Schwab advisors can now import their clients' accounts into the analytics engine, essentially letting them X-ray funds and portfolios for themes, exposures and holdings as easily as they use a Google search engine.
The charges against Michael and David Sztrom were filed late last week and are one of two complaints against advisors related to a California-based RIA.
Advisor Group onboards a new exec to oversee digital efforts; meanwhile automated RIA business support system startup Benjamin receives a seed round of funding.
Justin Robert King was offering interests in his company, Elevate Investment Fund, when there was no such legal entity, leading to nearly $4 million in investor losses, according to SEC allegations.
This week in fund news: Cannabis ETFs become more attractive as legalization possibilities expand, a Democratic Party trifecta could be great for markets and some fundsters pull their political dollars in the wake of the violence at the U.S. Capitol.
RIA support platform Integrated Advisors Network has acquired consultants ReDefine Independent Advisors in an effort to build out a more dedicated offering for breakaway wirehouse advisors.
The former TDAI executive spent the last days of 2020 studying for his CFP exam and taking a hard look at the regulatory landscape that faces financial planners in 2021.
ETF demand was broad based in 2020, as fixed income and commodity ETFs pulled in impressive net inflows relative to their size. In addition, investors continued to choose equity ETFs over often more expensive mutual funds.
