As asset managers continue to add products that can help investors manage their taxes, the volume of money pouring into such vehicles continues to grow. According to a new report from Morningstar, assets in tax-managed SMA accounts topped $500 billion by mid-2024, representing a 67% increase in just a year and a half.. During the…

A South Florida advisory team with over $470 million in assets under management will join UBS Private Wealth Management from JP Morgan, UBS announced today. John Hardin is joining the private wealth management market in Miami from the firm's Coral Gables office along with Senior Wealth Strategy Associate Katelyn O'Hara. Related: UBS creates new wealth…

As we approach 2025, high net worth individuals (HNWIs) are facing a rapidly evolving financial landscape shaped by changing tax laws, market volatility and an ever-increasing emphasis on wealth protection. The challenges ahead are complex, but they can be mitigated with foresight and careful planning. Here, we examine the top five issues that could impact…

Veteran industry leader Suzanne Siracuse talks with George Nichols, CEO of the American College of Financial Services, to discover strategies for success in financial advising. Nichols shares insights on important areas for financial advisors, such as specialization, the future of retirement planning, and the importance of representation. Nichols explores how understanding the different needs of…

Private equity capital continues to flow into the independent wealth management space; in fact, strategic buyers (primarily private equity-backed RIAs) and financial buyers (primarily private equity firms) accounted for about 85% and 15%, respectively, of total deals done in the third quarter, according to the most recent RIA of Echelon Partners. M&A deal report. A…

Election Day is less than a month away, and for some of us, that day can't come soon enough. The campaign has hit a fever pitch with ads flooding the airwaves and candidates being criticized and reported on non-stop. With the 2024 presidential election fast approaching, it's time to take a look at the impact…

The prospect of becoming an independent business owner is attractive to many advisors. The freedom and control that comes with ownership, along with the capital building potential, will seem like a compelling choice over switching to another employee model. However, when it comes to deciding between cashing in on a recruiting deal now or taking…

The private wealth arm of alts firm StepStone is hiring former Private Advisor Group Chief Marketing Officer Berta Aldrich as managing director and global head of marketing. Additionally, David Robbins will serve as director of enterprise RIA relationship management. Both Aldrich and Robbins joined StepStone Private Wealth earlier this month, and CEO Bob Long said…

Sponsored by Having estate planning conversations with your clients? Wealth.com has created this checklist to help financial advisors cover all the necessary points during discussions to help clients optimize their financial planning – wherever they are in their wealth planning journey. This easy-to-follow checklist ensures you're asking all the right questions and gathering the information…

Journey Strategic Wealth, a registered investment adviser partnership with almost $4 billion in assets, has acquired a sole practice in Colorado Springs, Colo., and hired a veteran adviser from Charles Schwab. Financial advisor Jill Isbell has integrated her firm, Creative Financial Services, into Journey. It brings approximately $75 million in assets and establishes Journey's Colorado…