LUMINARIES 2023 Finalists: Financial & Investment Innovation — Firms, Group 2
These firms have created unique products, services and processes that meet advisors' and investors' latest needs.
ThinkAdvisor Luminaries
This pioneering recognition program celebrates top advisors, executives, firms, teams and programs by telling the stories of how they are driving the industry forward.
CONTAINS SPONSORED CONTENT
LUMINARIES 2023 Finalists: Financial & Investment Innovation — Firms, Group 2
These firms have created unique products, services and processes that meet advisors' and investors' latest needs.
Two Ways Advisors Can Add Value, Without Picking Stocks
"The industry's historical model of how we add value is under threat," MyVest CEO Anton Honickman says.
Summer Program for Future Planners Is Back
The organizer also has launched the Internship/Externship Program to help firms improve their internship efforts.
Envestnet Considers Possible Sale: Report
The wealth management platform has received interest from potential suitors, Reuters reports.
IRS Waives 2024 RMDs for IRA Beneficiaries Under 10-Year Rule
"Here we go again," Ed Slott tells ThinkAdvisor.
BofA Wealth Unit's Profits Jump 10%
Merrill gained about 7,300 net new client relationships in the first quarter.
Advisor Coach Reveals the 5 Challenges He's Asked About Most
Derrick Kinney, a former advisor, also shares his secret to helping clients make a smooth transition to retirement.
Dani Fava, Former Envestnet Exec, Jumps to Carson
"This is exactly the forward-thinking, client-centric organization I want to be a part of," Fava said.
How Fidelity's Helping Smaller RIAs 'Get to the Next Level'
Some firms lack resources to boost organic growth. One executive says they can "rely on us a lot for that expertise."
Carson Steps Down as CEO of Carson Group
Burt White's appointment is about "taking great care of clients and the firm," says industry veteran Larry Roth.
Crager Opens Up on Challenges Facing Envestnet, Advisors
Small firms will be consolidated, and what counts is "integration, not the next whiz-bang feature," says the ex-CEO.
Peter Mallouk: Tech Rally Will Endure 'For the Rest of Your Life'
But the Creative Planning CEO has a warning for investors about one popular stock.
5 Secrets to Building Your Brand Without Burning Out
Here's how to effectively market yourself and your firm without being overwhelmed by conference fatigue.
BlackRock's Fink Calls on Boomers to Fix 'Retirement Crisis'
"It's no wonder younger generations, millennials and Gen Z, are so economically anxious," Fink wrote in an investor letter.
BofA Launches Retirement Income Portfolios
The offering aims to provide a reliable money stream, even during inflation and market swings.
Dani Fava Is Leaving Envestnet
She is moving to "a company well-placed to capitalize on emerging industry trends," she said on LinkedIn.
CFO Paul Shoukry was immediately named president and will become CEO in fiscal 2025.
How to Boost Client Confidence, According to Research
Advisors must "get inside the hearts and minds of clients in a more robust way," Julie Littlechild says.
Using AI to Give Clients What They Want, but Aren't Getting
Showing prospects what AI can do tends to "sweep them off their feet," FP Alpha's Andrew Altfest says.
LPL Grabs Advisors With $700M From Osaic
The seven financial advisors making the move work in five different teams and are all based near Minneapolis.
Couplr AI Launches Tool for Finding 'Orphaned' Accounts
The firm says its technology aims to match advisors and clients with such assets, which should also contribute to business growth.
Orion Taps CAIS Alts Investment Platform
The deal will give Orion's Wealth Advisory and OCIO clients access to private equity, debt and real estate products.
Advyzon Taps Schwab Veteran to Lead New Unit
Kartik Srinivasan will focus on developing offerings that cater to the growing needs of advisors serving more complex clients.
CFP Board Launches 'Wealth Is Women's Work' Scholarship Program
The program aims to cover part of the exam fee for young women hoping to become CFPs.
Gün Keresteci was previously the global head of finance at consultancy McKinsey & Co.
LPL Sees Recruiting Benefits From Souped-Up HNW Services
Many advisors on the move today want the ability to serve wealthy clients more holistically, Jen Hollers says.
Burt White: 'If We Lose the Humanity, We're Toast'
Carson Group is looking to the future and has big M&A plans, the exec tells ThinkAdvisor.
An Asset Manager's Key to Boosting After-Tax Wealth
Frank Pape of Frontier talks about tax-friendly investment processes and why advisors should stop discussing "standard deviations."
Advisor M&A Fell in 2023: Why DeVoe Says It's No Big Deal
RIA deal closings declined for the first time in a decade, DeVoe & Co. reported.
LPL's Steinmeier: Who Are You Calling an IBD?
"We have really shed that skin," the firm's top business development executive tells ThinkAdvisor.
Cambridge Launches New Fee-Only RIA
BridgePort Financial Solutions, led by Eddie Rollins, will acquire stakes in small and midsize firms.
Tax and Wealth Management Meet in a Growing Sweet Spot
CFP and enrolled agent Dave Alison leans in to a "holistic" foundation to serve clients and advisors alike.
The Biggest Gaps in RIAs Today: Joe Duran
Here's what stands between midsize firms and the national market, according to the former United Capital CEO.
On Stage: The LUMINARIES 2023 Awards Ceremony
We spotlight this year's winners, who came dressed to impress for the recognition event at New York's Gotham Hall.
20 Books Loved by Industry Execs
Carl Richards, Bill Crager, Natalie Wolfsen and others recommend these reads for inspiration, lessons in leadership and fun.
Alger Lost Its CEO on 9/11. Dan Chung Stepped Up.
Chung, now CEO, rebuilt the growth-investing boutique by recognizing talent and complementing weaknesses (his own).
Why Financial Planning Beats Asset Management for Client Retention: Jeff Dekko
The CEO of Wealth Enhancement Group talks about building a cohesive culture while growing at breakneck speed.
Tom James to Leave Raymond James' Board
He will keep an office at the firm's headquarters "and continue in several advisory roles," the bank says.
Meet the 2023 LUMINARIES Winners
We recognized this year's winners at our third annual gala, held Tuesday at Gotham Hall in New York.
How Adding Riskier Assets Can Lower Portfolio Risk
Advisor David Scranton's approach for clients includes higher-dividend equity strategies and bond-like investments.
Helping 'Millionaires Next Door' Build Their Assets and Spend Them
Wealth advisor Dustin Gale reminds overly frugal clients "that they can't take it with them."
LUMINARIES 2023 Finalists: Executive Leadership — Individuals, Group 2
Here's how executives at RIAs and retirement-focused firms are changing the advice industry.
LUMINARIES 2023 Finalists: Executive Leadership — Firms
These broker-dealers, RIAs and other financial services groups are making a difference through their unique initiatives.
LUMINARIES 2023 Finalists: Executive Leadership — Individuals, Group 1
Here's how executives at BDs, consulting and educational groups and financial technology firms are changing the industry.
LUMINARIES 2023 Finalists: Community Impact — Individuals
Here's how financial advisors, industry executives and asset managers are making a difference — locally and nationwide.
LUMINARIES 2023 Finalists: Community Impact — Firms
Here's how broker-dealers, RIAs and other financial-services groups are making a difference — locally and nationwide.
LUMINARIES 2023 Finalists: Thought Leadership & Education — Firms, Group 1
These top industry programs are paving the way for advisors to better serve clients and grow their practices.
LUMINARIES 2023 Finalists: Thought Leadership & Education — Firms, Group 2
These top industry programs are paving the way for advisors to better serve clients and grow their practices.
LUMINARIES 2023 Finalists: Thought Leadership & Education — Individuals
These industry VIPs are leading the way with podcasts, TikTok content and tax strategies to help advisors grow their practices.
LUMINARIES 2023 Finalists: Financial & Investment Innovation — Individuals
These VIPs have helped create unique products, services and processes that meet advisors' and investors' latest needs.
LUMINARIES 2023 Finalists: Financial & Investment Innovation — Firms, Group 2
These firms have created unique products, services and processes that meet advisors' and investors' latest needs.
SPONSORED BY ALGER
How Charitable Works and Philanthropy Connect Alger to Its Community
Alger CEO Dan Chung shows how giving back helps the financial industry and those communities that advisors serve and live in.
SPONSORED BY ICAPITAL
iCapital Brings Alternative Investment Opportunities to Advisors
CEO Lawrence Calcano shares how technology innovation and education may help advisors and their clients identify new opportunities in the alternative investment marketplace.
SPONSORED BY VESTMARK
How Vestmark Uses Innovation to Help Advisors With Tax and Portfolio Management
Vestmark's David Gordon discusses how the company's VAST platform shows how innovation helps in the financial sector.
This pioneering recognition program celebrates top advisors, executives, firms, teams and programs by telling the stories of how they are driving the industry forward.
Visit the Event SiteSPONSORED BY RAYMOND JAMES
How Raymond James' Jodi Perry Created a Trailblazing, 30-Year Career
Raymond James' Jodi Perry reflects on three decades in the financial services and advisor industry and what leadership means to her.
Our distinguished judging panel and seasoned editorial team are seeking the names of the best-of-the-best across the advisory business. In evaluating entries, we take into account a number of factors...
Our distinguished judging panel and seasoned editorial team are seeking the names of the best-of-the-best across the advisory business. In evaluating entries, we take into account a number of factors...