David Scranton, CEO and founder of Sound Income Strategies, discusses the principles of generating income with your investment vehicles, why some advisors struggle, and why growth may not be the only goal of your clients, especially those nearing retirement. Source link

Summit Trail Advisors, a New York-based registered investment advisor with $18 billion in client assets, has added a team of 10 financial professionals who previously managed $3 billion in assets at BMO Financial Group. The former Major Client Group was with BNP Paribas Bank of the West previously acquired by BMO in 2023. The group…

Kimberly Sanders followed a typical path to financial services, earning a degree in finance and working for a variety of banks and brokerage firms. When she became pregnant, she made the decision to stay at home for eight years to raise her children. But when it came time to get back to work, the road…

In this episode of Focused on the Future, Suzanne Siracuse interviews Dr. Vinay Nair, Founder of TIFIN, on the current AI landscape and its implications for the wealth management industry. They delve into various aspects, including the opportunities and challenges presented by AI, and the importance of adaptability to achieving success. Nair offers insights and…

One last one Trusts & Estates Webinar sponsored by the American Cancer Society, focused on the requirements of the Corporate Transparency Act (CTA). The two speakers were Stephen Liss, a partner at Dungey Dougherty PLLC and Kevin L. Shepard, a partner at Venable LLP. Speakers presented an overview of the CTA's reporting requirements, affecting entities…

During this entertaining and highly informative conversation, Envestnet Co-CIO and Group President Dana D'Auria shares some great insights on how delivering personalized investments at scale can improve the customer experience. Dana discusses what are the driving forces behind this shift toward personalized investing and what personalized investing looks like. She also shares some great insights…

Open, honest, and candid discussion about May's job numbers, managed account lawsuits, OneDigital, and a 'second' golden age for the 401(k) industry. Source link

Hello and welcome to this week's edition of 401k Real Talk. This is WealthManagement.com's Fred Barstein Omnichannel RPA Contributing Editor & CEO at TRAU, TPSU & 401kTV – I Review everything from the past week's stories and pick out the most relevant and interesting ones offering an open honest and candid discussion that you wouldn't…

Sponsored by Generative AI has the potential to revolutionize wealth management. From data capture to content generation to automated workflows, generative AI enables firms to deliver customized solutions at an unprecedented scale. In this executive summary, a panel of experts in the application of generative AI share their thoughts on integrating AI into wealth management….

Brightwave, an AI-powered financial research assistant, has raised $6 million in seed funding. Decibel Partners led the round, which also received backing from Point72 Ventures, Moonfire Ventures and angel investors, including executives from OpenAI, Databricks, Uber and LinkedIn. Connected: AI Startup for Advisors Jump Announces $4.6M in Funding Brightwave claims its current client base includes…