Practice Management

Actionable advice and frameworks for financial advisors to build larger more durable businesses.

Advisor Upside

Creative Planning’s Peter Mallouk on Record Stores and Capitalism

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Peter Mallouk experienced digital disruption firsthand in his career. Tech advancements will continue to upend the RIA industry as well.

2 min read
Advisor Upside

Edward Jones Trims Fees for Mass Affluent Clientele

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Edward Jones, one of the nation’s largest brokerages, is shaving fees for mass affluent clients come October — albeit by just a hair.

2 min read
Advisor Upside

Rich Families’ Wealth to Grow to $9.5 Trillion by 2030

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Wealthy families with their own family offices will be nearly 200% richer by the end of the decade, according to a Deloitte report.

1 min read
Advisor Upside

FINRA Cases Hit Record Lows. Warren Wants Answers

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FINRA enforcement cases plummeted last year, sliding to the lowest level in the agency’s history, which caught the eye of Elizabeth Warren.

2 min read
Advisor Upside

Where Does Gen Z Turn for Financial Advice? It’s Not TikTok

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Parents and family members are Gen Z’s No. 1 source for financial advice, even topping social media influencers.

1 min read
Advisor Upside

Advisors Gear Up for Treasury’s New Anti-Money Laundering Rule

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Most financial advisors will have to start formally reporting suspicious money laundering activity by 2026.

2 min read
Advisor Upside

Nobel Heir Invests in US Wealth Manager

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Peter Nobel is among a group of investors partnering with the wealth manager Cardea to create a rebranded firm Fourcore Capital.

2 min read
Advisor Upside

State Street to Tokenize Real-World Assets for Institutional Investors

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Legacy firms are recognizing the importance of crypto and diving deep into blockchain technology to help institutional investors.

2 min read
Advisor Upside

SEC Sends Message Over Off-Channel Communications

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Advisory firms are having to pay hefty fines if they get caught discussing business matters on personal devices.

1 min read
Advisor Upside

Citi’s Sweeping Changes to Wealth Unit Still a Work in Progress

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America’s fourth largest bank has decided to double down on wealth management, which has resulted in plenty of new faces.

2 min read
Advisor Upside

Advisors Turn to Substack to Tune In New Clients

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The online newsletter platform is providing advisors with the tools to maintain and attract new wealth management clients.

2 min read
Advisor Upside

India’s Growing Wealthy Are Grabbing Advisors’ Attention

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With India’s wealthy citizens on the rise, wealth management firms are placing their bets on new services to help serve them.

1 min read
Advisor Upside

Morgan Stanley Faces SEC Questions Over Cash Sweeps

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Morgan Stanley is the latest firm to disclose an SEC inquiry into its cash sweep program that pays paper-thin interest rates to clients.

2 min read
Advisor Upside

Advisors Tack on New Services to Attract Richest Clients

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If advisors want to take full advantage of the growing pool of millionaires, they’ll have to provide a wide range of services.

2 min read
Advisor Upside

The Japanese Wealth Manager That Boosted Profits By 195%

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Nomura Holdings’ net income tripled in the first quarter from a year ago thanks in part to its wealth management division.

2 min read
Advisor Upside

Breakaway Advisors Aren’t Just a Wirehouse Problem

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The independent advisory industry is growing larger than ever before, and that’s becoming a real problem for RIAs.

2 min read
Advisor Upside

AI Assistants Are Taking Over Wall Street

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New AI assistants from Wall Street firms, like JPMorgan and Morgan Stanley, are projected to create billions of dollars in value.

2 min read
Advisor Upside

RIA Deals Hit Sizable Peak in Q2

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The heightened RIA deal activity points to optimism for cheaper financing in the future as firms get ready for Federal Reserve rate cuts.

2 min read
Advisor Upside

Advisory Firms Say Thanks, But No Thanks to AI

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Artificial intelligence may be one of the fastest-growing tools in business, but don’t tell that to the compliance department.

2 min read
Advisor Upside

Women Get First Crack at $84T Wealth Transfer

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Because women typically outlive men, approximately $9 trillion of the wealth transfer is projected to fall to them in the coming years.

1 min read