(Bloomberg) — On the financial front, the news has been dire for former President Donald Trump this year. Within a span of just one month, two judges in two separate cases ordered him to pay around 540 million dollars in total — a sum so large that pundits have speculated it could erode his campaign…

We're a pretty low-tech company, in general. We still carry some paper binders for our customers. We also have digital records for everything. Many of us still like to reconcile manually. We use technology for our tools, but we like to think of it more as a tool than a guide. CRM/Portfolio Management/Tracking: Advises We…

Sponsored by In this episode of the RIA Edge Podcast, David Armstrong, managing director of editorial and content strategies for the Wealth Management Group at Informa, talks with Rob Madore, vice president of financial services for MarshBerry, about the firm's recent research with WealthManagement.com's WMIQ to explore how firm leaders think about adding new client…

Join David Armstrong, Director of Editorial Strategy and Operations for the Wealth Management Group, and Tim Welsh, President of Nexus Strategy, as they discuss what you need to know about this year's WealthManagement.com Industry Awards, including: An overview of award program dates, delivery details and event locations. A quick overview of the nomination categories…

Goldman Sachs continues to gain traction in its RIA custodian business, coming off its best-ever month in terms of asset gathering, according to the firm's executives. And while the firm would not provide specific growth numbers, it said it was seeing an increase in the number of requests from advisers in a captive environment. In…

Sponsored by The custody space is notoriously difficult to break into, but Betterment wasn't afraid to take the plunge. While larger custodians are locked in a battle for scale, Betterment saw an opportunity to better serve smaller RIAs by helping them use the platform to support their growth and operational efficiency. In this episode, Shannon…

What is so special about working with families who care for individuals with special needs? The question is personal for Melissa Weisz, a wealth advisor and associate partner at Corient Private Wealth in Morristown, N.J. Her oldest son is on the autism spectrum. Taking care of her son's current needs and securing his financial future…

MYTH: Public benefits are sufficient. Reality: Not if you want your boyfriend to have a cell phone or tablet or travel to the bowling alley or movie theater, especially if he needs an escort. Myth: Siblings (or other family members) will do what is necessary. Reality: That leaves a lot to chance. Even if the…

Financial advisers saw sharp increases in both the number and financial severity of liability claims paid by their insurers last year, according to proprietary data compiled by Golsan Scruggs, an insurance brokerage firm that caters to financial services companies. Golsan Scruggs, who compiled data from a pooled group of 2,042 US-based independent RIA firms with…

Ruth Gottesman, widow of billionaire financier David Gottesman, has donated $1 billion to the Albert Einstein College of Medicine in the Bronx, NY, directing that the money be used to cover tuition for all students in perpetuity. The gift is the largest ever to a US medical school and the third largest ever to higher…