Goldman COO John Waldron could become chief executive in January, RIABiz says
RIABiz, citing press reports, says Waldron oversaw the Folio Institutional acquisition and the Creative Planning custody deal.
A 60-day IRA rollover can bridge a cash crunch, with two rules to track
IRAHelp says the once-a-year limit counts traditional and Roth IRAs together, and a missed deadline can leave the distribution taxable and penalized.
Coalition Greenwich finds 22% of $100,000-to-$5-million households use both advisors and DIY accounts
Hybrid and DIY-only investors raised more cost concerns than advice-only clients, and hybrid clients were more likely to say they could soon leave their advisor.
Hightower Signature to add $1B Synergy Capital Solutions
The Bloomfield Hills, Mich., RIA has been a Hightower partner since 2017; the announced deal would bring 15 employees and push the channel past $40 billion in assets.
Vishal Khanduja turns bullish as Eaton Vance bond fund tops benchmark duration
$4.1 billion Eaton Vance Total Return Bond Fund ran 6.07 years of duration in June against 5.8 for its Bloomberg US Aggregate benchmark.