.
@MrDre_
Andre Jean-Pierre of Aces Advisors of Aces Advisory plans to use his social media prowess to benefit communities often left out of the wealth management conversation.
Update: Eileen Cure, the advisor who allegedly told staff she will not hire Black applicants because most of her clients are white, has been fired from LPL.
“Gaining access to primary offerings is another way to diversify your portfolio that has previously been restricted to a select few,”
@SoFi
CEO Anthony Noto said in a statement.
@anthonynoto
Ritholtz Wealth Management is an early investor in
@Onrampinvest
, and CEO
@ReformedBroker
says the firm will use it to pull data on clients’ existing crypto holdings.
An LPL Financial advisor told her team that she didn't want to interview any Black job applicants for an open position in her office, according to videos posted on TikTok and shared widely on social media.
"Brokers are in a relationship of three," with clients and investment product issuers, while fee-only advisors are in a "relationship of two," fiduciary advocacy groups say. | by
@kecorb
Onramp CEO
@TR401
pushed back on concerns that recommending crypto can violate an advisor’s fiduciary duty: “Don’t blame it on crypto. You just don’t know enough.”
“Gaining access to primary offerings is another way to diversify your portfolio that has previously been restricted to a select few,”
@SoFi
CEO Anthony Noto said in a statement.
@anthonynoto
Conferences have been canceled for the foreseeable future but that shouldn't stop you from making introductions. Think creatively about how to virtually meet new contacts | by
@TheRudinGroup
Here’s a deep look at all of the tax issues involved with selling or buying an RIA, including topics like entity structure, allocations in an asset purchase and many different planning strategies.
#taxstrategy
#financialplanning
#mergersandacquisitions
The fast-paced crypto universe has left many legacy players wondering if it’s too late to start — and if it isn’t, where to start, writes
@DeadCaitBounce
The room is packed with attentive attendees as keynote speaker, Daniel Crosby
@danielcrosby
, presents a powerful presentation to help us gain an understanding of human psychology to bring about better client outcomes. Don't forget to share your experience with us using
#FPINVEST
.
It’s advisors’ fiduciary duty to know about assets held away, whether they are real estate, private business stakes or cryptocurrencies, says
@ReformedBroker
. “You don’t have to believe in it or be bullish or whatever—you just have to do your job.”
Four financial advisors have launched the
@blxinternship
program to provide a new entry path into fee-only planning careers without asset or sales requirements
Social media stars who peddle financial advice, a.k.a.
#finfluencers
, are typically unregistered and unregulated. Unfortunately, many young investors trust them anyway.
Advisors must consider the pros and cons of each option including the level of security, compliance and reputation of the digital wallet company or exchange, writes
@DeadCaitBounce
@Onrampinvest
@OnrampAcademy
It wasn’t that long ago when we as parents were telling our children to never get into a stranger’s car. Now we pay for the privilege, says
@TDAmeritrade
head of emerging tech
@Sunayna
. | by
@sjallocca
When
@kamila_elliott
becomes
@CFPBoard
chair, she’ll be the youngest and first African American woman to hold the post. Read about her and the other 22 to watch in 2022:
Congratulations to
@HannahMooreCFP
for winning
@finplan
’s first individual Visionary Leader Award! For “throwing the doors open” to nearly 2,000 aspiring financial planners. | by
@Ann_Marsh
Why do some M&A deals fail? Just ask the CEO of Captrust. The aggressive acquirer has inked more than 30 deals over the past dozen years.
@CAPTRUSTfa
@MillerFielding
.
@LPL
has started a new Advisor Inclusion Council, held an LGBT Investors Day and opened what it calls Advisor Business Communities for engagement with senior executives.
“If men have not seen it themselves or been a victim of it themselves or perpetrated it and the women aren’t telling their stories because it’s dangerous for us to do so, how would the men know this is happening?”
@SonyaDreizler
says
The industry is responding to growing calls to build connections with HBCUs: In addition to the College’s new scholarships,
@CarsonGroupLLC
is donating $500K to the
@QuadASocial
Foundation for aid to the CFP programs at four HBCUs.
A new book by
@_EugenieGeorge
describes the connection between mental health, racial trauma and money among women often left out of financial discourse.