March Madness: LPL’s ‘Sweet 16’ Bracket for the Market
As the basketball bracket comes into focus, so should multiple factors influencing equities, says CIO Burt White.
Vanguard Adds New Active Manager to Explorer Fund
ClearBridge Investments comes on board as Granahan Investment Management and Kalmar Investment Advisers depart.
IRS Shuts Down Financial Aid Tool Over Security Concerns
College students and families can work around the outage, but it may dissuade some applicants.
Commission Clients Don’t Favor Switch to Fees: J.D. Power
Full-service clients have strong views on their retirement accounts and how they like to pay for them, a J.D. Power poll finds.
More Merrill Departures: Recruiting Roundup
Raymond James adds an employee team, and HighTower grabs a breakaway duo; Triad recruits a group from Commonwealth Financial.
JPMorgan Abandoning Commissions … Or Not?
The firm told clients they have to move to fee-based or self-directed accounts, unless there is a delay in DOL's fiduciary rule implementation.
Will Schwab’s New Hybrid Platform Steal Clients From Schwab RIAs?
Schwab's new robo-human Intelligent Advisory platform could lure clients away, argues one recruiter, while another disagrees.
Raymond James to Join S&P 500
The broker-dealer's market capitalization has risen above $10 billion.
Merrill Opens ‘Pandora’s Box’ With Shift on Commissions: Analysts
KBW weighs in on what moving away from a fee-only approach could mean for recruiting, operations and legal issues.
Morgan Stanley to Launch Small Retirement Plan Platform
The wirehouse says its advisors can use the technology to offer small-business clients the ability to handle 401(k) plans with less than $10 million.