Envestnet’s Strategy Opens Window Into Future of Independent Advice
A discussion with Bill Crager and Stuart DePina of Envestnet shows where independent advisors are going and who their partners will be.
What Goes Up: 4 Trends That Will Affect Advisors in 2014
What likely won't happen: another 25% rise in the stock market. What likely will happen: further advances in advisor tecchnology, a bigger focus on Obamacare and regulation. As for the CFP Board...
Dos and Don’ts of Wooing Lawyers and CPAs for Client Referrals
At Loring Ward conference, Mike Maslansky explored the right, and wrong, ways to get referrals from other professionals, i.e., those valuable "centers of influence."
Much of 2013’s Important News Arose From What Didn’t Happen
One of the big things that failed to happen this year was a fiduciary standard imposed on brokers by either the SEC or the DOL.
How Mutual Fund Closings Hurt Investors (and Why Advisors Should Care)
To simplify identification of potential fund closings, Dan Kern and Tim McCarthy offer a somewhat surprising solution that advisors can use to benefit their clients.
You Can Leave Your Hat(s) On: Two Fiduciary Standards?
Creating two fiduciary standards would do nothing to reduce the current state of investor confusion; the real losers would be retail investors.
Why Ken Fisher Is Wrong About Future of RIAs
Independent RIAs offer the one thing that Wall Street can’t: independence to represent their clients — and only their clients.
Lowering the Boom: How to Bring In Gen X and Gen Y Clients
We hear a lot these days about what advisors have to do to attract Gen X and Gen Y clients, and for good reason.
Is Investor Confusion Really Harmless?
An SEC panel raises the issue of harm caused by investor confusion over the difference between a fiduciary and a suitability standard.
A Commission-Only Crackdown? Really?
CFP Board is right to restrict the affiliation of fee-only advisors with BDs and right to require brokers to describe themselves as “fee and commission.”