AdvisorHub News of the Week - 10/18/2019
It’s looking likely that the SEC will dilute its whistleblower program created by the Wall Street oversight law back in 2010. Barron’s “Top 100” broker Patrick Dwyer is joining Boston Private Financial Holdings’ after a 25-year career at Merrill Lynch. Stifel, Nicolaus recently landed its second group of wirehouse advisors in a week, hiring a father-son team from UBS Wealth Management USA to open a new office in Bend, Oregon. To learn more about these stories visit www.AdvisorHub.com for the full length reports from Mason Braswell, Jed Horowitz and the AdvisorHub team.
Capitalizing on Illiquidity in the Muni Market
David Hammer, head of Municipal Bond Portfolio Management, and Rachel Betton, municipal bond portfolio manager, discuss how an interval fund structure may help investors earn higher after-tax income by exploiting structural illiquidity in the municipal market.
CAPTRUST Buys Private Advisory Group
Boston Advisors sold its Private Advisory Group to Captrust Financial Advisors. The Wealth Alliance launched as a RIA with two teams from Morgan Stanley teaming up. Bluespring Wealth Partners is growing its team with new hires.
AdvisorHub News of the Week - 10/11/2019
A team of four advisors and four associates bringing in about $6 million of annual revenue at a UBS Wealth Management office in New Albany, Ohio, just left for Morgan Stanley. High-income millennials are still worried about having enough money for retirement, according to a new report by the Spectrum Group. RBC Wealth Management-U.S. and Ameriprise Financial continue to pull from their larger rivals. To learn more about these stories visit www.AdvisorHub.com for the full length reports from Mason Braswell, Jed Horowitz and the AdvisorHub team.
AdvisorHub News of the Week - 10/04/2019
Rockefeller Capital Management hired its first broker in Southern California. Jim Boudreau and Brian Boudreau opened an independent firm in Colorado Springs. Finra’s annual Industry Snapshot report shows brokers aren’t jumping among firms at a frenzied pace. To learn more about these stories visit www.AdvisorHub.com for the full length reports from Mason Braswell, Jed Horowitz and the AdvisorHub team.
Retirement Investing Made Simpler
Todd Leszczynski of MFS provides an overview of MFS, target date funds and MFS Lifetime Funds.
AdvisorHub News of the Week - 9/27/2019
Ameriprise Financial and Raymond James Financial are attracting million-dollar teams from wirehouses that have curbed their hiring appetites. Family offices for some of the world’s wealthiest are increasing cash reserves and 55% believe the economy is headed for a recession by 2020, according to the 2019 UBS Global Family Office Report. Morgan Stanley has reached into rival UBS Wealth Management’s talent base, hiring a duo in Houston for its private wealth unit and a broker in Long Island managing $215 million. To learn more about these stories visit www.AdvisorHub.com for the full length reports from Mason Braswell, Jed Horowitz and the AdvisorHub team.
Glass Malek to Join The Colony Group
Glass Malek will join Focus Financial Partners firm The Colony Group. Fidelity Investments announced a new partnership with Ethic. Mariner Wealth Advisors acquired Snow Creek Wealth Management.
ESG Integration: The Final Piece of Portfolio Selection
Eoin Murray, head of investment at Hermes Investment Management, emphasizes the importance of investing in ESG factors sooner rather than later and underscores that wealth creation can co-exist with 'saving the planet.'
Catalyzing Markets to Achieve SDGs
Jeff Gitterman, co-founding partner of Gitterman Wealth Management, LLC, considers the role that public and private markets play by catalyzing markets for achieving the 17 Sustainable Development Goals.
Investing in the Circular Economy
Samira Salman is the COO of a single family office and Founder of Salman Solutions, discusses how 'patient capital' can solve some of the major global challenges through circular investments.
$130 million Advisor Joins Sanctuary Wealth
A $130 million advisor and gender equality leader Adrianne Yamaki is joining Sanctuary Wealth. Rockefeller Capital Management says it has now reached an agreement to acquire Financial Clarity in Silicon Valley. The United States is the winner of a new Morningstar study grading 26 countries on their fund fees.