CFP Board Adds Northwestern Mutual as Sponsor for Center for Financial Planning
Marilyn Mohrman-Gillis welcomes support to help develop "a more diverse and sustainable pipeline" of planners and an "academic home" for the profession.
TD Ameritrade Earns $240M in Quarter; Says Retail Robo Is Coming
Advisor business was particularly strong in the quarter ended June 30, say outgoing CEO Tomczyk and incoming CEO Hockey.
Schwab Q2 Profits Jump 28% on Record Revenue
Robo platform tops $8 billion in assets; total client assets in Schwab Advisor Services at $1.206 trillion; profit margins at 39.4%, best since record 2008.
Estate, Legacy Planning Tech Startup Everplans Gets $6.4M Investment
An online service with more than 100 firms as clients gets Series A funding from insurance firms' VC arms.
CFP Board Reports Early Success on Center for Financial Planning
The Center focuses on diversity, adding more advisors and building an "academic home" for the profession, with a new research journal.
Social Security Trustees Project Only 0.2% COLA in 2017
The trustees have released their annual report on when the funds are expected to run dry, and the disabilty fund actually got some good news.
Advisors Bullish on Themselves, Bearish on Market: Schwab Survey
Schwab's annual advisor survey finds optimism among RIAs, but concern over how they will differentiate themselves and meet client goals in the current investment climate.
Don Phillips: Truth Teller
Advisors are in the behavior modification business, not the investing business, said Don Phillips of Morningstar at his company's 28th annual investment conference in June.
Schwab Launches Its Biggest-Ever Ad Campaign With Real Advisors
Walt Bettinger says “timing is right” for the huge ad spend in the wake of the DOL fiduciary rule; says Schwab itself is “incredibly healthy."
Fed Forecasting Model Is ‘Broken,’ Austan Goolsbee Charges
Fed “implicity waiting” for economy to return to “normal,” which it “defines as 2006,” Goolsbee tells Morningstar Investment audience.