Finance News
Summit Financial Buys Stake in The Savvy Investor’s East Coast RIA
Under its minority investment model, Summit will provide cash, equity and exclusive privileges to Prostatis Financial Advisors Group.
By NB
Dec 9, 2023
Wealthsimple Aims to Quadruple Assets to $74B in Five Years
Toronto-based Wealthsimple has grown rapidly, with assets rising about 10-fold to C$25 billion since 2018, thanks in part to slick advertising and some Hollywood star power — celebrities Drake, Michael J. Fox and Ryan Reynolds are among its minority inves
By NB
Dec 9, 2023
B/Ds Want NASAA To Kill Reg BI-Related Revisions to Model Rules
Firms ranging from Morgan Stanley and Raymond James to LPL Financial and Cetera Financial Group decried state regulators’ proposals, but non-profit law clinics representing small investors said NASAA was on the right track.
By NB
Dec 9, 2023
Leaving The Server Behind
Migrating to modern cloud-based services is helping CIO Laura Hubbell not only serve clients better but scale the business at $7.4 billion AUM SignatureFD.
By NB
Dec 9, 2023