Good Life Companies, a network of independent advisors based in Reading, Pa. which includes an RIA and a major affiliate of LPL Financial, has opened a second headquarters in Celebration, Fla., an Orlando suburb and community that was developed by The Walt Disney Company. The new location will open by the end of this year…

Kovitz Investment Group Partners, one of the few “hub” firms in which Focus Financial is moving towards consolidation the remaining partners in its network, has taken another step in this direction. Kovitz has agreed to acquire Relative Value Partners (RVP) Group, a Focus firm based in Northbrook, Ill., that manages more than $2.5 billion in…

Minneapolis-based Wealth Enhancement Group, the registered investment advisor with more than $85.3 billion in client assets, has acquired Starfox Financial Services, an RIA with more than $254 million in assets. The Woodlands, Texas-based firm represents WEG's sixth location in Texas. Starfox was founded in 2006 by consultant Jose Palafox; today, he continues to lead the…

William Diamond, Tim Landvoigt, and Germán Sánchez, authors of 2024 NBER Working Paper 32573, “The Mortgage Suppression: Fiscal Inflation and the Post-Covid Boom,” analyzed the impact on the economy of the massive fiscal and monetary stimulus implemented during the COVID-19 crisis—in response to the recession, the government implemented a series of programs that resulted in…

Hedge funds were once the hottest investment around, but they've long ceded the spotlight to top performers, including private equity, real estate, tech startups and even cryptocurrencies. The last memory of this is of Bobby Jain the new multi-strategy fund, Jain Global, with $5.3 billion in commitments and will begin trading this week. In the…

Tech giants' big move on US stocks is likely to continue, absent a major market crash along the lines of what investors endured in 2022, says David Kelly of JPMorgan Asset Management. The firm's chief global market strategist is among Wall Street professionals who expect earnings growth in the S&P 500 Index widen beyond the…

When industry experts guide financial advisors figuring out their next move, they sometimes reference insights from business leaders like Steve Jobs or Warren Buffett. George Orwell offers financial advisors a smart lesson, as his novel Animal Farm summarizes. Spoiler alert for high school English dropouts: Fed up with broken promises and leadership that puts the…

Calamos Wealth Management was born out of Calamos Investments, which now has approximately $36 billion in total assets. Calamos' history dates back to the 1970s when John P. Calamos Sr. founded the firm. He started the organization by managing money for friends and family as well as other Air Force pilots; he was a fighter…

Sponsored by Tamara and Shawn MacDonald of Skye Financial Services may have started their firm 25 years ago, but that hasn't stopped them from expanding as their clients' needs grow. From data security, succession planning, income tax and investment, MacDonald's believe they work IN their business, not only IN their business is central to customer…

LPL Financial has added a father-daughter team with approximately $290 million in assets from Morgan Stanley. James and Amanda Zack launched the Zack Wealth Group under the model of LPL's employee advisor Linsco from LPL Financial. Washington, DC-based James Zack has been in the industry for 38 years and spent the last 12 years at…