Minneapolis-based Wealth Enhancement Group, the registered investment advisory bought by private equity firm Lightyear Capital last April, has acquired HHG & Company, a Darien, Conn.-based RIA with $1 billion in assets. While Wealth...
Watch it grow. | weerapatkiatdumrong/iStock/Thinkstock
A growing number of advisors and investors are catching on to sustainability investing; U.S. managed assets that invest using environmental, social and corporate governance and other socia...
Looking out for No. 1 | Copyright Andrew Burton, Getty Images
BlackRock is not only the largest asset manager in the world based on assets under management, but it is also the asset management company that most financial professionals want to ...
The Financial Industry Regulatory Authority’s recently announced review of firms’ internal compliance culture, as well as its recent crackdown of repeat offenders and the firms that employ them, has caused grumbling throughout the industry.
Bu...
Resistance is futile.
Advisors have moved past the denial stage, and are realizing the dominance of digital advice. Nine in 10 RIAs believe robo advisors will become more prevalent in financial services over the next two years, according to ne...
The money man.
Former Heisman Trophy winner and NFL running back Eddie George announced that he plans to open an advisory firm called Edward N. George Wealth Management to help young professional athletes with their finances. “When I came int...
Follow the money. | Copyright Lintao Zhang, Getty Images
Beijing has sneaked past New York City as the home of the most billionaires, according to Shanghai-based magazine Hurun. Based on Jan. 15 stock prices, there are now 100 billionaires liv...
