Don Bennyhoff, former senior investment strategist at Vanguard, has launched a new chief investment officer business, Bennyhoff & Co., aimed at serving mid-sized registered investment advisors focused on planning. Unlike most outsourced CIO and partial CIO firms, Bennyhoff's company will not manage client accounts on a lead basis. It will assist VNRs with some of…

“I'm thinking of leaving the firm,” says one adviser. “Hey, I've been thinking the same thing. How about we team up and explore together?” says the other. Connected: The Diamond Podcast for Financial Advisors: Mid-Year Report on Deals, Transitions and Recruiting Counselors are always having innocent conversations like these—over lunch, at happy hour, or at…

Sponsored by With a variety of business model options, including independence and comprehensive practice support in the form of an advanced technology platform, a powerful wealth management suite, team opportunities, succession programs and more, Wells Fargo advisors can provide a business structure regardless of how goals and needs evolve. Source link

It's hard to believe that we're already halfway through 2024 and already gathering data for our next transition report. It's going to be another massive effort, because this year is already proving to be incredibly active: Based on what we're seeing, the pace of transitions is currently outpacing 2023. That's why we thought it was…

Several stories made waves across the industry this month, and we want to break down what it all means for advisors. We've selected five topics for August's WealthTech Talk to provide an overview of what's ahead of technology in wealth management. With news this massive, you'd have to have been under a rock to miss…

A Houston-based advisor (and former professional tennis player) with $725 million in assets under management is moving to LPL Financial from Bank of America, according to the independent broker/dealer. Alberto Francis is forming Rockview Private Wealth through his move to LPL Private Wealth Management, the firm's employee membership model for advisors focused on high net…

Today's financial environment has many customers in “reaction mode”—adapting to the ever-changing landscape. In my recent conversations, many of my clients want to know how to manage the impact of inflation, prepare for a possible economic recession, and address the market volatility that geopolitical conflicts can generate. These are sound questions for clients to ask…

While the appeal of opening a single family office is often undeniable and sometimes appears as the logical next step, for example after a major liquidity event, all too often, families decide to start an SFO without adequately thinking through important questions that can determine its success. in the long term. As advisers, you can…

Shelley Duvall, best known for her role as Wendy Torrance in Stanley Kubrick's horror film glow, has passed away at the age of 75 after a battle with diabetes. The actress is survived by her partner of over 30 years, musician Dan Gilroy, her co-star in the 1990 Disney Channel musical. Mother Goose Rock 'n'…

CV Advisors, a registered investment advisor in Aventura, Fla. with $11 billion in assets under management, has hired Ari Hadida, who is bringing with him a limited number of client families with approximately $800 million in assets. Hadida joins from Valor Advisors, a Miami-based multifamily office, and will serve as a portfolio manager and member…