Summit Investment Advisory Services manages $490 million for clients in Minnesota, Wisconsin and Florida.
The new Amplify Inflation Fighter ETF joins a short list of strategies designed to hedge and leverage price pressures.
Refreshes mobile app and adds a digital empowerment tool.
Kornerstone, based in Chico, California, manages $560 million.
The 38 direct PE investments in wealth management last year compares to 23 in 2020 and 11 in 2019. Now PE is eyeing the wealthtech space.
Merchant insists the noncontrolling investment is distinct from traditional private equity capital, which often comes with a short-term commitment.
Hiring is getting more competitive at every level of an advisory firm, and compensation alone won't allow firms to keep pace.
The impact that market corrections can have on advisory firms' profits makes having the right strategy and doing an exceptional job of implementing it even more important.
Days after hiring Robert McCann, former UBS chairman for the Americas region, NewEdge announces more UBS veterans are joining the firm.
Robert Netzly has maintained his focus on biblically-based financial planning, while keeping his expectations low. The market is finding him.
Without saying 'I told you so,' advisers are reminding their clients that investing in crypto will be stomach churning.
HM Capital Management adds $5.5 billion in assets under advisement.
As the next generation of investors comes on board, advisers are repeating the age-old mantra about not panicking in response to market swings.
Klein Financial Advisors, a Newport Beach, California-based RIA, has a strong emphasis on serving women.
The Tennessee-based firm has sold a minority stake to Merchant Investment Management, citing the need to build scale in the fast-consolidating wealth management industry.
Hefren-Tillotson will add 90 financial advisers working out of six Pittsburgh-area offices to the more than 1,300 advisers in Baird's private wealth management business.
Lenox Wealth Advisors became Wealthspire over the weekend, with Private Capital Group and Private Ocean the next firms under NFP's umbrella to see name changes.
Andy Walker and Christen Covey open their own firm, Walker Covey Wealth Advisors, in Orem.
According to CFRA data, through the end of last year, active ETFs made up 4% of all ETF assets, and represented 10% of ETF net inflows in the past year.
The agency seems to be moving toward seeking admissions of guilt from firms based on first-of-their-kind enforcement actions that it has taken as well as comments that its leaders have made.
