Amplify:Improving Firm-Wide Communication
(Amplify) Is the asset management industry shrinking? PwC’s 2023 Global Asset and Wealth Management Survey reports that by 2027, 16% of existing asset and wealth management (AWM) companies “will have been swallowed up or have fallen by the wayside.” PWC also notes that number as nearly twice the historical turnover rate.
GeoWealth: Cut Through Financial Jargon
(GeoWealth) From A to Z, here's your glossary of essential industry terms for financial advisors. We cover the hot button terms that your clients want to know more about, whether they've heard it mentioned on CNBC or caught it in the op-ed column of their favorite newspaper.
Check it out HERE.
We’re here to empower you with the knowledge necessary for informed decision-making in the ever-evolving landscape of investment management.
AssetMark: The Art of Effective Cash Management
(AssetMark) In the world of finance, the spotlight often falls on investments like stocks, bonds, and real estate. While these assets undoubtedly play a significant role in building wealth, one crucial aspect often overlooked is cash. Contrary to popular belief, cash is far from a stagnant, idle resource. In fact, it plays a vital role in helping clients achieve their financial goals.
Citi Wealth Division's CIO Bailin to Depart After 15 Years
Citigroup's David Bailin, chief investment officer (CIO) at the global wealth division, will leave on May 15 after 15 years at the bank.
SEC Fines Five Investment Advisors for Violating Marketing Rule
SEC has imposed fines totaling $200,000 on five registered investment advisor (RIA) firms for presenting hypothetical investment results.