The Assets: Portfolio management
March 31, 2021
Home Office News: Merrill Doubling Florida Private Wealth Teams, RBC Wealth Adding Third-Party Models, JPMorgan Drops ‘You Invest’ Brand, and More
A roundup of key updates from major broker-dealers, RIA custodians, and other distributors.
March 29, 2021
JPMorgan Commits to Hiring 300 Black and Latino Advisors by 2025
The firm’s diversity strategy includes partnerships with historically black colleges and universities, promoting internal mobility and resources to help diverse employees.
March 25, 2021
Fractional Shares Help Bring SMAs to Larger Investor Pool
More wealth management firms are set to adopt fractional trading and fractional ownership platforms, says Brian Langstraat, CEO of Parametric.
Video [ 3:24 ]
March 24, 2021
FAs Weigh In: Clients Mostly Ask About Financial Health and Taxes
Questions include: Am I going to be OK? How do I live off of the income of my portfolio with bond yields being so low? What are the future tax rates?
March 23, 2021
Independent RIAs Increase Use of Third-Party Model Portfolios
Independent registered investment advisors are using more third-party model portfolios, advisor sleeves and direct indexing, says Barrett Ayers, president of Adhesion Wealth.
Video [ 2:25 ]
March 26, 2021
Covid-19 Gives Alts a Shot in the Arm: Survey
Advisors who want to diversify client portfolios with alternatives are leaning toward private markets and real estate, a survey by PPB Capital Partners shows.
March 19, 2021
UBS Exec Using No-Fee SMAs To Attract FA Recruits
The no-fee separately managed accounts strip away the potential for conflicts that are being scrutinized under Regulation Best Interest, according to the executive.
March 17, 2021
FAs Weigh In: Greed Mindset for Some Investors, Nervousness for Others
One challenge a financial advisor faces is tempering the greed mindset and getting clients to stick with their long-term plans.
March 16, 2021
Morgan Stanley Targets Young Athletes Through Financial Education
The wirehouse's Global Sports and Entertainment group focuses on the specialized needs of entertainers and athletes.
Video [ 2:19 ]
March 11, 2021
FAs Should Prioritize Fees, Open Architecture in Picking Models: Survey
Morningstar Direct polled 18 portoflio providers about the top considerations for advisors in choosing a model.