The evidence is clear that since the markets and economic crisis began advisors have been working longer hours, in particular spending more time with clients, while their revenues have suffered. In response, Charles Schwab Advisor Services announced June 25 a series of moves that will have the net effect of reducing costs to the RIAs that custody with Schwab. Beginning in July, Schwab said it will waive commissions on electronic equity trades and reimburse transfer-of-account fees charged by contra brokers for up to one year for new-to-Schwab clients of advisors who open accounts by the end of 2009. In addition to a number of technology enhancements, Schwab will also waive 2010 maintenance fees for the 2,200 RIA firms that use its PortfolioCenter portfolio management software and license that software through Schwab.
Learn how advisors like yourself have approached this important life decision. Get specific steps and tangible action plan items now.
These articles from IMCA's Investments & Wealth Monitor focus on tax-aware investing including a look at the trinity of asset location - taxes, returns, and...
This variable annuity has an M&E of just 0.45% - that's 65% less than the industry average.
Dec 02, 2015
Due to the recent legislation changes to the rules and filing options for Social Security, determining a filing strategy for your clients is now even...
Nov 17, 2015
Join MetLife in an informative seminar that will help you grow your business and provide a differentiating client experience.
Nov 10, 2015
Consumer behavior has shifted challenging advisors to change how they run their business by adopting new technology that allow them to focus on increasing client...