While watching the Major League Baseball playoffs this week, I noticed, among the usual ads for beer, trucks, and life insurance, an obvious online estate planning platform. Faith and Will. I took this sudden clash of work and free time as a sign that it was time to write something about this provider's advisor-focused offering-Trust…

A Virginia-based adviser with about $245 million in client assets is joining Baird Private Wealth Management, a dual-registered wealth management arm of Robert W. Baird & Co., from Edelman Financial Engines. Robert Sargent is joining Baird as a director and financial advisor and will be joined by Client Assistant Kaitlyn Powell. Both are relocating to…

Firms and advisers were hit by a phishing scam this week by fraudsters impersonating FINRA executives, according to the brokerage regulator. According to a FINRA cybersecurity alert released Wednesday, the “ongoing” phishing campaign involves scammers sending emails posing as FINRA executives with a PDF attachment that the regulator warned could contain “malicious” content. It is…

It's hard to ignore the Great Wealth Transfer, which claims Gen X, millennials and Gen Z are poised to inherit $84 trillion in assets from baby boomers. Some are heralding it as the “greatest wave of wealth in history” and it's even led to a new nickname for Millennials as “the wealthiest generation.” But while…

(Bloomberg) — Farther Finance Advisors LLC, a technology startup for financial advisors, has raised $72 million in funding, betting that people want a more personal touch than they can get from robo-advisors and artificial intelligence chatbots. With the rise of automated investment services, some clients “lost the trust aspect of a financial advisor's role,” said…

(Bloomberg) — Charles Monat Associates Ltd., a global life insurance broker for high-net-worth individuals, is exploring a sale of the business amid interest from potential investors, according to people familiar with the matter. Charles Monat is working with a financial adviser on a possible disposal that could value it at $400 million to $500 million,…

There is a chasm that exists in everyone's life between what we know we should do, how we do it, and what we actually do. The good news is that there are those of us who see these self-limiting behaviors for what they are—and have developed ways to simplify the routines that leave us feeling…

Opto Investments, a private markets technology platform, has added EP Wealth Advisors, a national RIA with $26.2 billion in AUM, as a user, bringing the total number of RIA firms the platform works with to over 250. According to Jake Miller, Opto's co-founder and chief solutions officer, that represents an increase of about 133% over…

A day after announcing that it had reached $200 billion in assets, alternative investment platform iCapital unveiled a new tool it calls Multi-Investment Workflow, which allows financial advisors to process multiple investments in a single, unified process. While the multi-investment workflow is available to all advisors using the platform, one of the main goals of…

Sponsored by George Nichols III, CAP®, President and CEO of the American College of Financial Services, discusses the growing importance of special needs planning. Learn how financial advisors can expand their expertise, support families coping with aging, disability and caregiving, and leverage this critical niche to grow their practice. Source link