Summit Financial, a Parsippany, N.J.-based registered investment advisor backed by Merchant Investment Management, has taken minority…
Category: Wealth Planning
SMAs, other investment portfolios ripe for ETFs
The appreciated assets locked in tax limbo from the capital gains in separately managed accounts amount…
Lido Advisors Secures Investment from HPS, Aims for Growth Beyond $30B AUM
Lido Advisors has sold a stake to HPS Investment Partners, which joins prior investor Charlesbank Capital…
Focus Taps Former Fisher Tech Lead as CTO
Focus Financial Partners has a new head who will oversee the strategy and implementation of technology…
Mary Beth Storjohann Steps Down as Abacus Wealth Partners Co-CEO
Mary Beth Storjohann, who merged her firm Workable Wealth into impact investing-focused Abacus Wealth Partners in…
5 tips for virtual financial advisors
Zoom calls and screen sharing may feel like the norm for many financial advisors these days,…
Implications After Federal CTA Changes
After a rollercoaster of activity related to the federal Corporate Transparency Act, the U.S. Treasury Department (Treasury) announced…
Mastering Customization and Model Portfolios
In this episode of Zephyr’s Adjusted for Risk Podcast, host Ryan Nauman welcomes Joe Mallen, CEO…
Remittance tax plan poses threat to US allies in Central America
A Republican proposal to tax remittances would deliver an economic blow to some of the U.S.’s…
Hightower Acquires in $2B Airline-Focused RIA
Hightower, the $168 billion registered investment advisor, has acquired Smith Anglin, a Dallas-based wealth manager specializing…
Misunderstandings keep families from claiming tax credits
Lack of awareness, fear of mistakes and penalties, and the cost of filing are preventing many…
Angeles Wealth Management Recruits Former Ellevest Advisor as Partner
Angeles Wealth Management, a registered investment advisor with about $2.4 billion in assets, announced the firm…
Stifel challenges $133M award, claiming arbitrator bias
Stifel is asking a court to toss out a nearly $133 million arbitration penalty, alleging that…
How AI reduced the need for a virtual assistant: Show Me Your Stack
Welcome to “Show Me Your Stack,” a series from Financial Planning in which we interview those…
Patriot National gets serious about private banking
Stamford, ConnecticutAdobe Stock Two months after shepherding a $58 million private placement to completion, Patriot National…
COVID-19 changed where financial advisors live. Here’s how
Financial advisors work where the money is, or at least that’s what the conventional wisdom says.…
Fifth Third offers wills to its customers, free of charge
Fifth Third is giving new meaning to the term “free will.” The Cincinnati-based regional bank is…
Simon Quick Creates Texas Base with Ex-Northern Trust Advisors
Simon Quick, a Morristown, N.J.-based wealth manager with roots as a family office, has established a…
Is scale a necessary evil in wealth management?
What do Morgan Stanley, Schwab, Edward Jones and Creative Planning have in common? Louis Diamond is…
CFP Board launches expedited bankruptcy, misdemeanor reviews
New procedural rules announced last week by the CFP Board, set to take effect May 23,…
FINRA feels broker pushback on side-business proposal
Brokers and industry groups are greeting a FINRA proposal meant to relax advisors’ obligation to report…