Financial advisor news, market insights, and practice management essentials.
Assets at independent advisory firms grew at an annualized rate of 11% over the past five years, while wirehouse assets increased just 8.5%, according to recent data.
Wealth managers will need to be ready for client questions about gold, particularly from those worried about geopolitical risk.
The bank is reportedly opening up access to clients in Switzerland ahead of a global rollout.
Two of Wall Street’s heavy hitters have done a bit of housekeeping in their wealth and asset management units.
Some of the Commonwealth advisors currently in the LPL system could wind up leaving later this year.
A record year for deals highlights the succession challenges RIAs are struggling to overcome.
The technology isn’t just reshaping workflows, it’s redefining the industry itself.
After a take-private deal in 2024, the company recently announced a $1 billion spending spree to supercharge growth.
Nearly half of Americans say AI beats everyone they know regarding financial guidance, according to a new survey.
The firm now manages just $2 billion more than Dimensional in active ETF assets.
Snowden, who has been the firm’s COO since 2023, will replace longtime chief Kevin Keller.
The industry’s largest firms are working to keep their workforce happy and changing how advisors move.
Whether his political appeal translates into assets remains to be seen.
The growth illustrates a savings mindset that investors have been bolstering for decades. However, it’s different on the individual level.
No reason to chase yield as advisors stick to quality fixed income.
The country’s biggest banks released quarterly reports this week, while their stock prices slumped.
New products offer some of the retirement stability once provided by pensions, according to a new study.
Galli’s former life as an elementary school teacher and the mindset to break down complicated topics is what drives his work as an advisor today.
Despite some minor risks, the American economy and markets are far from being in decline, according to the investment bank.
Shipping clients off to Texas or Florida, where there are no income taxes, is far from the first option advisors consider.
