Sponsored by The ability to collect and analyze large stores of data helps advisors better provide the services their clients need. Mustapha Baassiri, Orion's chief technology officer, discusses the company's partnership with cloud data warehouse Amazon Redshift, which is providing customers with cost-effective, centralized access to core reporting, CRM and financial planning data and analytics…

A team of six advisers has left Merrill Lynch to start their own registered investment advisory backed by Dynasty Financial Partners. The advisers, who previously managed $550 million in client assets, have launched Fairvoy Private Wealth in Birmingham, Ala. The firm is led by Senior Private Wealth Advisor Stephen Davis, Senior Private Wealth Advisor and…

Stratos Private Wealth, a division of Stratos Wealth Holdings' RIA corporation Stratos Wealth Partners, has attracted two more Stratos affiliates to its nascent W-2 platform in New York and New Jersey. North of New York City, Claricity Wealth & Planning now operates as Stratos Private Wealth–Westchester. Heald Financial Advisors in Marlton, NJ, has become Stratos…

JP Morgan Asset Management has appointed Chris Meredith as Chief Investment Officer (CIO) of Tax Smart Strategies. In his role, which is new to the firm, Meredith will oversee tax-smart investment capabilities across indices and active strategies. He will report directly to Jed Laskowitz, CIO and global head of Asset Management Solutions. Meredith will also…

A small Texas-based brokerage firm is the latest registrant to settle FINRA charges for violating the SEC's Best Interest Rule obligations. It is the second such case this week and the last example in the accelerating trend of FINRA Reg BI enforcement actions. Murray Securities is based in Tyler, Tx., employs three registered representatives and…

Carson Group CEO and founder Ron Carson will step down from his role to become chairman of the board. Burt White, managing partner and chief strategy officer, will move into the role of CEO. The firm has not yet chosen a replacement for White's previous role as chief strategy officer, a company spokesman confirmed. According…

The IMF raised red flags for the growth of the private credit market. Blackrock's bitcoin ETF now has almost $18 billion in assets, putting it in the top 3% of all ETFs ever launched. These are among the investment must-reads we found this week for wealth advisors. WealthManagement.com | 09 April 2024 Source link

Sponsored by In this episode of the RIA Edge Podcast, David Armstrong, editorial director for Informa Connect's Wealth Management Group, talks to Jon Foster, p.resident and CEO of Angeles Wealth, a firm that caters to individuals with investable assets ranging from $10 million to $100 million, bridging the gap between boutique advisory services and full-scale…

Have you ever walked through a busy airport, bus terminal or train station and watched people move through the crowds? Our movement in a complex environment is incredibly impressive. We can have thousands of people running through a crowded environment without bumping into each other. It's so impressive that researchers study crowd movements to help…

Sponsored by As the wealth management and financial advisory landscape continues to rapidly evolve, it becomes imperative for professionals to meet the evolving demands of clients seeking alternatives to traditional investment management. This white paper proposes an integrated approach to holistic wealth management, highlighting the need for a centralized platform that boasts powerful financial planning…