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…

SEC Enforcement Division Director Gurbir S. Grewal will leave the agency later this month. Divisional deputy director Sanjay Wadhwa will step in to serve as acting director of enforcement. Chairman Appointed Gary Gensler Grewal as chief enforcement officer in June 2021 (he was too named as one of WealthManagement.com Ten to watch in 2022). During…

LPL Financial Board of Directors fired President and CEO Dan Arnold for cause this weekciting violations of respectful workplace policies. Several analysts covering the firm maintained their ratings on LPL, saying it will not materially affect the firm's day-to-day operations. LPL Financial, the independent broker/dealer with more than 23,000 advisers, said its board terminated Arnold…

Our speakers will cover the basics of private foundations, including what they are, the basic requirements for creating and maintaining them, which clients will benefit from creating them, their tax implications and how they differ from donor advised ones Source link