In an era marked by unprecedented consolidation in the financial services industry, mergers and acquisitions are reshaping the wealth management landscape. This wave of M&A activity presents unique challenges and opportunities for women in the sector, particularly as they navigate career transitions in a historically male-dominated industry. During RIA Edge West, Charles Schwab and WealthManagement.com…
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3 Benefits of owning one BooXkeeping exclusivity: Strong demand in a $65 billion industry with growth potential. No previous financial experience is required to operate. Hands-on business model, with full training and ongoing corporate support. BooXkeeping is a franchise that provides comprehensive accounting services to small and medium-sized businesses throughout the United States, emphasizing efficiency…
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Hightower has bought a stake in Financial Planning and Information Services, a registered investment adviser that manages more than $1.1 billion in assets under management out of De Pere, Wis. Terms of the deal were not disclosed. This represents Hightower's fifth investment this year and follows last week's news that he agreed to take a…
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Opinions expressed by Entrepreneur contributors are their own. How prepared is your business for The Risks didn't you see it coming? In a world where cyber-attacks, regulatory fines and reputation-damaging incidents lurk around every corner, businesses are increasingly faced with a choice: react to crises or prevent them. The smartest choice, of course, is prevention….
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RBC Wealth Management has pulled a $400 million Connecticut-based team from Morgan Stanley, one of several adviser transitions in recent days. The Smalley Girardi Group is based in Westport, Conn., and includes Richard Smalley and Ali Girardi. Both are senior vice presidents and financial advisors, while Girardi also works as a portfolio manager. Related: SIFMA…
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Opinions expressed by Entrepreneur contributors are their own. “(He/she/they) who is good at making excuses is rarely good at anything else.” – Benjamin Franklin “The person who complains about the way the ball bounces is probably the one who threw it.” – Lou Holtz “Wisdom comes from personal accountability. We all make mistakes; own them…
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Neuberger Berman Capital Solutions and funds managed by Neuberger Berman Private Markets have acquired a minority stake in Mariner, a wealth management firm that advises over $245 billion in assets across its subsidiaries. Leonard Green & Partners, a Los Angeles-based private equity firm that made a minority investment in Mariner in 2021will retain its shares….
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Opinions expressed by Entrepreneur contributors are their own. Remote work offers tremendous freedom, and it's no surprise that flexibility and autonomy increase job satisfaction. According to one STUDY From happiness tracking, remote workers are 20% happier on average. But for digital nomadsthis freedom comes with hidden financial traps. Frequent international travelers often face unexpected fees,…
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Asset managers have been aggressive in issuing AI-themed ETFs in 2024, Reuters reports. Morningstar implemented the previously announced rating methodology change, affecting 15% of rated funds. These are among the investment must-reads we found this week for wealth advisors. Source link
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When The new CEO of Starbucks Brian Niccol began his role in September, his much-talked-about journey, which will cover around 1,000 miles and take place by private jet. Starbucks is headquartered in Seattle, and Niccol lives in Newport Beach, California, where he is previous employerChipotle, has headquarters. Since the coffee giant requires corporate employees to…
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