12 Key Insights for Financial Advisors and Clients
Marketing and communication between clients and advisors depends largely on use of marketing tools that vary by age and affluence, EY finds.
S&P 500 Erases 2015 Loss, Bonds Rally on ECB Stimulus; Oil Drops
The S&P capped its fourth straight gain amid the ECB's stimulus news and strong bank and transportation earnings.
BrightScope’s AdviceMatch Connects Clients With Advisors, Robos
BrightScope has launched a new product, AdviceMatch, that helps consumers determine whether a human advisor or an online platform is a better fit for them.
FINRA Arbitration Data Under Fire Again
Public interest groups prod FINRA's Arbitration Task Force to push for more transparency.
Faber’s No-Fee ETF — and Why Asset Allocation Doesn’t Matter
Concluding that low cost trumps portfolio optimization, investment quant Meb Faber provides an ETF to meet that need.
Invest in Others Is Now Taking Advisor Award Nominations
Invest in Others will take names through April 15, and the nonprofit is expanding its work for and with FAs, chairman Bill Dwyer says.
Student Debt Could Be Discharged in Bankruptcy Under New House Bill
Meanwhile, college savings proponents are rebelling against one of Obama's college-related proposals.
Bill Gross Put $700 Million Into Janus Unconstrained Fund
Bill Gross is “proud to eat his own cooking,” Janus CEO Dick Weil said during the firm's earnings call.
ECB's Draghi Commits to Trillion-Euro QE Plan to Fight Deflation
“This is a very important first step and a necessary step,” Morgan Stanley CEO James Gorman said.
Raymond James Tops Estimates as Private Client Sales Rise 8%
The number of advisors jumped by 79 in the latest quarter to 6,336.