Category: Wealth

  • LPL Adds $200M Father/Daughter Team From Edward Jones

    LPL Financial has added a father and daughter advisor team in Flowood, Miss., managing nearly $200 million in client assets. Dan and Olivia Countiss, who have launched their new practice, Countiss Wealth Management, join from Edward Jones. The team, which serves nearly 500 families and business owners, also includes Investment Analyst Chandler Duke and Client…

  • $10B Good Life Opens Orlando Headquarters

    Good Life Companies, a Reading, Pa.–based network of independent advisors that includes an RIA and large enterprise affiliated with LPL Financial, has opened a second headquarters in Celebration, Fla., a suburb of Orlando and a community that was developed by The Walt Disney Company. The new location will be opened by the end of this year, and…

  • The Future of 401(k) Managed Accounts

    At a recent TPSU training program, Fisher Investment’s Jonathan Dues made the case for managed accounts. One plan sponsor asked why she needed it, as her retirement plan advisor provided guidance to her employees. Why incur additional expenses? The reality is that even the most well-intentioned RPA with significant resources cannot effectively work with every employee.…

  • SEC’s Top Cop Concerned About Private Credit Valuations, Opacity

    (Bloomberg) — The booming private credit market is of growing concern to the top enforcement official at the US Securities and Exchange Commission. During a wide-ranging interview this week, Gurbir Grewal said he sees a range of potential risks in the $1.7 trillion private-lending industry. The enforcement chief signaled everything from market concentration to the…

  • 2050 Wealth Partners Co-Founders Split, Launch Own RIAs

    In 2020, nextgen advisor Rianka Dorsainvil merged her financial planning practice with that of financial planner Lazetta Braxton to create the registered investment advisor firm 2050 Wealth Partners. This week, the two have split off from each other, launching their own RIAs. Dorsainvil said when she returned from maternity leave in December 2023, the women decided to…

  • Family Offices Seek Alpha in Mega Trends

    Institutional family offices have become major forces in public and private markets. They have increased in size, sophistication and influence. Their needs are increasingly global, complex and multifaceted. They are often leading indicators of the most interesting and exciting investment trends, but they also rely upon experienced advisors for bespoke investment opportunities, curated content and networking with…

  • $1B Florida Team Joins Snowden Lane From Morgan Stanley

    Snowden Lane has enticed a $1 billion Florida-based advisory team away from Morgan Stanley. Jaime Sanchez Yarza leads the three-person Yarza Group. He’ll join Snowden Lane Partners as a senior partner and managing director, and the team will work out of Snowden Lane’s Coral Gables offices.  He’ll be joined by Portfolio Director and Senior Client Relationship…

  • Dimensional Fund Advisors Set to Launch UMA Platform

    Dimensional Fund Advisors, an Austin, Texas-based $719 billion investment manager that sponsors ETFs, mutual funds and separately managed accounts, is rolling out a new unified managed account platform next month.  The UMA platform—an expansion of Dimensional’s SMA capabilities that launched two years ago—will enable advisors to manage investments including Dimensional’s 38 ETFs, more than 1,500 third-party ETFs and…

  • EncorEstate apporte une touche humaine à Estate Tech

    De nombreuses entreprises de technologie financière vantent la valeur du contact humain tout en s’efforçant activement de le supprimer autant que possible. Mais c’est l’écart Plans EncorEstate cherche à combler grâce à son service et à son soutien à des conseillers qui assurent la planification successorale pour la première fois et à l’utilisation d’experts humains…

  • Fisher Investments va exploiter une entreprise 401(k) de 4,75 milliards de dollars

    Fisher Investments, un conseiller en investissement enregistré de 275 milliards de dollars qui a annoncé la semaine dernière son intention de vendre une participation minoritaire dans la société, va scinder son activité Fisher 401(k) Solutions en une nouvelle société indépendante, a confirmé la société. La nouvelle entité s’appellera Fisher Retirement Solutions. Nathan Fisher, vice-président exécutif…