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Articles tagged "FA Insight"


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Jon Stein frequently rolls up his sleeves to handle Betterment investor queries as part of his non-robo strategy.

Consumer Reports names Betterment in top five for customer service with USAA, Schwab, Vanguard and T. Rowe Price

The recognition flies in the face of a bias against that says robos can't hold hands with their bony robot fingers

August 14, 2015 at 8:05 PM

Dina DiLorenzo: We are going to have a revenue sharing relationship for a period of time

With 'revenue sharing' as primary consideration, Guggenheim transfers its in-house RIA to HighTower

HighTower gets a substantial bounty of fee-generating assets and clients and Guggenheim avoids having to scale up

July 29, 2015 at 8:20 PM

Dan Inveen: The pay is probably out of whack with a similar job in another industry.

The giant raise RIA folk got in 2014 and the threat it poses in 2015

The 20% jump means money in the pocket and a rather frightening overhead scenario

January 12, 2015 at 8:38 PM

Doug Wolford: I believe that our full and fast response to this situation will in time become a model for the industry.

Convergent Wealth begins to pick up the pieces after David Zier's death

The $9.4-billion RIA is said to be facing massive challenges in retaining advisors and clients -- rumors discounted by CEO Doug Wolford

November 4, 2014 at 6:02 AM

John Schlifske: The proceeds from the sale will cap off what has proven to be a good investment for Northwestern Mutual.

Russell Investments sells for $2.7 billion and the new owner will flip its $250-billion asset manager -- yet again

The once-proud, family-owned Seattle firm is being sold by Northwestern Mutual and stripped for parts -- its indexes -- with its asset-management business as the throwaway

June 28, 2014 at 12:18 AM

Dwayne Grady and Caroline Girgis: We wouldn't have taken this much off the table if the price of the stock wasn't what it is.

United Capital drops a six-figure check on 10 partner firms in share buyback program financed by SageView

Joe Duran's company is belatedly paying fully vested firms for up to 25% of their stock after the 2008 crash threw off the promised liquidity schedule

March 18, 2014 at 5:27 PM

Dan Arnold: The advisor today spends roughly 35% to 40% of their time on prospecting for acquiring new assets or working with existing clients.

LPL gets the question from Wall Street analyst: How much more can you squeeze from your financial advisors?

The broker-dealer's CFO pointed to a 65% chunk of time not used to prospect or service clients

February 18, 2014 at 9:49 PM

Joe Duran: We really think our next wave of growth will be to open offices around the country with our retail brand.

United Capital's Joe Duran throttles back on deals as he opens an RIA version of Hamburger University

Stephanie Bogan will lead the training center that aims to create corporate 'mini-me's' around the country

November 28, 2012 at 4:44 AM

Bernie Clark: It's highly unlikely you'll see a five-year program. We'll continue to morph.

Schwab is creating an RIA MBA-equivalent to grease the skids of internal succession -- and internships to build an RIA worker-bee talent grab pile

One area of weakness for RIAs is finding the resources, time and expertise to train people, and Schwab is addressing the need

November 15, 2012 at 5:34 AM

Rebecca Pomering: Sometimes, you've got to paint the wall green to know that you don't like that shade.

Why the Moss Adams-Rowling Dold merger came apart despite looking picture-perfect on paper

Rigorous due diligence and good will count for a lot -- but not everything, as two ultimately mismatched RIAs were surprised to discover

July 16, 2012 at 3:33 PM

Michael Nathanson promised deals -- and quickly delivered.

Mintz Levin sells its $1.2 billion RIA, and Focus Financial nabs the assets through a partner firm

In an all-Boston deal, The Colony Group becomes a $2.5 billion behemoth only months after hooking up with the big New York consolidator

May 31, 2012 at 5:45 AM

Gregory Curtis: You have to stick to your knitting even if it costs you business -- which it will.

An $18-billion RIA tacks on a $24-billion U.S. Trust cast-off as the grab for UHNW magnets continues

Harris myCFO continues a shrewd strategy of serving the very, very rich as it puts CTC Consulting into its arsenal

May 3, 2012 at 5:21 AM

Tony Wood: We may be a minority owner, but we want to manage the firm and develop a business growth plan for them.

Dynasty is on the ground floor of a roll-up-like venture grabbing RIAs inside the largest accounting firms

Atlanta-based Method will parachute in to take over operational and management control of wealth managers providing advisory expertise their CPA-firm parents may lack

April 12, 2012 at 4:46 AM

Myles Pritchard: They were making it more difficult and they were getting ready to close accounts down.

Myles Pritchard thought it was better in the Bahamas and Merrill Lynch didn't -- so he left for life with CONCERT Wealth Management

With half of his clients offshore, the LA advisor grew disenchanted with Merrill's lack of appetite for international business

April 6, 2012 at 5:12 AM

John Copeland: We've been having a number of terrific conversations articulating our growth proposition to independent advisory firms.

AMG makes a dramatic entry into wealth management arena, buying majority stake in $10B Veritable

Veritable LP is the first in a series of very big RIAs the giant asset management firm has its eye on

March 21, 2012 at 5:42 AM

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