Halo Investing, a Chicago-based online marketplace for structured notes, has launched a similar platform for annuities.
The service aims to allow financial advisers to shop for annuities. It offers fixed, variable and registered index-linked annuities from several carriers, including Allianz Life, as well as a team of annuity experts and an outsourced insurance desk that can serve as an adviser’s licensed agent of record.
In addition, the platform provides carriers’ real-time rates, up-to-date product information and digital and virtual client signing, suitability review and carrier submission, Halo said in a release.
The Merrill Lynch defectors expand RBC's reach in Texas while LPL bolsters its New York presence.
Separately, Cleveland Fed President Beth Hammack said the central bank could make a move by June if data show a clear economic trajectory.
After onboarding 26 new advisors in the first three months of 2025, the independent wealth platform is looking forward to continued momentum in Q2.
The SEC hailed the verdict against the investment advisor, who the agency said breached his fiduciary duty to retired and pre-retiree clients.
As Robinhood bets on prediction markets, advisors are skeptical of the app's push into the RIA custody and wealth management services.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
