The volatility that began amid the August holiday rush in US and global stock markets has continued into September. After a 12% rise in the MSCI World Index in the first half of this year, we believe markets are likely to be flat until the end of 2024 – although they may experience a lot…

Vise, an automated asset management platform that helps advisors build and manage customized portfolios for their clients, announced this week that it has hired Ross Znavor as president. He is not new to Vise, having served as an executive advisor with the company for over a year. Znavor spent over two decades at BlackRock, perhaps…

For many advisors, finding the “North Star” is a journey to identify what is most important to their businesses and lives. This realization often serves as the basis for a renewed commitment to their firm or as a motivation for change. Nathan Harris began his career at Merrill in 2006 and joined a team of…

At the 10th Annual Wealth Management Industry Awards, Teresa Hassara, Senior Vice President at Principal discusses her firm's priorities going forward, including a focus on service excellence, discovering new solutions and capabilities, and delivering the best technology and tools to help their advisors thrive. Source link

Over the past 10 years, the wealth management industry has undergone a transformational change in the way it delivers value to clients. First, there was a move from commoditized, investment-based advice to more comprehensive and holistic advice. Now, as technology continues to threaten the overall value of technical knowledge, there is an increasing emphasis on…

Sponsored by Join Kristine McManus, head of growth at Commonwealth Financial Network, and David Armstrong, director of editorial operations at Wealth Management, to learn about the recently completed Organic Growth survey and what this looks like for advisors by age. Source link

The current political environment, including an unprecedented election season, economic volatility and inflation, and the rise of artificial intelligence, are top of mind for private business owners when asked about their top three current challenges, according to the newly released. Brown Brothers Harriman Second Annual Survey of Business Owners. The survey also reveals that succession…

Altium Wealth Management, a Northeast-based Hightower affiliate, will surpass $6 billion in assets under management with the addition of advisors Kimberly Clouse and Kristen Caseley. Clouse is an “established family wealth advisor” based in Boston and is joining Altium, which has offices in New York and Boston. Clouse and Caseley were most recently with AdvicePeriod,…

(Bloomberg Opinion) — Many people are worried about the shrinking number of public companies in the US, but quality is an even bigger problem than quantity. Chief Executive of JPMorgan Chase & Co. Jamie Dimon mourned in its most recent annual letter to shareholders that there are only 4,300 stocks in the U.S., down from…

in “Alleviating boomer anxiety simply well-made“, I wrote about several topics with two things in common. First, they are a widespread and profound concern for those who are simply the young rich. Second, boomers are finding it increasingly difficult to find advice and services related to these topics. As far as deep concern goes, I…