According to a survey co-led by the Association of Investment Advisers, the RIA industry has set a record number of investment advisers, firms and clients in 2023. Additionally, assets under management by SEC-registered advisors jumped 12.6% in 2023 from the market's decline a year earlier, compared to 2021 highs. The number of advisors grew by…

Data mining and artificial intelligence are two major trends shaping the industry, according to Mark Evans, president and CEO of Conquest Planning. As for data collection, Evans said his firm's system is built with an open API that allows it to bring in data and push it into other systems, such as a CRM, so…

Jared Fingeret, senior vice president, head of Liquidity and Capital at LPL Financial, joins Shannon Rosic to explore their recent efforts in acquiring advisory practices, their unique perspective and differentiation for advisory firms, and how they plan to solve for the next generation of independent advisors. . Source link

No one likes to feel limited by the firm or model you've built your business on. Unfortunately, it's not uncommon for advisors to reach that point—especially when they're employees of a much larger institution, like a bank brokerage. Many young advisers start their careers in bank branches. They provide a solid training ground, a steady…

Open, frank and honest discussion about foreclosure lawsuits, hybrid TDFs with annuities, new hires at Cetera and Allianz Life 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 offering an open honest and candid discussion that you wouldn't…

After a series of bumps and starts that included what, on the surface, seemed like a small but attention-grabbing employee rebellion, Orion Advisor Solutions has devised a plan to turn the office around that will turn most of 1300 employees. employees work at the company's eight locations three days a week. Orion's executive leaders settled…

After a relatively quiet April, asset managers picked up the pace of launches in May with 50 new funds entering the market. Source link

Fisher Investments, a nationally registered investment adviser with more than $275 billion in client assets, announced plans Sunday to sell a minority of shares in the firm Advent International and a subsidiary of the Abu Dhabi Investment Authority in a deal that values ​​the RIA at $12.75 billion. And while that valuation may raise some…

A Virginia advisory team with more than $915 million in assets under management is moving to RBC Wealth Management. The firm is being joined by Truist and will work out of RBC's Tysons office. The Brown-Brinkley Group includes co-managing directors Alexander S. Brown and William Brinkley, who boast 22 and 36 years of experience in…