S&P Dow Jones' updated methodology for some of its indexes has affected $300 billion in ETFs, the Financial Times reports. Mergers & Acquisitions looks at whether evergreen funds can grow, given their promise of greater liquidity for investors. These are among this week's investment must-haves for wealth advisors. Source link
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Two North American-based academics used physics to help pioneer advances in AI — and now they're being rewarded for their contribution with the 2024 Nobel Prize in Physics. Royal Swedish Academy of Sciences DESIGNATED on Tuesday, Princeton Professor Emeritus John Hopfield and University of Toronto Professor Geoffrey E. Hinton were the latest winners of the…
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It is often the COO who will lead their firm through implementing a new process or adopting a new technology tool, so a common question I ask guests about The COO Roundtable Podcast is, “How do you successfully affect change in your organization?” Many assume that the COO role is primarily technology-oriented, but in fact,…
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Opinions expressed by Entrepreneur contributors are their own. My entrepreneurial journey started when I got a bag of bangles and started selling the jewelery during my primary school days. By high school, I had moved on to my second business: creating custom lip balms. I even set up an Etsy shop to sell them. This…
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(Bloomberg) — Dynasty Financial Partners, a provider of back-office services to independent investment advisers, won backing from BlackRock Inc. and JPMorgan Asset Management as it looks set to accelerate growth. Related: The $700 million team relinquishes the right to launch the dynasty-backed RIA The minority equity raise values the dynasty at about $800 million, according…
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Opinions expressed by Entrepreneur contributors are their own. As an entrepreneur, you are constantly juggling multiple responsibilities and making decisions DECISIONS that affect the success of your business. One of the most critical aspects of this journey is the effective management of your finances. Sound financial management not only ensures the survival of your business,…
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Sponsored by In this episode of the RIA Edge Podcast, David Armstrong, editorial director in Informa Connect's Wealth Management Group, sits down with Jalina Kerr, managing director of client experience for Schwab Advisor Services. Jalina talks about Schwab's approach to improving the advisor experience, including the group's work on technology integrations, the changes made in…
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Disclosure: Our goal is to display products and services that we think you will find interesting and useful. If you purchase them, the Entrepreneur may receive a small portion of the sales revenue from our trading partners. Nearly 3 billion people now rely on mobile data services worldwide, with travelers increasingly relying on mobile connectivity…
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Allworth Financial, the Folsom, Calif.-based registered investment advisor with approximately $22 billion in assets under advisement, has acquired The George McKelvey Company, a Manasquan, NJ-based firm with more than $1.1 billion in client assets. Terms of the deal were not disclosed. George McKelvey is led by partners Robert McKelvey, Robert Giunco Jr. and Richard Looney,…
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A newly launched financial-backed firm from 4100 Group Financial Services is supposed to give advisers a competitive edge when working with ultra-high-net-worth clients. Family Office Resource Group is a family office solution for wealth management professionals and firms that want to compete for the business of UHNW clients. Related: Former Dakota CEO Carina Diamond joins…
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