A “respected leader in the securities industry”. An “interesting thinker”. A “zealot of disorder and industry cheerleader”. These are some descriptions from industry participants (ranging from compliance professionals to consumer advocates) of Paul Atkins, President-elect Donald Trump's nominee to head the Securities and Exchange Commission. Related: SEC accuses ex-advisor of cherry-picking Trump named Atkins as…

LPL Financial has promoted Marc Cohen, an executive vice president and head of corporate strategy, to managing director of business strategy and innovation. The move follows news in October that Rich Steinmeier would leave his role as managing director and chief growth officer to serve as CEOreplacing Dan Arnold, who was discontinued for cause on…

During this highly engaging conversation, James Langabeer, PhD, ChFC, managing director at Yellowstone Wealth Advisors and author of The Quest for Wealth: Six Steps to Making Wise Money Choicess shares some great insights about wealth transfer, the most dominant emotion influencing investing, and why “wealth isn't a number.” He also discusses the importance of preparing…

Constellation Wealth Partners, the private equity firm founded by former Emigrant Partners CEO Karl Heckenberg focusing on wealth managers, has closed its inaugural fund with more than $1 billion in capital commitments. The Constellation Wealth Equity Fund includes partners ranging from insurance companies and endowments to foundations, asset managers and funds of funds. According to…

As plan sponsors better understand the role of the RPSH and how they can best use it, there will be more formal RFPs. Actually, in one recent LinkedIn survey81% thought plans should conduct an RPA CPA using an independent consultant every five to seven years. So another skill set that successful RPAs have developed is…

As the dust settles from the 2024 election, significant changes are expected for tax and estate planning. For business owners, artists and art collectors, the evolving political and economic landscape requires proactive and flexible strategies to protect and grow wealth. Here's what you need to know to navigate this complex environment. Political Displacement: Implications for…

Jim Thorpe, revered as one of the greatest athletes in American history, illustrates how personal desires and legal rights can collide after death. Thorpe's third wife, Patricia, moved his remains to a town in Pennsylvania that now bears his name in an effort to create a tourist attraction, a decision contested by his sons under…

Starting a solo RIA firm is an exciting venture. Like Cerulli REPORTSRIAs will control nearly one-third of advised assets by 2027. However, business owners must think ahead and take additional steps to ensure they are maintaining their firm's profitability and growth rate, which which will make it more attractive to sell. today, one third of…

In nearly 30 years of consulting, we've seen and heard it all, especially when it comes to the sensitive issue of transition. Some common beliefs about transitions are true—like the idea that a transition is a hassle and a lot of work. Others are simply outdated, such as the notion that advisor resignations should happen…

Clearstead Advisors, a Cleveland-based registered investment advisor with more than $47 billion in assets under advisement, has named Bradley Knapp as its new president and CEO, succeeding David C. Fulton Jr., who has led the firm since 2014 The change will take effect on January 1 and is part of a long succession plan. Fulton…