1+ week, 4+ day ago   (608+ words) Reducing the Weight of Non-Client WorkMuch of Haddock’s focus centers on emerging technology and how advisors can use it to compete without losing time to operational drag. She points to the rise of digitally native practice management as a turning…...

2+ week, 3+ day ago   (186+ words) Politics changes the nature of that bottleneck because money can't solve it as easily. A hyperscaler can pay more for memory, finance a new power plant or sign a long-term electricity contract. It can't simply buy permission from a community…...

2+ week, 3+ day ago   (477+ words) Daniel Lubetzky built Kind Snacks from an idea that once looked unconventional enough to fail. Now the billionaire founder and “Shark Tank” investor says he deliberately subjects new ideas to a three-stage process that begins with removing every filter, then…...

3+ week, 5+ day ago   (193+ words) FINNY is replacing software fees of $6,000 or $12,000 a year with a $50 monthly subscription and a fee tied directly to assets brought onto the platform through clients it helps acquire. The larger experiment is whether wealthtech pricing can migrate from selling…...

4+ day, 19+ hour ago   (278+ words) That distinction could be worth billions. Wilson and affiliated family entities now control roughly 8.7% of Lululemon, recently worth close to $1 billion, while his nearly 18% stake in Amer Sports is valued at almost $3 billion. His family office also holds substantial real…...

1+ week, 5+ day ago   (218+ words) “The dollar amounts have gotten so big, so fast,” Nicholas Garcia, a principal wealth advisor at Compound Planning, told Business Insider. His firm manages more than $5 billion and says concerns about an AI bubble now arise in nearly every client…...

4+ week, 1+ day ago   (158+ words) Startups aren't necessarily squeezed out of that future. Whitehead sees room for companies that complement existing platforms, become infrastructure behind them or solve problems incumbents can't readily replicate. Some will also become acquisition targets, allowing established providers to buy innovation…...

3+ day, 14+ hour ago   (324+ words) “Wealth management offerings have been siloed for too long,” Todd said, pointing to advisors, traders and portfolio managers working in separate parts of the investment process. Vestmark gives Envestnet a way to connect more of that process, from portfolio construction…...

1+ week, 5+ day ago   (311+ words) Big Tech has spent earnings season startling investors with ever-larger AI budgets, but Goldman Sachs’ Eric Sheridan thinks the surprises are nowhere near finished. He expects AI supply and demand to remain out of balance until the first half of…...

3+ week, 1+ day ago   (525+ words) Ken Griffin’s Citadel has already shed more than 80% of the risk it acquired from Leopold Aschenbrenner’s Situational Awareness, completing nearly 100 block trades representing more than $4 billion in market value. Citadel bought the portfolio only last month, after heavy losses in…...