Topic: The Assets

Portfolio management

Big Wealth Brands Battle for Robo-Investor Attention

September 27, 2021No Comments

Robinhood, Mint and Acorn have high awareness among investors, beating established players like Fidelity and Vanguard, according to Hearts & Wallets.

RBC Wealth Lures $450M Practice from Wells Fargo

September 24, 2021No Comments

The Doell Kuszak Group has joined RBC Wealth Management’s Lincoln, Nebraska branch.

Burning the Midnight Oil May Cost You in ETF Trading: Vanguard

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Burning the Midnight Oil May Cost You in ETF Trading: Vanguard

Raymond James Adds FA in Kentucky

September 23, 2021No Comments

Nick Peregoy has joined Raymond James & Associates’ Louisville branch.

SEC Can’t Wait for ‘Spill in Aisle Three’ to Regulate Crypto: Gensler

September 22, 2021No Comments

The regulator’s chair compared cryptocurrencies to the disparate private monies of the so-called Wildcat banking era in the mid-1800s.

Insurance planning

Targeting Single Female Clients? Here Are Some Tips

September 16, 2021No Comments

Commonwealth Financial Network's Heather Zack says advisors should help single female clients become confident with their finances so they can take the next step.

$100M Practice Joins Cetera in New York

September 2, 2021No Comments

HD Financial Specialists wanted to affiliate with a firm that could handle its “specialized” client base.

Boring, but Beautiful: Big ETFs Keep Collecting Investor Cash

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Boring, but Beautiful: Big ETFs Keep Bringing in Investor Cash

FAs Weigh In: Biden’s Tax Proposals Merit Re-Examination of Estate Plans

June 2, 2021No Comments

“We should challenge our perspectives on wealth planning away from maximizing unrealized capital gains and deferring taxable income to better co-exist with these tax reforms,” says StrongBox Wealth managing partner Chuck Cooper III.

Merrill, Morgan Stanley FAs: Client Lending is Growing

April 7, 2021No Comments

Interest in merger and acquisition opportunities and residential and commercial real estate are factors driving the growth, advisors say, according to Barron’s.

Estate planning

Sanctuary Launches Family Office, Thanks to InnoVise

September 22, 2021No Comments

The new service will be led by InnoVise Family Wealth Advisors managing partner Brian Weiner.

FAs Weigh In: Top Financial Advice Questions from Clients

August 11, 2021No Comments

Advisors share what many of their clients are asking them.

Hungry-to-Learn Teens Turn to Social Media for Financial Education

July 26, 2021No Comments

A Wells Fargo survey shows that teenagers’ interest in investing has been boosted by the frenzy around GameStop as well as the ongoing interest in Bitcoin.

FAs Must Connect with Heirs of Clients to Avoid Getting Fired: Cerulli

July 20, 2021No Comments

Around 70% of heirs don’t retain the advisor who previously managed their inherited wealth, according to the research firm.

UBS Private Wealth Mgmt Adds Practice in Florida

July 15, 2021No Comments

The team has joined from Bernstein Private Wealth Management.

Tax planning

ETF Tax Breaks Biden Pledge: Fund Trade Group

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A proposal floated by a high-ranking Democratic senator would result in increased taxes for middle-class Americans, breaking a promise that President Joe Biden made on the campaign trail, the industry trade group’s chief executive said.

Sanctuary Launches Family Office, Thanks to InnoVise

September 22, 2021No Comments

The new service will be led by InnoVise Family Wealth Advisors managing partner Brian Weiner.

New Child Tax Credits Spur Bigger Contributions to 529 Plans

September 21, 2021No Comments

Families plan to put some or all of the newly expanded tax credit toward an existing account or use the funds to open a new one, according to a recent survey.

FAs Return to LPL After Years with Wells Fargo

September 21, 2021No Comments

NorthShore Financial is the first all-woman team to join LPL Financial’s wirehouse breakaways model.

New Bill Shoots at the Heart of ETFs' Tax Advantage

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New Bill Shoots at the Heart of ETF’s Tax Advantage

Retirement planning

OneDigital Rolls Out Retirement Services for Small Businesses

September 24, 2021No Comments

The new offering combines investment management of retirement plans with financial wellness and coaching.

Multiemployer Pensions Set to Run Out of Money, Despite Rescue Deal

September 24, 2021No Comments

A rescue package from President Joe Biden’s administration doesn’t address the funds being unable to earn higher return rates, FundFire reports.

Industry Lobbyists Urge More Time on DOL’s Fiduciary Rule

September 24, 2021No Comments

Sifma, the U.S. Chamber of Commerce and others want an extension of a temporary enforcement policy on exemptions.

Targeting Single Female Clients? Here Are Some Tips

September 16, 2021No Comments

Commonwealth Financial Network's Heather Zack says advisors should help single female clients become confident with their finances so they can take the next step.

House Committee Approves Compulsory Retirement Plans Bill

September 10, 2021No Comments

The new measure would require rather than recommend that employers with more than five employees set up automatic retirement savings plans.

Investment strategies

Vanguard's Weak ESG Chops Putting Client Money at Risk: Report

September 27, 2021No Comments

Vanguard is ignoring the risk climate change poses to its portfolios, and trillions of client dollars are on the line, a new report claims.

Signs Your ETF is Poised to Disappear

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Signs Your ETF is Poised to Disappear

Burning the Midnight Oil May Cost You in ETF Trading: Vanguard

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Burning the Midnight Oil May Cost You in ETF Trading: Vanguard

Fidelity Urges SEC to OK Bitcoin ETF in Private Meeting

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The company met with the regulator to argue in favor of offering investors direct exposure to Bitcoin rather than through Bitcoin futures-based products.

GSAM Launches Ark-Rival ETF, With Global Twist

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Goldman Sachs Asset Management hopes that the smaller-cap and global bent of its new thematic ETF will help it stand out among other giants in the space, like the $21 billion Ark Innovation ETF.