Advisors
News updates, trends and analysis on financial advisors, investment advisors (RIAs), and financial planners (CFPs).
BofA, Wells Fargo Veterans Launch RIA
By Jeff BermanMembers of the new Fidelis Capital team members previously managed a total of $6 billion in client assets.
August 12, 2022
Bento Engine President, Former J.P. Morgan Exec Dies at 62Greg Quental passed away "suddenly this past Saturday … in Connecticut of natural causes," said the fintech firm's CEO Philipp Hecker.
August 12, 2022
The Inflation Reduction Act's Impact on Your Client's Bottom LineThe act, being voted on Friday, would raise taxes on some corporations, reduce drug costs and tackle climate change.
August 12, 2022
3 Ways to Help Portfolios Get Ready for a Recession: BenzWith a looming slowdown, advisors could consider trimming some investment positions and expanding others, Morningstar's Chrstine Benz says.
August 11, 2022
Envestnet Institute On Campus Adds Franklin Templeton as Sponsor: Tech RoundupAlso, LinkedIn's latest compliance partner is RIA in a Box.
August 11, 2022
Barred Broker Sentenced to 5 Years in Prison Over $7M Ponzi SchemeThe ex-broker used clients' funds on credit card and country club payments, as well as Red Sox tickets.
August 10, 2022
Morgan Stanley Sued by Ex-Broker Over Arb AwardThe firm's former registered rep alleged he was wrongfully terminated and defamed by the wirehouse.
August 09, 2022
Kitces: Why Advisors Must Specialize NowThe average annual income of a traditional financial advisor is 12% less than a niche advisor's, he says,