The firm’s advisors will now have the option to refer clients to third-party portfolio managers with whom the firm has long had relationships or to Raintree’s own discretionary platform
The new indices provide context to money-weighted return information clients are receiving as part of the new CRM2 rules
The banks also saw strong performance from the capital markets divisions while their capital positions have also improved
TD Wealth Private Wealth Management has been hiring “wealth advisors”
The SRO is seeking to suspend introducing broker, which became capital deficient on Jan. 3 and subsequently sold its business to Hampton Financial
The All Group team, whose practice is focused primarily on institutional and retail wealth management, will join Hampton as it continues to grow its asset base
HollisWealth’s business model is close to that of IA
HollisWealth will add $34 billion in AUA, 800 licensed advisors and 400,000 active clients to IA’s growing wealth-management operations
The platform is expected to become a major source of growth for the firm as it allows advisors to manage client relationships more effectively
The bank has also announced additional executive changes, including a new COO and the current COO moving into the role as vice chairman