From On Wall Street
Added on July 2015 in M&A Issues
0 visitor like this article | Viewed 4913 times | 0 comment
Summary: The wealth management operation at Barclays may have been a small piece of the British bank's business. But at one point it had become a rising star, one which now appears to be falling.
From Think Advisor
0 visitor like this article | Viewed 3841 times | 0 comment
Summary: Consolidation among financial advisory firms will not only continue in the coming years but also accelerate, according to LPL executives at the firm’s Focus 2015 conference in Boston. But as that industry trend continues, reducing the number of firms, LPL itself expects to recruit more advisors, especially in its RIA hybrid channel, its fastest growing.
From Financial Advisor IQ
1 visitor like this article | Viewed 4328 times | 0 comment
Summary: Though initially slow to gather investor assets, low-cost robo-advisors have begun to accumulate an impressive amount over the past year or so. The largest, Wealthfront, just topped $2 billion under management. More impressive, big platform providers like Fidelity and Envestnet have bought or cut deals with robos as the backbone for consumer or institutional offerings.
From Wall Street Journal
Added on July 2015 in M&A Issues
0 visitor like this article | Viewed 4760 times | 0 comment
Summary: A half dozen financial advisers from Barclays PLC’s U.S. wealth-management group, including its former head, have left the firm to form a multi-billion-dollar independent practice with national ambitions.
From Financial Planning
1 visitor like this article | Viewed 3838 times | 0 comment
Summery: Summer has finally arrived, ushering in some welcome rest – and hopefully some time for a good book. Advisors and other wealth management execs share their top picks for planners. These titles cover all the bases, from practice management and leadership development to behavioral finance and personal finance.
