Three habits young professionals can’t afford to skip

Signature Estate & Investment Advisors, the hybrid national wealth management firm managing more than $36 billion in assets, has partnered with data and technology platform Invent to consolidate its enterprise data from multiple custodians, business lines and technology platforms into a single, governed data foundation. Wealth management firms of all sizes, whether hybrid or pure…

RBC Clearing & Custody, which offers clearing, custody and execution services to independent broker/dealers and registered investment advisors, has hired Larry Agin as business development manager. Agin joins RBC after a two-year stint at Apex Fintech Solutions, a firm he joined after more than two decades at BNY Pershing. He has experience in wealth solutions,…

That’s according to a report Friday (Sept. 11) by Bloomberg News, which says the move comes after a difficult year for the previously hot inventory financing market. Eliant is winding down products centered on mid-market accounts receivable and supply-chain finance, the report said, citing sources familiar with the matter. The strategy revolves around purchasing invoices…

As artificial intelligence adoption accelerates across wealth management, enterprise RIAs are becoming an important proving ground for what it actually takes to move from experimentation to scale. The conversation has shifted to be more about the foundation required to make AI useful across an entire wealth management business In this episode of The WealthStack Podcast,…

The consolidation wave is extending beyond mortgage lenders and servicers, with fraud prevention and escrow management companies joining forces to create a safer closing process. Processing Content Title fraud prevention firm CertifID acquired Closinglock, bringing together complementary capabilities across identity verification, fraud prevention, secure payments and real estate closing workflows to better protect people and…