5 Trends Driving Record M&A Activity for RIAs: Dan Seivert
A few major trends, some of them surprising, are driving record growth in deal activity, Echelon Partners CEO Dan Seivert says.
John Hancock Uses NextCapital to Bring Robo-Advice to Its Retirement Savers
The partnership will bring “nonconflicted, personalized advice” to John Hancock’s 2.7 million retirement clients, says NextCapital’s Rob Foregger.
Bill Gross Likens Trump’s Policy-by-Twitter to Mussolini
Calling the latest jobs report “decent,” Gross says Trump’s “cajoling companies” on factories reminded him of Mussolini exerting “government control of corporate interests.”
Eric Schwartz Steps Down as Cambridge CEO
Schwartz emphasizes, “I am not retiring” from the independent broker-dealer that pioneered the BD fee-based business.
Dow Flirtation With 20,000: A Ceiling or the Santa Claus Rally?
Brad McMillan of Commonwealth and Jeff Saut of Raymond James are optimistic over a sustained bull market in 2017, this one driven by actual earnings.
Advisors, Don’t Be Dichotomous Thinkers
Pundits like to make fun of the tradition of New Year’s resolutions, pointing out all the failures to actually follow through on those resolutions.
U.S. Chamber of Commerce Says It’s Working With Trump to Kill DOL Fiduciary Rule
The biggest issue for advisors in 2016 was the DOL’s long-aborning rule under which any advisor providing retirement advice is deemed a fiduciary under ERISA.
Stagnant RIA Growth Demands Pricing Change
Fidelity report suggests advisors must do better at "change management," particularly in matching their pricing with value delivered and forming a digital strategy.
CFP Board Names Maureen Thompson VP of Public Policy
Consumer advocate who founded lobbying firm The Hastings Group will assume duties formerly held by Marilyn Mohrman-Gillis.
Investors ‘Crazy’ Not to Be in Equities: Neil Hennessy
With Dow yielding more than 10-Year Treasuries, there’s no end in sight to the more than seven-year-old bull market, says Hennessy Funds chief.