Financial advisor news, market insights, and practice management essentials.
Announcements by two of the leading turnkey asset management platforms this week are clear moves towards open-architecture systems.
When data has become a more precious resource than oil, many wealth managers are wondering why they would want less.
OpenAI unveiled a new suite of personal finance tools last week, but how helpful they will be is still up for debate.
The affiliate model itself is nothing new, but it’s novel for a custodian.
An advisor’s role doesn’t end after an inheritance.
Even legacy tech companies like Intel and Dell Technologies are riding the AI wave with major stock gains this year.
Oil prices are only part of the equation adding up to higher costs for American consumers, retirees included.
The new separately managed account is exclusive to Ritholtz clients, putting a significant emphasis on investment strategy.
The technology is rapidly evolving beyond back-office support.
The goal is less about attracting new clients and more about catering to existing ones, according to Citi head of wealth Andy Sieg.
The price increases come as the industry continues to shift from investment management to financial planning.
The plans offer lifelong protection with a cash value component that can provide liquidity along the way.
Our survival instincts lead us to protect our portfolios, but sometimes that’s easier said than done.
With the right tools and know-how, advisors can move beyond annual tax conversations to a lifetime tax-planning mindset.
The makers of Claude and ChatGPT announced deals with Goldman Sachs, Brookfield Asset Management and others this week.
Wealth managers can often be the first point of contact when a client exhibits or admits problem behavior.
Both firms reported slight dips in their overall advisor headcounts for the first quarter.
College enrollment is one area where people tend to do their shopping first and set their budgets second.
High-yield fixed income can be useful to clients looking for yield, but preferring to find it in traditional asset classes.
The hottest advisor trend on Wall Street right now may be ghosting the wirehouses.
