Bank of America Merrill Lynch will allow consultant trainees in the firm’s development program to join existing consulting teams sooner, one of a series of improvements Merrill is making to its trainee program. According to head of customer service John Towey (who leads the trainee program), the four adjustments were based on feedback from trainees, […]
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Maintaining accurate documentation is unlikely to be at the top of many consultants’ favorite tasks. However, proper and accurate documentation will not only keep the advisor and their firm out of trouble with the relevant regulators, but also help the advisor fulfill their fiduciary responsibilities to their clients and provide their actions and recommendations in […]
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As markets bounced back from spring turmoil this summer to new record highs and financial advisory firms’ growth continues undeterred by threats from AI, the industry has shifted more focus to the challenges companies face as they grow. The good news is that most consulting firms still have sky-high client retention, which gives firms constant […]
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You are all welcome! Welcome to the 498th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Christine DeMao. Christine is the Chief Operating Officer of Gibson Capital, a Wexford, Pennsylvania-based RIA that oversees approximately $3 billion in assets under management for 200 client families. What’s unique about Christine, however, is […]
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Creative Planning, an Overland Park, Kan.-based registered investment adviser with approximately $710 billion in assets under management and advice, has acquired Lovell Insurance Group, Lee’s Summit, Mo.; Lovell Insurance Group was founded in He joined the Creative Planning team at John Lovell in 2017 as Director of Sales, Commercial Insurance, alongside Mike Pernice, Director of […]
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Fezzery, a self-proclaimed artificial intelligence operating and financial decision-making system, announced that it has secured a total of $30 million in funding, which recently closed a Series A led by Portage Ventures with Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures and Bain Capital. Ventures (raised $12 million in $12 million). According to […]
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