When it comes to social media marketing, advisors often miss the mark by failing to engage with other people’s posts, according to FMG Chief Evangelist Samantha Russell. https://lnkd.in/eTGeBXJy
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Bain Capital Acquires Envestnet in $4.5B Take-Private Deal https://lnkd.in/dnQ_gjuj
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Asset management firms continue to jump into the interval fund market. However, not all interval funds are gaining traction. Read more in this week’s Deconstructed newsletter.
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Video: Employee ownership, diversified business lines and a minority investment program have boosted Summit Financial's growth in recent years, according to Ed Friedman, financial director of growth and business development. https://lnkd.in/gVb_kp_P
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Wells Fargo Advisors has added an advisor discretion option to its Personalized UMA offering, allowing customers to grant their advisor discretionary authority to determine their asset allocation and individual investments. https://lnkd.in/eCCT4kGv
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This weeks Deconstructed newsletter discusses the growing trend and strategic moves in the actively managed ETF market. Read now.
Active ETFs Ready for Their Close Up
Financial Advisor IQ on LinkedIn
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The fee pressure that has crunched asset managers' margins for years will make its way into the financial advisory space soon. https://lnkd.in/eGxP9jvK
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Today's Industry Moves: Wealthspire Advisors Taps 2 for C-Suite Roles AssetMark Adds Former Head of Osaic B-D https://lnkd.in/eDmuVxd4
Wealthspire Taps 2 for C-Suite Roles
financialadvisoriq.com
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Mariner Wealth Advisors has sued Savvy Advisors and three of its former employees who jumped ship to the startup registered investment advisor for allegedly poaching from Mariner. https://ow.ly/Qs6q50Ss8Gy
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Morgan Stanley has won its third clawback case in the past month, this time besting an advisor who claimed that the wirehouse defamed and wrongfully terminated him. https://ow.ly/Ymw150Sr23H
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Samantha is the best! I find myself saying "Wow, she was right!" quite often these days. She knows her stuff that's for sure, and is a joy to watch! 😊