This news service talks to Skip Schweiss, the new president of the Financial Planning Association. He's not worried that a Big Tech player such as Amazon will enter the financial services market.
On the same day that a report came out pointing to record RIA merger and acquisition activity, one of the most prominent players in the field announced yet another deal.
An organization tracking corporate activity in the RIA industry talks about the growth of "Meta-Firms" - an elite group of large wealth management groups increasingly standing apart from the mass.
Figures show that the group's consumer and wealth management business now accounts for 13 per cent of revenues. Goldman Sachs has expanded into the wealth business over recent years, for example, via its United Capital acquisition of more than a year ago.
The latest senior moves in asset and wealth management from across the US. ...
The AI Insight platform offers advisors investment research, training, qualification, and compliance support for a range of alternative investments, including private capital, hedge funds, nontraded REITs and BD...
Here is a summary of the major US banks' financial statements for the fourth quarter of 2020 and for the full year. In general, figures held up relatively well and assets under management rose on the back of hig...
The group building the RIA is a three-generation family operation. Performance wealth, as the new group is named, has offices in Illinois, Florida and California. ...
The global hedge fund sector has ended up having a robust 2020, pushing back against some of the difficult times it has experienced in recent years, new figures show. A recent poll of family offices worldwide al...
A new book by a UK journalist challenges a number of economic ideas that he says have damaged living standards, fostered inequality and other problems. It describes the world that the wealth industry inhabits, a...
This news service talks to a US venture capital firm that operates in health-related sectors, stretching from foods, personal care and beauty. It is an example of the kind of sectoral approaches that drive sourc...
An enduring debate in wealth management is how advisors should segment clients, or should they at all? Should they be guided by financial metrics, such as minimum investible assets, or by sources of the money? W...
As we sign off ahead of the holiday, Group Editor Tom Burroughes looks back at an extraordinary 12 months for the wealth management industry and wider world. ...
The number of special purpose acquisition companies entering the market has risen by more than four times this year. These entities provide buyers with a low-cost entry into the vehicle and the stakes become a l...