Wealth Management industry news covering the financial markets, trends and wealth professionals.
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Model portfolio marketplaces on fintech platforms were hyped as the next wave of innovation for indie advisors. But some asset managers say the money is just not showing up.
One securities attorney said SEC staff will likely continue identifying firms that did not file and deliver their disclosure forms on time, saying it was the “lowest-hanging fruit” of CRS-related enforcement actions.
Gina Haspel will oversee King & Spalding’s risk-advisory service, working with major banks and other institutional firms to help clients assess risks to family wealth.
CI’s deal with Seattle-based McCutchen Group is its first in the Pacific Northwest, and it will expand the firm's footprint in the ultra-high-net-worth market.