After decades of only being available to ultrahigh net worth investors via boutique asset management firms, direct indexing has exploded among large wealth management firms since 2020.
Assets in direct indexing are expected to grow more than 12% over the next five years, outpacing traditional products like ETFs and mutual funds, and cross the $1 trillion threshold by 2025. While some, like Fidelity,
Here are the moves that brought the formerly obscure strategy into the mainstream.
UBS is reducing pay substantially for sub-$750K producers and making smaller reductions for advisors on the higher end of the scale.
The founder of Mitlin Financial said he has enjoyed the transition away from paper documents, traditional business cards and choosing each piece of his technology stack.
Brendan Krebs moved into the top recruiting role in January with a pledge to bring in advisors for Wells' wirehouse, bank-based and independent channels.
A new study shows how the estate planning work of financial advisors carries a direct connection to reducing disparities over time.
The financial services giant lets wealthy clients pick and choose things like assistance with cybersecurity, alternative investments and estate planning.
Not every investor is expecting a Trump boom. Some expect a crash. How should they adjust their finances — if at all?
