The argument some RIAs are making—that the PPP loan is a business loan, no different than any other, and comes with risk, and is not bailout money—just doesn't wash.
Peter Mallouk’s firm took in $500 million in net new assets, and over a hundred new clients, during the past few weeks. 'It’s been our best month in a long time.'
Clients who changed their relationship with financial advisors during the financial crisis of 2008 hold a clue to what they are looking for during the current one.
One factor driving the rapid rise of M&A in the advisory industry? It’s increasingly the only way to grow a practice into a sustainable business, argued a trio of RIA executives at the recent TDAI conference.
Tom Nally tells advisors gathered for the firm’s national conference it’s business as usual, even as the DOJ signals more scrutiny of the proposed acquisition by rival Charles Schwab.
