Sponsored by Over the next decade, baby boomers are expected to transfer trillions of dollars to the next generation, providing significant opportunities for advisors to expand client relationships. This potential for growth, along with a more predictable market, is fueling optimism among advisors. Natalie Wolfsen, CEO of Orion, shares insights on the new opportunities for…

Sponsored by Many advisers are wary of the role artificial intelligence is playing in the financial services sector. But with the right strategies, advisors can use AI as a tool to improve their work. Rick Williamson, director of brand experience at Orion, discusses the potential benefits of using AI, including the ability to deliver more…

Sponsored by Financial advisors are optimistic about growing their businesses in 2024, but many still face challenges holding them back, including the need for better data integration between the systems they use. Brian McLaughlin, president of Orion Advisor Technology, discusses the challenges advisors face in integrating technology and the tools Orion has to help advisors…

A team of three advisers in Louisville, Ky., with $300 million in client assets, has moved to LPL Financial. They were previously with Ameriprise Financial for 14 years. The team, led by advisers Greg Mullaney, Colleen Kelly Abate and Peter Pagano, has launched Somnio Wealth, a new independent practice. They are joined by Operations Practice…

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…