Some large RIA principals are emerging as both gatekeepers and early-stage investors for tech startups with the potential to transform the advice industry.
AdvicePeriod’s Steve Lockshin was an early investor in Betterment. That opened the door for him to make more investments in fintech firms in the advisor space.
Tim Duncan settles his lawsuit against his former financial advisor, new report questions the process of manager selection and Matt Grossman picked to replace Racquel Oden at Merrill Lynch.