Many donor-advised funds from the nation’s largest mutual fund companies are directing tens of millions of dollars to aid victims of the massive earthquake in Haiti. The Fidelity Charitable Gift Fund alone has sent $10.5 million for Haiti relief.
“Donor-advised funds are the fastest-growing giving vehicle in America,” Benjamin Pierce, executive vice president of the
Jed Finn says the firm's wealth unit could easily meet its operating margin goals if it simply stopped spending money to support advisors. But it's not about to do that.
The Zeplyn Meeting Assistant takes unstructured conversational data and turns it into notes.
The numbers are getting murkier, and the politics with a slim majority in the House and the minutiae of Senate reconciliation rules look anything but easy.
Experts and advisors say they are cautiously optimistic about the future of small caps in the coming years.
More planners are dropping their FINRA registration but keeping some ties to independent wealth management firms once thought to be in a different channel.
Nicholas Takahashi and his team are accused of deliberately trying to poach the clients of a former colleague managing hundreds of millions in assets and producing more than $1 million a year in revenue.
