Three Westport, Conn.-based financial advisors are leaving Procyon Partners, the Dynasty- and Constellation Wealth Capital-backed registered…
Category: Asset Allocation
&Partners Brings on Another Wells Fargo Team
&Partners, a St. Louis-based hybrid broker/dealer launched by the former president and CEO of Wells Fargo…
RIAs More Hesitant on Direct Indexing Than Wirehouse Peers
Registered investment advisors are more hesitant to use direct indexing than their wirehouse peers for reasons…
Summit Trail Advisors Hires Jeff Ringdahl as President and COO
Summit Trail Advisors, a Dynasty-backed registered investment advisor with $23.6 billion in assets under management, has…
Tax Law Update: June 2025
• Tax Court holds for taxpayer on reasonable reliance on an appraisal for charitable deduction—In WT…
Debunking the Snowflake Myth of Family Offices
There’s a well-worn phrase in wealth management: “If you’ve seen one family office, you’ve seen one family…
Mariner Platform Solutions Attracts Two Veteran Advisors from Choreo
Two financial advisors who were with Choreo Advisors for over 20 years have left to join…
Cross-Border Tax Challenges for Financial Advisors in Global Business Travel
A resurgence in international business travel could trigger tax challenges for financial advisors. According to a…
On the Cover: June 2025
Image: Courtesy of Doyle Miriam Schapiro’s Flash & Annie Series #2 sold for $4,800 at Doyle’s…
Cary Street Partners Acquires Former Osaic Affiliate IFS Advisors
Cary Street Grows to $10.7B with Former Osaic Affiliate Cary Street Partners, a $10.7 billion RIA…
Dual Enrollment, AP and IB
If your clients have children heading to college someday, they will undoubtedly be keenly interested in…
A New Challenge for 401(k) Plan Advisors
Forfeiture lawsuits are the latest hot trend in ERISA litigation. The deluge of ERISA lawsuits triggers…
Former Hightower Advisor Moves Discrimination Lawsuit to Illinois
Last summer, Massachusetts-based advisor Glenn Frank filed a lawsuit in his home state against Hightower Holdings…
The Financial Advisor’s Guide to RIA Independence
For many advisory teams, staying inside a wirehouse or broker/dealer feels restrictive. They want more control…
Strong Governance Key For Firms’ Generative AI Usage
The gravest risk firms face when opting to use generative artificial intelligence tools is the governance…
Advisors Accuse Ameriprise of “Mud-Slinging” and “Name Calling”
Advisors at the center of the ongoing legal battle between Ameriprise and LPL Financial have filed…
Osaic Adds Five Credit Unions With Combined $500M From Atria
Osaic Institutions, the company’s broker/dealer entity that focuses on advisors at banks and credit unions, has…
Empower Launches Private Market Option for 401(k) Savers
Empower, the country’s second-largest provider of workplace retirement plans, has taken another step in “democratizing” private…
Introducing Advanced Life Insurance Case Designs in Times of Uncertainty
Some time ago, I suggested a rule of thumb for advisors reviewing a proposal for premium…
Liam Payne Died Without a Will
Liam Payne, an English singer and songwriter who skyrocketed to fame as part of the best-selling…
How Vulnerability Transforms Leadership with Stacie Calder
When Stacie Calder first joined the financial services industry, she pounded the pavement and quickly climbed…
FINRA Crypto Sweep Likely Resulting in Some Enforcement
There will likely be a “small number” of formal enforcement actions stemming from the Financial Industry…