Financial advisor news, market insights, and practice management essentials.
The wirehouse will now let some clients buy and sell various cryptocurrencies on its self-directed platform.
Firms use acquisitions to add expert advisors in tax, retirement, trust and estate planning.
Real estate investment trusts can offer income and diversification away from highly valued equities and fixed income assets.
Adopting AI effectively or replacing ad-hoc new client goals with a formalized plan can also lead to incremental yet meaningful growth.
Strong market conditions and the need for sophisticated advice were major boons for wealth units in Q2.
With more than half of married or engaged couples under 45 signing prenups, advisors can help clients start their marriage on solid financial footing.
For TXSE to carve out a meaningful niche, it will need to win exclusive listings rather than simply host securities already trading elsewhere.
Many advisors have been reluctant to move legacy portfolios into standardized models because doing so risks significant capital gains taxes.
With new borrowing limits and shifting repayment options, clients may need to rethink how they plan to pay for their kids’ education.
It’s not just the novices. Even sophisticated, accredited investors can fall prey to these traps.
Blackrock announced the launch of IQQ, joining Invesco and State Street to offer a Nasdaq-100 tracking ETF.
A new proposal would recognize clients as accredited investors, but some advisors have doubts.
It’s become harder for direct-indexing strategies to generate the tax losses that underpin much of SMAs’ appeal.
Despite being one of the largest companies by market cap, SpaceX won’t be among the heaviest-weighted names in the index.
The UBS Global Wealth Report says the ranks of the wealthy are swelling at every income level.
The agency is allowing some contributions to be considered “current interest” gifts rather than “future interest” gifts.
Low-cost funds can come with tradeoffs when it means owning the losers right alongside the winners.
Just because companies may be given the choice of reporting results only twice a year doesn’t mean all will do so.
