There's always more work to do, and it's hard to keep track of everything. You're constantly putting out fires, and you never seem to have enough time to focus on the things that really matter.
Anyone executing a trade on behalf of a client has a duty and care to seek best execution on every transaction placed. This is achievable if you can provide the right disclosures and get your custodian to play ball.
There's a lot of buzz around "direct indexing" as the next logical evolutionary stage beyond portfolios built out of off-the-shelf SMAs and passive products. Many of the big players, including Morningstar, Franklin and BNY Mellon Pershing itself, will be demonstrating their solutions at INSITE in the coming week.
SMArtX Advisory Solutions will be at INSITE. See if they'll tell you about their deal with TradePMR and then extrapolate it to what they can do for people on the Pershing platform.
Last year, Wealth Advisor ran a survey that revealed a startling fact - 70% of financial advisors claim to have little to no knowledge about direct indexing.
Executive Chair of the Board, Charles Goldman is leading the CEO search along with a search committee of the Board, looking for a successor who embodies Orion values and vision.
"By incorporating FinTech Automation’s Infrastructure-as-a-Service, we will continue to disrupt the current financial advisory space and lead in the new wealthtech landscape."
