Articles

  • 2 days ago | citywire.com | Andrew Foerch |Sam Bojarski |Ian Wenik |Jeff DeMaso

    RIA tech giant Orion has hired an executive to oversee its technology strategy. The firm said on Wednesday that it hired Valli Nachiappan to serve in the chief technology officer role, where she will also help modernize the company’s technology architecture and deliver emerging technologies, including artificial intelligence, to advisors. She brings to the role over two decades of work experience, largely in software engineering.

  • 1 week ago | citywire.com | Alex Steger |Ian Wenik |Sam Bojarski

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  • 1 week ago | citywire.com | Sam Bojarski

    The Federal Reserve said on Wednesday that it will hold rates steady, saying unemployment remains low and conditions in the labor market remain solid. In a statement, the Fed’s Open Market Committee (FOMC) said there is still some uncertainty about the economic outlook and left the door open to future rate cuts in the event of elevated inflation or a weaker labor market, although its members were divided on when those cuts might happen.

  • 1 week ago | citywire.com | Sam Bojarski

    Mariner Wealth Advisors has poached the top recruiting executive from hybrid RIA Integrated Partners to lead its independent advisor channel. Mariner said on Tuesday that Rob Sandrew will now lead the channel as head of Mariner Independent. The channel supports advisors who run their own practices and afffiliate with Mariner as independent contractors. Mariner said its independent platform supports more than 1,100 advisors and oversees roughly $40bn in assets under management and advisement.

  • 1 week ago | citywire.com | Tania Mitra |Ian Wenik |Sam Bojarski |Andrew Foerch

    Annuities marketplace Fiduciary Exchange (FIDx) has sold a stake in itself to asset managers Franklin Templeton and Invesco as part of a new funding round. Insurance and asset management firm Prudential Financial — an existing investor in FIDx — led the funding round. Axonic Insurance Services, a designer and marketer of annuities, also participated. Specific financial terms of the deal were not disclosed. Already have an account?

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Dave Roberts

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Joe Morgan

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Leah Degrazia

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Dylan Chaundy

Editor at The Nerd Stash

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Texas and Arizona Staff Writer at Only in Your State

Katie Lawrence primarily covers news in Arizona, United States, including cities like Phoenix and surrounding areas.

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Sam Bojarski
Sam Bojarski @sambojarski
5 May 25

RT @CitywireRIA: Exclusive: Cetera restructures support teams for advisors https://t.co/TKE9n8qP84

Sam Bojarski
Sam Bojarski @sambojarski
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RT @CitywireRIA: Exclusive — Global consultancy McKinsey & Co. is pursuing a sale of its $24bn wealth unit after conducting a strategic rev…

Sam Bojarski
Sam Bojarski @sambojarski
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RT @CitywireRIA: Altruist closes $152m capital raise led by sovereign wealth fund GIC https://t.co/6wECD374pe