Latest news with #Advisor
Wall Street Journal
30-05-2025
- Business
- Wall Street Journal
Musk on Leaving White House: ‘DOGE Influence Will Only Grow Stronger'
Tesla CEO Elon Musk said he will be 'a friend and advisor' to President Trump after stepping down from his role leading the Department of Government Efficiency. Photo: Evan Vucci/AP
Yahoo
23-04-2025
- Business
- Yahoo
Mesirow Wealth Advisors Recognized by Forbes as 2025 Best-in-State Wealth Advisors
Award recognizes "advisors that are leading the way." Ranking based on quantitative and qualitative measures that identify the highest standards of best practices. Recognition comes as Mesirow Wealth Management continues to grow organically as well as through strategic acquisition. CHICAGO, April 23, 2025 /PRNewswire/ -- Mesirow, an independent, employee-owned financial services firm, today announced that three of its Wealth Advisors, Jordan Scher, AIF®, Steven N. Mesirow, CFP®, and Brian Lorber, CFP® have been recognized by Forbes as 2025 Best-in-State Wealth Advisors.1 Based on advisor surveys and interviews, the advisors highlighted in the 2025 ranking cumulatively manage approximately $16.7 trillion in assets and stand out for their experience in navigating uncertain times. According to Forbes Top Advisor rankings evaluate quantitative and qualitative data, weighing factors "such as service models, compliance records and industry experience" and focusing on individual advisors that "encompass best practices in their approach to working with clients." "We are incredibly proud of Jordan, Steven, and Brian for their recognition in Forbes' 2025 Top Best-in-State Wealth Advisors list," said Brian Price, CEO of Mesirow Wealth Management. "This recognition highlights each of these Advisor's expertise, dedication, and commitment to providing outstanding client service. We look forward to their continued contributions to the firm." Jordan Scher, AIF® joined Mesirow in 1997 and has over 25 years of experience in the financial services industry. Jordan specializes in comprehensive financial planning and asset management for and serves as a member of the Mesirow Wealth Management Investment Management Committee. Steven N. Mesirow, CFP® joined Mesirow in 1993 and brings more than 30 years of financial services experience to the firm. At Mesirow he offers investment advice and financial planning strategies designed to help accumulate, manage, and preserve wealth for individuals, business owners, and charitable organizations. He is also actively involved in the Jewish United Fund Health and Human Services subcommittee. Brian Lorber, CFP® joined Mesirow in 2010 and has 14 years of experience in the investment industry. He serves as a member of the Mesirow Wealth Management Investment Committee and has also been recognized on Forbes' 2024 Best-in-State Top Next-Gen Wealth Advisors list. As a Barron's Top 100 RIA firm,2 Mesirow Wealth Management offers a differentiated approach that places equal emphasis on 1) customized, comprehensive wealth plans that evolve along with clients' lives and 2) expert investment selection in all markets, including access to traditional stock and bond opportunities as well as alternative investments. Mesirow Wealth Management has more than $12.4 billion in assets under management / assets under advisement,3 and Mesirow overall has $306.2 billion in assets under supervision.4 Learn more about Mesirow Wealth Management. About MesirowMesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Private Capital & Currency, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture. Mesirow has been named one of the Best Places to Work in Chicago by Crain's Chicago Business multiple times and is one of Barron's Top 100 RIA firms. To learn more, visit follow us on LinkedIn and subscribe to Spark, our quarterly newsletter. Mediamediainquiries@ Michael Herley | 203.308.1409 Mesirow refers to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc., © 2025, Mesirow Financial Holdings, Inc. All rights reserved. Investment management services provided through Mesirow Financial Investment Management, Inc., Mesirow Institutional Investment Management, Inc. and Mesirow Financial Private Equity Advisors, Inc., all SEC-registered investment advisor, a CFTC registered commodity trading advisors and member of the NFA, or Mesirow Financial International UK, Ltd. ("MFIUK"), authorized and regulated by the FCA, depending on the jurisdiction. Award recognition disclosures: Each year, Forbes partners with SHOOK Research to evaluate prospective advisors. Evaluation criteria is gathered through telephone, virtual and in-person due diligence interviews, as well as quantitative data. They weigh factors like revenue trends, assets under management, compliance records, industry experience and those who encompass the highest standards of best practices. For the complete list of 2025 Best-in-State Wealth Advisors and methodology, visit 2024 Barron's Top RIAs (Received September 2024 for the year 2023 – Licensing fees paid post award for use of the ranking). In order to be considered for the Barron's 2024 Top RIA Firms list, applicants were required to complete a 145-question survey, with the firm's ADV informing the majority of responses. Firms were also required to meet a number of other specified requirements to be eligible for inclusion. Firms were ranked based on various qualitative and quantitative factors, including assets managed, the size and experience of teams, regulatory records of the advisors and firms, technology spending, staff diversity, organic and M&A growth, client segmentation as well as succession planning. Assets under management is as of 12.31.2024 and Assets under advisement is as of 9.30.2024. Some assets under advisement ("AUA") are on a 45-to-90-day lag due to time needed to confirm away assets. As of 12.31.2024 unless otherwise noted. | 1. "Assets under supervision" includes regulatory assets under management; assets under advisement; and non-securities currency assets under management. For these purposes: (1) regulatory assets under management ("RAUM") is calculated in accordance with Instruction 5A of Form ADV and includes all assets of securities portfolios (both discretionary and non-discretionary). (2) Some assets under advisement ("AUA") are on a 45-to-90-day lag due to time needed to confirm away assets. (3) Currency assets under management includes AUM associated with (i) active and passive currency risk management products $175.23 billion, (ii) non-fx overlay strategies such as equitization and beta overlays $885.03 million, and (iii) alpha strategies $1.57 billion. In all such cases, AUM is calculated based on notional value of currency investments. Additionally, AUM for alpha strategies is adjusted because clients can select a volatility target (generally between 2% and 12% annualized), which is normalized to 2% in order to create a consistent depiction of alpha strategy AUM. This results in a "scaled" AUM, which is higher than the actual ag6gregate notional value of all alpha strategy portfolios if clients have selected a volatility target higher than 2%. As of 12.31.2024, the "unscaled" AUM for alpha strategies was $365.38 million. View original content to download multimedia: SOURCE Mesirow Financial Holdings, Inc. Sign in to access your portfolio
Yahoo
14-04-2025
- Business
- Yahoo
Northern Trust's Amy Szostak Elected an ACTEC Fellow
CHICAGO, April 14, 2025--(BUSINESS WIRE)--Northern Trust announced today that Amy Szostak, Director of Family Education and Governance, has been elected a Fiduciary Counsel Fellow of the American College of Trust & Estate Counsel (ACTEC). With Szostak's appointment, Northern Trust now has 16 ACTEC Fellows. ACTEC is a national organization of lawyers and academics at the top of their profession, committed to maintaining excellence in the trust and estate field and to continually improving the practice of trust and estate law. ACTEC's peer-elected Fellows are selected based on reputation, proficiency and contributions through lecturing, writing, teaching and bar activities. "This recognition reflects Amy's deep knowledge and strong leadership in the trust and estate profession," said Laura Mandel, Chief Fiduciary Officer for Northern Trust. "Her integrity and commitment to clients and colleagues alike continue to elevate our work within these vital areas of legal expertise." Working with Northern Trust's wealthiest clients, Szostak helps families build lasting intergenerational wealth through a combination of education and engagement. Prior to her current role, Szostak served as the Chief Fiduciary Officer for the Global Family and Private Investment Office Group. Szostak is a member of the Society of Estate and Trust Practitioners (STEP), a Certified Trust and Financial Advisor (CTFA) and a Certified Investment Management Analyst (CIMA®). She graduated from Chicago-Kent College of Law with a Certificate in International and Comparative Law. Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses. It is recognized for its innovative technology, service excellence and depth of expertise, with $450.7 billion in assets under management as of December 31, 2024. The Northern Trust Company is an Equal Housing Lender. Member FDIC. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2024, Northern Trust had assets under custody/administration of US$16.8 trillion, and assets under management of US$1.6 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn. Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at View source version on Contacts Media Contact: Landis Sign in to access your portfolio
Zawya
23-03-2025
- Business
- Zawya
Intelmatix launches EDIX Advisor
Riyadh – Intelmatix, a deep-tech AI company headquartered in Riyadh with offices in London and Boston, has announced the development of the initial version of the 'Advisor,' an interactive AI-powered system that transforms institutional decision-making by providing recommendations after analyzing complex business scenarios. This innovation enhances enterprises' ability to make informed decisions and develop AI-driven strategies. Building on Intelmatix's leadership in decision intelligence and generative AI, the 'Advisor' represents a breakthrough in AI-powered decision-making. This launch comes at a time of increasing reliance on AI-driven analytics and intelligence, with studies indicating that AI-assisted decision-making can improve efficiency by up to 50% across multiple industries. The 'Advisor' seamlessly integrates with Intelmatix's Enterprise Decision Intelligence Platform (EDIX), serving as an AI Agent Orchestrator that coordinates AI agents and applications within the platform. This provides enterprises with unprecedented capabilities in decision-making and equips them to navigate complex future challenges. When posed with a question, the 'Advisor' begins by deeply analyzing it, clearly identifying objectives and constraints using Generative AI (GenAI) capabilities. It then reframes the question within a precise analytical framework, breaking it down into actionable components. Next, a suite of specialized AI agents within the EDIX platform is activated, each assigned to process a specific aspect of the query. Finally, the system consolidates the recommendations into a comprehensive strategy, highlighting key areas for improvement. The capabilities of the 'Advisor' can be illustrated through a real-world example involving a Quick Service Restaurant (QSR) chain. A business user within the company poses a question to the 'Advisor,' which immediately analyzes the inputs and identifies key areas for optimization, such as sales, pricing, raw material costs, and workforce expenses. The 'Advisor' then activates specialized Decision Intelligence Agents within the EDIX platform—marketing and pricing agents focus on boosting sales, while inventory and HR agents work on cost reduction. The platform also aggregates data from internal enterprise systems and external sources to create a digital twin of the company, enabling actionable recommendations. Once approved by the company's decision-makers, these recommendations are executed automatically, seamlessly integrating with Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), and Workforce Management Systems, leading to measurable financial performance improvements. Dr. Anas Alfaris, CEO of Intelmatix, stated: "With the 'Advisor,' we are bringing the future into reality and making Decision Intelligence accessible to all enterprises. The 'Advisor' acts as a true consultant—always ready to analyze your business data, optimize performance, and suggest the best strategies.' -Ends- About Intelmatix: Intelmatix is a leading artificial intelligence and deep-tech company with operations in Riyadh, London, and Boston. By leveraging AI and Decision Intelligence, Intelmatix enables enterprises to overcome challenges, make faster and more accurate decisions, and achieve superior outcomes. The company has a proven track record of delivering AI-powered solutions and transformative impacts across various sectors, including retail, logistics, the public sector, and industry. For more information, please visit Media Contact: Dr. Ahmed Alabdulkarim Chief Technology Officer ahmad@
Yahoo
05-03-2025
- Business
- Yahoo
Team with $210 Million Moves to Ameriprise Financial for Superior Client Experience and Support to Grow
Highland Wealth Management, led by Private Wealth Advisor Lee Hooks MBA, CFP®, joins Ameriprise from LPL Financial MINNEAPOLIS, March 05, 2025--(BUSINESS WIRE)--Private wealth advisory practice, Highland Wealth Management, recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from LPL Financial with $210 million in assets. The practice, located in Columbia, Lewisburg and Pulaski, Tenn., is led by Private Wealth Advisor Lee Hooks MBA, CFP®, and includes financial advisors Adam Kock, Clyde Allen III, Kathryn Haislip Lintz, Mike Wickberg and Whitney Shimatsu. Highland Wealth Management conducted an extensive search for a new broker-dealer that could complement the superior service they provide to clients. Reflecting on their decision, Hooks cited several reasons for selecting Ameriprise: Client satisfaction: "We pride ourselves on giving our clients excellent service and needed a broker-dealer that would make it easier, not more difficult, to do that," said Hooks. "Ameriprise consistently wins awards for client satisfaction and customer service, so that was a big draw for us." Technology: "Ameriprise invests heavily in technology to help advisors deliver for their clients while making it easier for their practices to grow and flourish. Our clients have been extremely impressed with the Ameriprise app and client-facing technology." Independence backed by a strong brand: "The independent platform at Ameriprise is the best of both worlds. We keep our independence and practice name on the door and have a strong firm and brand behind us." Hooks looks forward to the future of Highland Wealth Management at Ameriprise. "We are excited about utilizing the technology and all of the growth initiatives Ameriprise has to offer," he said. "We have big goals for growth and believe Ameriprise will help us get there." Highland Wealth Management provides comprehensive advice to clients to help them achieve the goals they have for themselves and their families. The practice includes administrative assistant Carolann Hall, director of operations Mallory Maddox and client specialist Craig Ladd, and is supported locally by Ameriprise Franchise Field Vice President George Varones and Ameriprise Regional Vice President Trish Moll. Ameriprise has continued to attract experienced, productive financial advisors, with approximately 1,700 joining the firm in the last 5 years.1 To find out why experienced financial advisors are joining Ameriprise, visit About the Ameriprise Ultimate Advisor Partnership The Ameriprise Ultimate Advisor Partnership offers a differentiated experience for advisors that helps them accelerate growth while delivering an excellent client experience. Combined with the company's culture of support and independence, the Ultimate Advisor Partnership enables advisors to scale their businesses, deepen client relationships and drive referrals for future growth. About Ameriprise Financial At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 130 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors2, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs. 1 Ameriprise Financial 2024 10-K.2 Ameriprise Financial Q4 2024 Earnings Release. Ameriprise Financial cannot guarantee future financial results. Ameriprise Financial Services, LLC is an Equal Opportunity Employer. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements. Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value. Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser. Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC. ©2025 Ameriprise Financial, Inc. All rights reserved. View source version on Contacts Allison Harries, Media
