Is State Regulation the Future of Financial Planning?
Is it time to rethink national regulation of financial planners in favor of state oversight? Florida's Michael Zmistowski of the Florida Council of the FPA makes the argument.
Vanguard Boasts a Trillion Dollars Worth of Boredom and Counting
Martha King makes the non-excitement of Vanguard into a virtue at the Inside ETFs Conference.
Raymond James Grabs $1M Rep From Morgan Stanley in Miami
Meanwhile, Lebenthal Wealth adds a manager and a branch in Michigan.
Why Do So Many Owners Resist Revenue Bonuses for Employees?
They fail to see that revenue-based bonuses are a relatively inexpensive and non-equity sharing strategy for getting a firm’s employees to think—and act—like owners.
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.
New Hire Roundup: CFP Board Names Richard Rojeck Chairman
Meanwhile, Incapital named John DesPrez III CEO, Rene Chaze became COO of Edelman Financial and Morgan Stanley named two commodities chiefs.
So You Want to Launch Your Own ETF?
With a strong idea, loyal clients or unique niche, today you could rightly say: “When I want to invest in an ETF, I launch one.”
SEC Investment Management Director Champ to Exit
Champ played a key role in the SEC’s money market fund reforms and instituted regular IM Guidance Updates. He will teach at Harvard Law.
NY Fed’s Dudley, CFAs: Industry Has a Big Trust Problem. Are Advisors the Solution?
To restore investors' trust, Wall Street’s leaders must lead by actions, not words, but advisors themselves are part of the solution.
6 Smart Tips for Working With Millennial Financial Advisors
Millennials can help you grow and sustain your practice, so let them do what they do best.