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Advisor-Managed Portfolios Knocked Out by Home Office Performance – Cerulli

Advisor-Managed Portfolios Knocked Out by Home Office Performance – Cerulli

Posted by on Jul 5, 2015 in Industry Analysis

“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.” — Warren Buffett, Chairman and CEO of Berkshire Hathaway Warren Buffett is probably the best known investor on the planet and the high priest of […]

Can Client-Directed UMA’s Help Defend Against Robo-Advisors?

Can Client-Directed UMA’s Help Defend Against Robo-Advisors?

Posted by on May 26, 2015 in Industry Analysis, News

“Without change there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable.” — William Pollard, Physicist The rate of change and innovation in the wealth management industry has been tremendous over the past few years. Technology-heavy, online registered investment advisors […]

Robo-Advisors Can Not Live by Millennials Alone: ASI’s Andrew Rudd

Robo-Advisors Can Not Live by Millennials Alone: ASI’s Andrew Rudd

Posted by on Feb 2, 2015 in Industry Analysis

The industry press in 2014 was all abuzz about robo-advisors.  Online, automated investment advisory firms that are gobbling up assets at an alarming rate and scaring the pants (and skirts) off the management of traditional advisory firms. Not so fast, says Andrew Rudd, CEO of Advisor Software, Inc. (ASI). There has been a lot of […]

The Top 10 WMToday Posts from 2014

At the end of every year, we compile a list of the most popular posts that were published on WM Today. It’s a great way to look back on what happened this year, and an insight-packed view of what really resonates with our readers. 10. Going Mobile: Review of AssetMark’s New iPad App As part […]

What Robo Advisors Can Teach Us About Focusing on the Client

What Robo Advisors Can Teach Us About Focusing on the Client

This is a summary of a TechOps Track Session titled, “Empowering Advisors: Delivering Tools that Support Today’s Client Needs” from the Money Management Institute’s 2014 Fall Solutions Conference.  The discussion topic was supposed to be centered on how firms are delivering new advisor tools to help them customize solutions for different client segments. However, the […]

Merrill Streamlines Their Platform To Deliver UMH for Clients

Merrill Streamlines Their Platform To Deliver UMH for Clients

Posted by on Aug 12, 2014 in Industry Analysis

Last week, I was contacted by a reporter from FundFire looking for my comments on a new feature that Merrill Lynch has implemented as part of their $100 million platform consolidation project.  The project, called Merrill One, is replacing five other legacy programs, some of which have been running for over 25 years.  She was […]

Envestnet buys UMA Experts Placemark Investments for $66 Million

Envestnet buys UMA Experts Placemark Investments for $66 Million

Posted by on Jul 7, 2014 in Industry Analysis

Last week, I was contacted by my new favorite reporter at FundFire, Danielle Verbrigghe (sorry Tom Stabile) who was writing an article about the purchase of Placemark Investments by Envestnet.  She wanted my view on the benefits of the acquisition to Envestnet as well as for the managers currently on Placemark’s platform. Envestnet was already the […]

Top 10 Most Popular Posts from 2013

Top 10 Most Popular Posts from 2013

Posted by on Jan 6, 2014 in Industry Analysis

What were the most popular WM Today posts from 2013?  Portfolio rebalancing, financial planning and anything mobile were big draws last year.  Here are the top 10 according to stats from WordPress: 10. 5 Ways a Web Portal Can Excite Your Clients This summary from the fantastic Technology, Tools & Today (T3) conference highlights how software […]

FolioDynamix v7.1 Delivers Support for Unified Managed Households

FolioDynamix v7.1 Delivers Support for Unified Managed Households

Posted by on Dec 17, 2013 in Industry Analysis

In a previous post (6 Keys to Launching a Successful UMA Program), one of the panelists commented that no vendors currently have a complete solution for Unified Managed Households (UMH).  I thought this would be an excellent opportunity to touch base with a few vendors that offer fee-based advisory platforms to learn more about their […]

Model Delivery is Risky Business, According to Money Managers Survey

Most investment managers believe that the risks associated with communicating model changes to sponsors are significant and have the potential to result in negative impact to their firms. This was one of the results of a survey done by Dover Research as reported by Jean Sullivan at the Financial Research Association’s 9th Annual Managed Account […]