Over the past year, more than 100 executives and industry leaders have shared the microphone with him WealthManagement.compodcast hosts and editors, providing some must-listen moments. From George Kinder describing how to slow down and be mindful – even for just 10 minutes a day – to Blackstone's Joan Solotar discussing the benefits of alternative investments…

Although this isn't 1765 with its Stamp Act, it certainly feels like basic points are a tax imposed on financial advisers without a commensurate increase in added value to justify the cost. The most obvious representation of how firms make a significant amount of money from the success of their independent advisors is program or…

As a counselor, you have the unique privilege of walking alongside your clients through their most important life events – the highs and the lows. You have supported them in moments of grief, celebrated weddings, welcomed a new life and guided them through the sale of their businesses. However, when you share your monumental news—selling…

This year has already set new records for mergers and acquisitions activity in the registered investment adviser space, with 269 total transactions completed so far in 2024, according to data released this week by DeVoe & Company. This is higher than the previous record of 264 deals in 2022. The fourth quarter of 2024 also…

Spent a year in wealth and technology management. Big names changed roles, many new technologies were launched, companies merged and new players entered the market. This month's headlines show that the industry is closing out 2024 strong, and we have a lot to look forward to in 2025. Here are the five December headlines we're…

Charles Schwab is taking one of its former representatives to court, accusing him of being a “disloyal employee” who allegedly got away with using trade secrets on thousands of Schwab customers. Schwab filed a motion in Texas federal court this week for a preliminary injunction against former Schwab employee Roberto Ortega. They are asking the…

Concurrent Investment Advisors, a Tampa-based hybrid RIA with $9.7 billion in assets that was formerly an office of supervisory jurisdiction under Raymond James, has hired David Montgomery as managing director of retirement plan services. Montgomery joins from OneDigital, where he served as director of retirement investment services. Montgomery joined OneDigital in 2020 as vice president…

Orion, a leading provider of wealth management technology to the largest RIAs, is acquiring Summit Wealth Systems, a next-generation portfolio management and reporting platform, and naming Reed Colley, its co-founder and CEO, as President of Orion Advisor Technology. Collie will report to Orion CEO Natalie Wolfsen and replace Brian McLaughlin, who resigned in August. Related:…

The location of Bitcoin and Ethereum ETFs in the United States sparked a new wave of institutional investment as previously shunned buyers have taken advantage of this new asset class. Inflows to date have been outstanding and the development of exchange-traded funds in the US market is expected to accelerate. During 2024, we have seen…

It's time to turn the page to another year—and an exciting year it was. Election activity aside, the wealth management industry made waves in its own right, with mega-teams on the move, massive M&A deals and stunning leadership changes. Related: From Myths and Movement 2024 What does all this mean for advisors? How does this…