GMO’s Inker: Can Trump Save Economy From Hell, Purgatory or Limbo?
Portfolio manager Ben Inker dissects the economic scenarios, none of them pleasant, that he says could guide the markets over the next four years.
Morgan Stanley to Cut Fees, Keep Commissions Despite DOL Doubts
While speculation about the fiduciary rule abounds, the wirehouse insists it will decrease conflicts of interest and redundant offerings.
White House Reporter Talks Trump, Tweeting and Trust
At FSI OneVoice, former ABC News reporter Ann Compton gives advisors a taste of the challenges and lessons of presidential power.
Citi Agrees to Pay $18.M to SEC Over Excess Fees on Managed Accounts
This repayment and fine come two weeks after a similar settlement with New York officials.
Cetera BD Names New President
Thomas Taylor will now lead Cetera Advisor Networks, which has about 2,400 affilated advisors.
Merrill Lynch Nabs $4.5M UBS Team in Texas: Recruiting Roundup
Meanwhile, Raymond James, Ameriprise, Focus Financial and Kestra add advisors, managers and more.
Raymond James Tops Estimates as Profits, Sales Rise
The firm has more than 7,100 reps, $585 billion of assets and growing fee-based revenue.
4 Top Active Fund Managers of 2016: Morningstar
The research group names leaders in equity, international, fixed income and asset allocation based on performance and consistency.
If DOL Fiduciary Gets Delayed, Seize the Moment: FSI’s Brown
The FSI chief says Trump's election gives it “once-in-a-generation opportunity” to push for more advisor- and client-friendly reforms.
‘No Going Back’ on Commissions, Fiduciary Changes, Broker-Dealer CEOs Say
At FSI OneVoice, execs say that, DOL rule or no DOL rule, commission-based business models are on their way out.