To power the new service, Chalice acquired Succession Link, an online matching service for M&A deals and formed a partnership with Oak Street Funding, a non-SBA lender.
A new bill package includes a section establishing who are fiduciaries, including broker/dealers, broker/dealer agents, insurance producers, investment advisors, federally covered advisors and investment advisor reps.
Two cases late last year and recent regulatory actions have underscored the need for firms to work this year on developing practice standards if they offer robo-advisory services or expect to do so.
Micah Shilanski transitioned from working 70-plus-hour workweeks to refining his practice down to the point where he can service all of his 160 clients while being in the office only four months of the year.
