(Bloomberg) — Omar Aguilar of Charles Schwab Corp. is seeing fresh asset growth – up to 20% a year – as its investment management arm surpassed a $1 trillion milestone on rising markets and voracious demand for cost-effective funds. Connected: Schwab's Bernie Clark: The First Trillion Dollar RIA Is Coming Schwab Asset Management's chief investment…

Ritholtz Wealth Management, the $4 billion New York-based registered investment advisor, has named Callie Cox as its first chief market strategist. Most recently, Cox was an investment analyst at social investment platform eToro. While Ritholtz already has several market gurus, including Director of Institutional Asset Management Ben Carlson, Managing Partner Michael Batnick and CEO Josh…

Verne Marble, director of business development at Private Advisor Group, shares some great insights about navigating the decision-making process to go freelance in this very entertaining episode. Verne discussed the importance of understanding what business structures are available to financial advisors and deciding what best fits their practice. Verne also shared some considerations financial advisors…

In the last RPA Recordkeeper Roundtablethe focus was on how to handle it explosion of new 401(k) plans, especially smaller ones, the lure and welcome of wealth managers, and the cost and opportunities with the technology. With rates stable or falling and the cost of technology and labor rising while demand for service increases, what…

(Bloomberg) — Private equity firm Advent International and a unit of the Abu Dhabi Investment Authority are buying a minority stake in billionaire Ken Fisher's Fisher Investments worth up to $3 billion. The transaction, in which the buyers will invest at least $2.5 billion, values ​​Fisher at $12.75 billion, the money management firm said in…

Excellence is something every advisor strives for. But some advisors aren't willing to wait to achieve what they define as “perfection,” but are instead on a quest to find the fastest and most efficient way to get there. Rob NelsonCEO and founder of Minneapolis-based NorthRock Partners, stated in a last podcast interview that this quest…

(Bloomberg) — Todd Boehly is planning to launch a new asset management firm and is in talks to sell a stake to investors in an effort to turbocharge growth and finance potential acquisitions across the globe. The new business, to be called Eldridge, is set to combine at least six existing platforms backed by Boehly's…

(Bloomberg Opinion) – When billionaire John Paulson was asked why he was holding a fundraiser for Donald Trump as the former president tries to win back the White House, here's what he said a Bloomberg News reporter during an interview at his $110 million Palm Beach estate: I think Trump did a phenomenal job…

(Bloomberg) — Stocks and bonds outperformed Bitcoin this quarter, raising the possibility that a crypto boom is ending. Global stock gauges, fixed income and commodities are all ahead of the biggest digital asset, which has fallen about 5% since the start of April as of 1.15pm on Friday in Singapore. Ari also showed him a…

These benefits govern almost every aspect of how clients manage taxes, finances, inheritance, housing and health care. Married couples automatically qualify for no fewer than 1,138 benefits, rights, protections and privileges under current federal law. These benefits govern almost every aspect of how clients manage taxes, finances, inheritance, housing and health care. This gallery describes…