A North Carolina financial advisor has switched to Raymond James Financial Services from Edward Jones where he managed almost $140 million in client assets. Jonathan “J.D.” Swart, CPA, CRPC, and his firm Swart Financial Partners is headquartered in Wilmington and also includes senior client service associate Amanda Schedler. Swart was with...
The U.S. economy is set to improve by the end of the year according to 55% of respondents to a new survey from Morgan Stanley. The poll found that more than half also believe inflation will normalize by the time we welcome 2024 and 41% think it will be early...
Customer apathy towards life insurance and annuities is a decades-old challenge, but technology is helping the industry change perceptions. The latest generation of mobile apps and websites is boosting customer satisfaction as technology drives greater use of the products for financial planning and final planning (such as death benefits and...
A Citi employee who bought a sandwich and coffee for his partner while on a business trip has lost his case for unfair dismissal after his expenses claim was challenged. Szabolcs Fekete was working for the Citibank UK business unit as a financial crimes analyst when he went to Amsterdam...
Two organizations representing financial services professionals are to merge into one association after their members voted in favor. The overwhelming support means that the National Association of Insurance and Financial Advisors will join with the Society of Financial Service Professionals to create a more impactful organization that will provide expanded...
A team of six has moved to the RBC Wealth Management branch in Philadelphia having managed $450 million in client assets at Morgan Stanley. The DeCaro Eisenberg Wealth Management Group comprises four financial advisors and two client associates and follows several big value defections in recent months including another team...
Gen Z and Millennials are used to the ‘on demand’ culture of today’s America, and they would rather not wait for retirement either. These young Americans would like to retire when they are 50 and are willing to sacrifice some pleasures today for the tomorrow they want, according to a...
A team of three advisors has taken the decision to break away from Morgan Stanley to launch an independent RIA firm. Founding partners Trent Leyda, Kay Campione, CFP and Jim Beindorf, CPA, along with associate team members Susie Zimmerman, Heather Tritt and Tara Carabello, were The Leyda Group at the...
With retirement just around the corner, a significant group of Americans have less saved for their post-working years than they need. Across all adult age groups, just 44% of women believe they will be financially prepared for retirement, compared to 61% of men, and when asked if they feel financially...
A $170 million advisor team has joined Steward Partners Global Advisory to open an office in Sarasota, Florida. Sunshine Private Wealth is led by Faiza Kedir, CFP, and was previously with Hightower where Kedir was director, business development, and financial advisor, having started her FA career at the firm having...