The Wealth Advisor

Contributor

The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

AssetMark to Enter Strategic Alliance with Morningstar Wealth, Acquire Assets from TAMP Business

Wealth management platform AssetMark, Inc., a wholly owned subsidiary of AssetMark Financial Holdings, Inc. and a Registered Investment Adviser (collectively “AssetMark”), has announced a strategic alliance with Morningstar Wealth, a division of independent investing insights firm Morningstar, Inc. (Nasdaq: MORN).

TIFIN Give and AssetMark Announce New Collaboration to Create A Modern Donor-Advised Fund Platform for Financial Advisors and Their Clients

TIFIN Give, a modern philanthropy platform serving families, employees, and other cause-based communities, is thrilled to announce a new strategic relationship with AssetMark, a prominent wealth management platform provider.

CPAlliance: 3 Reasons You Need a TAMP

(CPAlliance) We've discussed the importance of partnering with the right TAMP and scaling back your tax practice to invest more time in your financial planning practice. The latter is straightforward: as you earn revenue with financial planning and investment advisory services, you’ll be able to reduce your tax workload dollar for dollar and exponentially increase the time available to better serve your clients! Finding the right TAMP, however, requires a deeper dive.

SMArtX Advisory Solutions Selects Dan Phillips as Chief Investment Officer

SMArtX Advisory Solutions, an innovator in managed accounts technology, has announced the appointment of Daniel (“Dan”) Phillips as Chief Investment Officer (CIO). The newly added CIO role signifies SMArtX’s commitment to delivering customized turnkey investment solutions and services to its clients.

Adhesion: Debunking Myths About Outsourced Investment Management

(Adhesion) Outsourced Investment management is a strategy for financial advisors who want to enhance their services and guide their clients toward financial prosperity. RIAs are making the switch to outsourcing, but despite the growing popularity, there are still many misconceptions that may deter advisors from considering this route.

Let’s demystify some of those myths.

Myth 1: Outsourced Investment Management Leads to a Loss of Control Over Investment Decisions