Open, frank and honest discussion about The New York Times article on 401(k)s, BlackRock ETF TDF and more. 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 by offering an open, frank and honest discussion that you…

To get useful answers from AI-generating chatbots, advisors need to know what questions to ask and how to ask them. Eric Ludwig, director of the American College of Retirement Income, and Chet Bennetts, assistant professor of financial planning and program director at the American College of Financial Services, made this point during their session “The…

RIA firms looking to offload their practices find themselves in “an unprecedented sell-side market,” according to a lawyer who specializes in deal advisory firms. However, a firm's success may depend on its ability to show true organic growth. Ted Motheral, a partner with Potomac Law Group, said he's seeing deal interest among all levels, from…

Firms face 'a cliff' of potential clients dependent on digital leads, not referrals The “traditional rainmaking” technique of relying on referrals is becoming less important as digital data gains importance and “that cliff is coming faster than we think,” according to Mary Kate Gulick, Chief Marketing Officer and Chief of Financial Services at FiComm. Connected:…

The influx and demands of private capital in the RIA space increasingly leave little distinction between the largest national RIAs and wirehouses, according to Rise Growth Partners Joe Duran. During a conversation with WealthManagement.com Managing Editor Diana Britton at Wealth Management EDGE at the Diplomat Beach Resort in Hollywood Beach, Fla., Duran said the industry…

Asset management platform Pontera has partnered with national brokerage and investment bank Stifel Financial. The collaboration was discovered by Ron Kruszewskichairman and CEO of Stifel Financial, at its annual conference, Blueprint 2024, in Las Vegas. Connected: Pontera Raises $60 Million Led by ICONIQ Growth Over 2,400 advisors with Stifel Financial serving more than 200,000 clients…

The first full day of Wealth Management EDGE included conversations with Joe Duran, former basketball star Jay Williams and much, much more. From tough questions asked during talks and panel discussions, tours and tech demos, to a mojito bar, wine tasting and pool party, the first full day of Wealth Management EDGE 2024 had a…

(Bloomberg) — Vanguard Group Inc . named BlackRock Inc. veteran Salim Ramji as the next chief executive, succeeding Tim Buckley, whose departure was announced in February. Connected: Vanguard CEO Tim Buckley will step down by the end of the year Ramji, who oversaw exchange-traded funds and index investing at BlackRock before leaving earlier this year,…

Mercer Global Advisors, one of the nation's largest and fastest-growing registered investment advisors with more than $60 billion in client assets, has promoted Martine Lellis, the firm's chief talent officer since 2020, to head of development of M&A partners. The new position was created out of a need to handle the firm's growing pipeline of…