Mark DeLotto shares Simon Quick Advisors' evolution from family office to wealth management firm, discussing ownership culture, estate planning expertise and M&A strategy in wealth management.
Ryan Nauman and Zacks Investment Management's Sal Esposito touch on the evolution of ETFs, transparency in investments, the benefits of incorporating both SMAs and ETFs in portfolios and the role of research in investment management.
In 2024, high-net-worth households captured a disproportionate share of the $90 trillion in U.S. wealth, meaning more demand for holistic advisor services and a risk/reward decision in serving younger, less wealthy clients.
The fundraising round was led by GIC, Singapore’s sovereign wealth fund, to fuel product launches and executive hires, and values Altruist at $1.9 billion.
The past six months saw the RIA channel gain the most net new advisors, though wirehouse breakaways were most likely to take a half-step to hybrid models, according to the new data from AdvizorPro.
Ameriprise argues that a data breach notice it sent to current and former customers, some of whom are now with LPL, was an obligation and something LPL had agreed to under prior court orders.
Did someone forward you this newsletter? Sign up here to receive it direct.
You are subscribed to this newsletter as newsletter@newslettercollector.com
To ensure uninterrupted delivery of this critical eNewsletter alert be sure to add WealthManagement.com and the reply address to your list of safe sender contacts.
