Financial adviser

Zinnia Closes Acquisition of Ebix’s North American Life and Annuity Assets

Retrieved on: 
Monday, April 1, 2024
Professional Services, Data Management, Technology, Other Technology, Insurance, Software, Finance, CRM, Policy, AlixPartners, Huron Consulting Group, Life, Eldridge Industries, Ebix, LLP, Acquisition, Ecosystem, Sidley Austin, Asset, American Life, TPP, Jefferies Group, RBC Capital Markets, Financial adviser

Zinnia Corporate Holdings (“Zinnia” or “the Company”), an Eldridge Industries business and leading life and annuity insurance technology services company, and Ebix, Inc. (“Ebix”), a supplier of software solutions, today announced that Zinnia’s acquisition of Ebix’s North American Life and Annuity Assets (the “L&A Assets”) has closed.

Key Points: 
  • Zinnia Corporate Holdings (“Zinnia” or “the Company”), an Eldridge Industries business and leading life and annuity insurance technology services company, and Ebix, Inc. (“Ebix”), a supplier of software solutions, today announced that Zinnia’s acquisition of Ebix’s North American Life and Annuity Assets (the “L&A Assets”) has closed.
  • Zinnia will be welcoming over 770 new team members across 6 locations in India and the United States.
  • Global operations across the L&A Assets will be uninterrupted for customers and partners, providing continuity for the life insurance and annuity ecosystem.
  • The acquisition will further enable Zinnia to better serve carriers, distributors, and consumers as it builds the modern rails of the insurance industry.

Milliman named “Best in Class” defined contribution recordkeeper

Retrieved on: 
Monday, April 1, 2024
Technology, Food, Beverage, Oil, Gas, Cosmetics, Alternative Energy, Retail, Energy, Restaurant, Bar, Human Resources, Finance, Cruise, Consulting, Public Transport, Transportation, Lodging, Professional Services, Travel, Trucking, Rail, Air, Transport, Software, Online Retail, Department Stores, Milliman, EB, Investment, Consultant, Adviser, Financial adviser

Milliman, Inc., one of the premier actuarial, consulting, and benefits administration firms, is pleased to announce that it has been recognized by PLANSPONSOR as a 2024 Best in Class defined contribution (DC) recordkeeper.

Key Points: 
  • Milliman, Inc., one of the premier actuarial, consulting, and benefits administration firms, is pleased to announce that it has been recognized by PLANSPONSOR as a 2024 Best in Class defined contribution (DC) recordkeeper.
  • Milliman ranked first in the $200mm–$1B plan asset size and third in the $50mm–$200mm plan asset size categories.
  • In the large market category, Milliman ranked first in sponsor services and support, plan administration, and investments and fees.
  • That’s why it’s humbling when our clients ‒ the very people we serve ‒ recognize our excellent work in DC administration,” Kari Jakobe, a Milliman principal and DC administration leader, said.

Homrich Berg Welcomes Michael A. Woocher as New Chief Advisory Officer and Principal

Retrieved on: 
Monday, April 1, 2024
Professional Services, Finance, Principal, Growth, First Tee, SunTrust Banks, Lead, RIA, Family, Atlanta History Center, Lovett School, Multimedia, Friends, Financial adviser

Homrich Berg , a leading Atlanta-based RIA serving families and investors across the country from its offices in the Southeast, is pleased to announce the appointment of Michael A. Woocher as Principal and Chief Advisory Officer.

Key Points: 
  • Homrich Berg , a leading Atlanta-based RIA serving families and investors across the country from its offices in the Southeast, is pleased to announce the appointment of Michael A. Woocher as Principal and Chief Advisory Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240401007164/en/
    Michael A. Woocher, Chief Advisory Officer and Principal at Homrich Berg (Photo: Business Wire)
    Woocher brings deep ties to the Atlanta community and a wealth of executive and advisory experience to his new role at Homrich Berg.
  • Woocher will draw on his 25+ years of experience delivering family office services and providing leadership to client advisors as he takes on the role of Chief Advisory Officer.
  • “First and foremost, Homrich Berg is a fiduciary firm that is fully aligned with its clients’ interests.

Fifth Third Wealth Advisors Surpasses $1 Billion in Assets Under Management

Retrieved on: 
Friday, March 29, 2024
Banking, Asset Management, Professional Services, Finance, Fifth Third Bank, RIAS, AUM, Completeness, Financial adviser

In less than 18 months since announcing its launch, Fifth Third Bank’s independent Registered Investment Advisor, Fifth Third Wealth Advisors, has exceeded $1 billion in assets under management (AUM).

Key Points: 
  • In less than 18 months since announcing its launch, Fifth Third Bank’s independent Registered Investment Advisor, Fifth Third Wealth Advisors, has exceeded $1 billion in assets under management (AUM).
  • Fifth Third Wealth Advisors currently has seven teams serving clients across the country regardless of geographic location.
  • The national practice looks beyond the traditional Fifth Third regional boundaries and is not restricted by the Bank’s footprint when recruiting.
  • Housman says that Fifth Third Wealth Advisors hybrid model offers advisors the ability to take advantage of Fifth Third Wealth Advisors’ flexible investment management platform while also providing access to trust powers, credit and planning through Fifth Third.

68 Ameriprise Financial Advisors Named to the Barron’s “Top 1,200 Financial Advisors” List

Retrieved on: 
Thursday, March 28, 2024
Professional Services, Other Professional Services, Insurance, Finance, Asset Management, Banking, Professional, Life, AMP, Growth, Financial adviser

Ameriprise Financial (NYSE: AMP) today announced that 68 of its financial advisors were named to the 2024 Barron’s “Top 1,200 Financial Advisors” list.

Key Points: 
  • Ameriprise Financial (NYSE: AMP) today announced that 68 of its financial advisors were named to the 2024 Barron’s “Top 1,200 Financial Advisors” list.
  • Barron’s recognizes the industry’s top advisors according to several factors including professionalism, philanthropic work and success in the business.
  • The rankings are based on data provided by more than 6,000 of the nation’s most productive advisors.
  • “We congratulate the advisors who have earned a place on this acclaimed Barron’s list,” said Bill Williams, Executive Vice President and President of the firm’s independent advisor channel.

Impact Communications Signs Best-Selling Book Author and Financial Advisor Coach Derrick Kinney

Retrieved on: 
Thursday, March 28, 2024
Media, Entertainment, Professional Services, Business, Thought Leadership, Books, Socially Responsible Investing, Influencer, Public Relations, Investor Relations, Marketing, Communications, Finance, Generosity, PR, Success, Adviser, CNBC, Fox News, CNN, Communication, Fox Business, News, Good Money, AUM, The Wall Street Journal, Financial adviser

Impact Communications, Inc. (Impact), a leading marketing and PR firm focused exclusively on elevating the stature of independent financial advisors, fintech firms, and allied financial services companies, announced today that Derrick Kinney , best-selling author, financial advisor coach, successful podcast host, and sought-after speaker, has retained Impact to represent him in the financial services industry.

Key Points: 
  • Impact Communications, Inc. (Impact), a leading marketing and PR firm focused exclusively on elevating the stature of independent financial advisors, fintech firms, and allied financial services companies, announced today that Derrick Kinney , best-selling author, financial advisor coach, successful podcast host, and sought-after speaker, has retained Impact to represent him in the financial services industry.
  • “Marie Swift and her superstar team are the perfect fit for me,” said Kinney.
  • He’s passionate about making a difference in the financial advisory world and for humanity as a whole.
  • He is known to many as the Advisor to Advisors and is one of the nation’s most respected voices on business and money.

Fidelity Transfers Twelve ETFs to Cboe Canada

Retrieved on: 
Thursday, March 28, 2024
Professional Services, Finance, Name, Fidelity, Attention, ETF, Ecosystem, Financial adviser

Cboe Canada Inc. (“Cboe Canada”) is proud to announce the migration of 12 ETFs by Fidelity Investments Canada ULC (“Fidelity”) to Cboe Canada today.

Key Points: 
  • Cboe Canada Inc. (“Cboe Canada”) is proud to announce the migration of 12 ETFs by Fidelity Investments Canada ULC (“Fidelity”) to Cboe Canada today.
  • The Fidelity ETFs represent over $2.5Bn in AUM (as of market close on March 21, 2024) and are now listed and trading on Cboe Canada under the following names and symbols:
    With these transfers, there are a total of 29 Fidelity ETFs listed on Cboe Canada.
  • “Today's listing of 12 Fidelity ETFs on Cboe Canada marks a significant milestone for the Canadian ETF industry,” remarked Erik Sloane, Chief Revenue Officer at Cboe Canada.
  • In Canada, Cboe consistently facilitates more than 20% of all volume traded in Canadian ETFs and over 15% of all volume traded in Canadian-listed companies.

CFP Board Imposes Interim Suspension on Edward Steven Mercer of Coral Springs, Florida

Retrieved on: 
Friday, April 5, 2024
Other Professional Services, Personal Finance, Finance, Asset Management, Consulting, Accounting, Professional Services, Business, Failure, Consent, Certification, Ethics commission, DEC, Code, Motion, Commission, Counsel, Financial Industry Regulatory Authority, Respondent, CFP, Revocation, FINRA, AWC, Financial adviser

Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification marks against Edward Steven Mercer, which is effective as of January 31, 2024.

Key Points: 
  • Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification marks against Edward Steven Mercer, which is effective as of January 31, 2024.
  • Counsel to the Disciplinary and Ethics Commission (DEC Counsel) issued an automatic Interim Suspension Order suspending Mr. Mercer’s right to use the CFP Board certification marks after CFP Board Enforcement Counsel provided notice to DEC Counsel that there were grounds for an automatic Interim Suspension Order.
  • An interim suspension is a suspension of a CFP® professional’s certification and trademark license during the pendency of CFP Board enforcement proceedings.
  • A Respondent subject to an Interim Suspension Order must not use the CFP Board certification marks, state or suggest that Respondent is a CFP® professional, or hold out to the public as being certified by CFP Board while the Interim Suspension Order is in effect.

PAN Finance Names Libertex ‘Global CFD Broker of the Year’

Retrieved on: 
Friday, March 29, 2024
Other Professional Services, Cryptocurrency, Finance, Banking, Professional Services, Technology, Fintech, Other Technology, Online, UN, Contract for difference, Editorial, FC Bayern, Republic, Risk, Philosophy, Partnership, Research, Stripe, Financial Services Commission, Date, Ecosystem, HSBC, Ban, CMO, Multimedia, ETF, MAEX, CFD, Financial adviser

The established global financial publication PAN Finance has determined Libertex to be the ‘CFD Broker of the Year – Global 2024’ following a rigorous evaluation process conducted by the publication's highly experienced editorial and research teams.

Key Points: 
  • The established global financial publication PAN Finance has determined Libertex to be the ‘CFD Broker of the Year – Global 2024’ following a rigorous evaluation process conducted by the publication's highly experienced editorial and research teams.
  • As an organisation, PAN Finance is committed to providing concise, intelligent, and up-to-date news for a worldwide readership of specialists spanning the entire finance industry.
  • Throughout the rest of 2024 and beyond, Libertex will continue to work hard to provide a CFD trading service worthy of "Broker of the Year".
  • Over the years, Libertex has received multiple prestigious international awards and recognitions, including "CFD Broker of the Year - Global" (PAN Finance Awards, 2024), "Best Trading Experience" (Ultimate Fintech Awards, 2023) and "Best CFD Broker" (World Finance Forex Awards, 2023).

Kestra Financial Welcomes $600 Million Borger Financial Services

Retrieved on: 
Thursday, March 28, 2024
Asset Management, Professional Services, Finance, Principal, Partnership, Growth, BFS, Financial adviser

Kestra Financial , an industry-leading wealth management platform, today announced the addition of Borger Financial Services (“BFS”) to its community of advisors.

Key Points: 
  • Kestra Financial , an industry-leading wealth management platform, today announced the addition of Borger Financial Services (“BFS”) to its community of advisors.
  • BFS’s financial professionals bring to the platform north of $600 million in client assets under management.
  • "We are thrilled to welcome Borger Financial Services to the Kestra Financial family," said Stephen Langlois, President of Kestra Financial.
  • Partnering with Kestra Financial, BFS aims to enhance its capabilities and deliver even greater value to clients seeking comprehensive financial guidance.