Hear from Max Lane, CEO of Flourish as he discusses how his firm empowers advisors to move beyond holistic advice to holistic implementation. Source link

At the 10th Annual Wealth Management Industry Awards, Joseph Kuo, Founder and CEO of Haven Tower discusses the importance of increasing confidence and awareness in the wealth management space and recognizing the significant positive impacts advisors have on clients. theirs. Source link

We were right in our prediction that the industry conferences happening in September would lead to new technology news. As we approach the end of 2024, we definitely see a theme emerging that large and complex institutions in wealth management are working diligently to deliver new technology to their clients at a rapid pace. This…

(Bloomberg) — Fidelity Investments is looking to convert two of its municipal bond mutual funds into exchange-traded funds, a move that underscores the popularity of the US$10 trillion arena. The two affected funds are the $170 million Fidelity Municipal Bond Index Fund and the Fidelity Municipal Core Plus Bond Fund, which has less than 70…

(Bloomberg) — Banks are taking advantage of lower interest rates to pull corporate debt deals from private equity funds, making a big comeback after losing market share in recent years. Almost $30 billion of private debt has been refinanced through syndicated loans in more than 70 deals so far this year, according to Bank of…

The life of a financial advisor is a bit like running a marathon with huge obstacles: between client meetings, research, compliance work and trying to grow your book of business, there's hardly a moment to catch your breath. So how can AI step in to help without turning you into a spectator in your own…

(Bloomberg) — Dan Arnold seemed so ordinary at the helm of LPL Financial Holdings Inc . that an industry publication complimented him on “Vanilla Vision.” So the sudden dismissal this week of Arnold, 59, who took over as chief executive in 2017 and once told the firm's financial advisers that his mission was “to take…

LPL Financial has recruited The Noble Group, an advisory team with approximately $2.1 billion in client assets, from Raymond James. The news comes in the wake of LPL's firing of CEO Dan Arnold this week. The Noble Group, founded in 1996 by Tom Noble, is based in Sugar Land, Texas, with an additional office in…

Kovitz Investment Group Partners, one of the “hub” firms in which Focus Financial is moving towards consolidation the remaining partners in its network, has taken another step in this direction. Kovitz has agreed to acquire Fort Pitt Capital Group, a Pittsburgh-based Focus partner firm with $5.9 billion in client assets. The deal, expected to close…

At the 10th Annual Wealth Management Industry Awards, Ghislain Gouraige, Partner at NewEdge Capital Group discusses his firm's commitment to innovation and always staying abreast of new developments in the industry to help their advisors keep up to succeed. Source link