, says UMass professor Thomas Schneeweis. What is important? Sussing out risk.
Offerings such as Flat Fee Portfolios aim to help advisory firms by taking over cumbersome smaller accounts that don't generate large charges. So why aren't said firms jumping at the offer?
Growing frustration over prospective hires' professionalism, honesty — and comp demands; 'deficient passion for the industry'
You know the facts: 10,000 baby boomers are retiring each day, a significant number of pre-retirees change financial advisers within five years of retirement, and 401(k) rollovers don't necessarily wind up under the management of long-term advisers
Do you suffer from compliance anxiety? No need to fear: Actiance Socialite is her
The toughest breakups are the ones where both parties involved still care about each other, but circumstances force them apart
