Emotional elements, such as trust and personal connection with an advisor or advisory service, account for about 40 per cent of investors’ perceived value of financial advice, according to new research by Vanguard.
Hightower has made a strategic investment in Wellspring Associates, a boutique wealth planning and consulting firm specialising in estate, tax, philanthropic and legacy planning for ultra-high net worth families and individuals.
Wellspring has offices in Atlanta and Dallas, serving families each with an average of USD50 million or more in assets.
Refinitiv has appointed Charles Smith as head of Digital Solutions, Wealth Management.
Factor and analytical tool provider Style Analytics is offering its equity factor performance reports and a flash portfolio factor analysis free of charge for three months, in a move designed to help all investors navigate today’s volatile markets.
The Board of Directors of Envestnet has made four leadership appointments: William Crager as Chief Executive Officer; Stuart DePina as President of Envestnet; James Fox as Chairman of the Board of Directors; and Charles Roame as Vice Chairman of the Board of Directors.
Civic Technologies, a specialist in digital wallet solutions, has launched Civic Wallet, whish it says is the first and only crypto wallet to offer a USD1 million (USD) digital currency guarantee provided by Coincover.
Independent wealth management firm Ballentine Partners has appointed Elisa Gruber Lustig as Director of Private Investing.
Businesses all over the world are adjusting to the ‘new normal’ presented by the COVID-19 pandemic. The global crisis has seen workforces everywhere leaving their offices to work from home, with meetings moved to Teams and commutes side-lined thanks to social distancing.
Nucleus, an adviser-built wrap platform, has broadened its executive team by hiring Martin Ettles as its chief risk officer.
A new study from CoreData finds that UK financial advisers are failing to adequately prepare for the wealth transfer and expect to lose more than half of next generation clients.