Digest January 26th

Asset Managers Eye High-Net-Worth Platform Expansion

BlackRock’s decision to hire a senior Citi executive to oversee its $80 billion wealth platform points to a broader industry strategy: building comprehensive platforms that attract and retain high-net-worth investors. Advisors should watch for platform upgrades and expanded partnership opportunities from major asset managers.
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Schwab’s Growth Signals Momentum for Hybrid Advice Models

Schwab’s record-setting account growth amid a market upswing shows that investors are responding well to its blend of digital and human advice. This underscores the growing appeal of scalable hybrid models — offering advisors a reminder to assess their own tech stack and client onboarding experiences.
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Global Push Toward Financial Literacy Support

The FCA’s new support program to guide consumers through complex financial decisions is part of a rising trend among regulators to prioritize financial education and accessibility. U.S. advisors should expect similar initiatives that place increased emphasis on clear communication and investor empowerment.
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