Advisors
News updates, trends and analysis on financial advisors, investment advisors (RIAs), and financial planners (CFPs).
SEI Restructures Advisor Business
By Janet LevauxThe development follows the TAMP's March 31 acquisition of Oranj's technology platform.
July 15, 2021
Envestnet, Dynasty Report Strong Demand for ASx Platform: Tech RoundupAlso, AltsAxis launched an alternative investment platform and social network.
July 14, 2021
Benz, Kitces Debate Advisor Investment Accountability"Who's there to oversee these active investment choices that advisors are making?" Morningstar's Christine Benz asks.
July 14, 2021
BofA Targets Wealthy Florida Clients as Advisors Set to DoubleRevenue for the bank's wealth businesses, including Merrill, rose 14% from a year ago to hit $5.1 billion in the second quarter.
July 13, 2021
15 Advisors Moved to Janney in Q2 From Merrill, Wells Fargo, Other RivalsThe recruits added more than $3.8 billion in assets under advisement to Janney during the quarter.
July 13, 2021
Raymond James Adds 12 Ex-Wirehouse Advisors Managing $2.2BThe additions grow the firm's footprint in South Florida.
July 13, 2021
BlackRock Boosts SMA Capabilities With Stake in SpiderRock AdvisorsSpiderRock's strategies, available through RIA custodians, are focused on risk management and yield enhancement.
July 12, 2021
U.S. Bank Buys PFM Asset Management BusinessThe unit will keep operating as a separate entity; PFM's financial advisory business is not part of the deal.