A recent survey of financial advisors reveals a balanced approach to portfolio construction, with advisors increasingly combining active and passive strategies. While investment performance remains the top priority for clients, advisors also emphasize personalization and customization. The report states: How advisors factor client risk tolerance and investment goals into the active versus passive debate…

Homrich Berg, an Atlanta-based RIA integrator with $18 billion in assets, has added a team of advisors in Tampa, Fla., managing over $4 billion in client assets. This follows last month's news that RIA will sell a small part of the firm to TPGa San Francisco-based private equity firm with a $1 billion valuation. “One…

Homrich Berg, an Atlanta-based RIA integrator with $18 billion in assets, has added a team of advisors in Tampa, Fla., managing over $4 billion in client assets. This follows last month's news that RIA will sell a small part of the firm to TPGa San Francisco-based private equity firm with a $1 billion valuation. “One…

Goldman Sachs Asset Management has struck a deal with TAMP firm GeoWealth to build custom open-architecture models for its RIA clients. Models will be implemented on a single account using GeoWealth's UMA platform. Custom models will include SMAs, ETFs, direct index mutual funds and alternative investments. RIAs using the platform will also be able to…

Hightower denied the allegations he had made against a former adviser days before a judge ruled on the RIA's request for a restraining order against him. of The Chicago-based RIA buyer sued Lars Knudsen in Illinois federal court last Marchalleging that he broke non-compete agreements weeks after the firm fired him for, among other things,…

Cohen & Company, a tax and financial advisory business for businesses and high net worth clients, has sold a stake in the company to private equity firm Lovell Minnick Partners. The investment comes a day later LMP bought a majority stake in Americana Partnersa Houston-based RIA and member of the Dynasty Financial Partners network. Related:…

Advisory technology provider Nitrogen — formerly Riskalyze — unveiled a series of platform and tool updates at its annual Fearless Investing Summit held this week in Nashville. “We want to be your platform of trust,” said CEO Dan Zitting, who took over for Nitrogen founder Aaron Klein last November. Related: Philtech Blen Vennfi Provider Foundation…

Financial planning and account aggregation provider eMoney Advisor held its annual user conference this week, during which it announced the availability of eMoney Aggregation as a standalone product. The company has conditional client account aggregation for advisors using the product, but as an integrated part of its larger financial planning platform. Related: CogniCor, supplier of…

Sponsored by TAMPs have evolved significantly since their inception in the 1980s, becoming essential tools for advisors seeking to increase operational efficiency and client service. Initially, TAMPs were created to simplify portfolio management by providing access to pre-selected investment models and third-party asset managers, allowing advisors to outsource investment management responsibility. Over time, as technology…

Advisory industry AI provider CogniCor announced this week that its Wealth Co-Pilot now includes the firm's proprietary Insight Engine. “This solution is designed to empower financial advisors to maximize client engagement by reducing repetitive, inactive tasks, but more importantly, it can take all of this information and deliver actionable insights for advisors to use directly…