Chubb creates a cyber risk index, Reegan Rae named managing director for Arnerich Massena’s Wealth Management and Kestra adds True Alpha Wealth Management.
The acquisition of FTJ FundChoice doesn’t yet make Orion a threat to giant Envestnet, say observers, but it will help the firm capitalize on a growing demand for customized accounts at all levels of the industry.
FINRA’s recent alert of the risks that financial data aggregation poses to clients fails to highlight the crucial role the technology plays in protecting them in many other ways.
Most clients expect to see all their financial data in one place, but some aggregation techniques—like “screen scraping” or requiring usernames and passwords for access to accounts—put them at risk. As an industry we need to lead with standards...
Financial advisors are more stressed than other professions, nearly a quarter of advisors moved in the past five years and Stan Lee may be the victim of elder abuse.
A survey by Pershing shows that advisors who move beyond investment management and offer clients expanded financial planning services aren’t feeling the pressure to reduce their fees.
