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Mike Greene will serve out the term of Joe Votava, who resigned earlier this year as chair-elect due to personal and business reasons.
Focus now has 34 partner firms nationally and three in the suburban Chicago market with the addition of Relative Value Partners.
"Branding initiatives are critical today, and the CFP Board should be applauded for its effort, but it's really difficult to assess the effectiveness of a national campaign on a local level," says marketing expert April Rudin.
"LPL is a different place than when we started there 11 years ago," says CBD Wealth Management partner Robert Comeaux, Jr.
"The industry is in a position of undeniable strength. I am confident that you'll be able to win," Schwab EVP Bernie Clark will advisors at the EXPLORE conference.
Business development and investment management are the most difficult positions to fill, a new Schwab study found.
The fiduciary rule proposed by the Labor Department this spring is taking up most of the spotlight.
The new digital platform will cost 10 basis points for advisors who have less than $100 million in AUM under custody with Schwab, but advisors who have more under custody won't be charged a fee.
The Constellation deal underscores the importance of banks continuing to be major players in RIA mergers and acquisitions.
“The ‘couples conundrum’ is a real risk for financial advisors, who need to get closer to couples and make a deeper connection with them,” says Jennifer Pedigo, managing director for TIAA-CREF Asset Management.
"There’s a huge opportunity for wealth managers to provide advice and services around social impact," says Capgemini’s William Sullivan.
A new set of players have shaken up the independent broker-dealer landscape, showing that there's more than one way to throw your weight around. See this year's top players.
Savant's latest deal exemplifies a growing M&A trend: Larger RIAs buying smaller advisory firms, often in the same geographic region.
The wealth division has $700 million in assets under management, according to its latest Form ADV, and only 20 employees performing 'investment advisory functions.'
The job offer from a commercial landscaper came "out of left field," says Dan Krems.
Key to the hire was ex-Fortigent CIO Scott Welch's strong relationships with many of the country's top RIA wealth managers.
Public hearings begin on Aug. 10 and comments may stretch beyond four months.
Gen X has more money than the younger millennial cohort -- but it has the same cultural disconnect with advisors. Advisors should start worrying.
Impressed by LPL's size and scale, Faubourg Private Wealth Advisors also liked the idea of working with super-OSJ Level Four for additional flexibility, the firms' investment models and multi-custodian platform.
Cetera's assets under management climbed to $46 billion for the first quarter, up 32% from $35 billion for the same period last year. Adjusted EBITDA soared 50% to $36 million.