Industry

The firm, co-founded by serial entrepreneur Jud Mackrill, seeks to fill RIA firms' need for business intelligence, data consolidation and integration.

Morningstar’s latest U.S. Active/Passive Barometer compared active and passive fund performance over the year ending in June.

According to the commission, Donald Anthony Wright made false statements when selling promissory notes to clients to fund the purchase of a Texas-based media marketing company.

For an upfront purchase price of $50 million, the deal brings $47 billion of assets in the emerging and mid-market retirement plan segments and competitive ESOP administration.

The AI-driven platform, which launched in 2022, shares many similarities with Finny and Aidentified.

Wealth management executives discussed how their firms are responding to criticism of DEI initiatives during a recent WealthManagement.com think tank.

One obstacle retail investors face is a lack of appropriate recommendations from their financial advisors, according to the FTSE Russell Wealth Survey.

The firm has 10 products spanning credit, real assets, infrastructure and equity, and has added about 200 people who work in wealth over the last five years.

The wirehouse is accusing Corbin Hoffner of abruptly departing for Raymond James and soliciting the clients of a recently retired advisor just days after he took over the accounts.