Financial Services Explained, Pt. 1: The Cost of Everything
In the first of a series, we look at how advisors young and old can benefit from understanding how the industry works for your clients.
DOL Fiduciary: Outsourcing Offers Small Firms a Lifeboat
The primary focus for smaller plan sponsors looking to comply with the DOL fiduciary rule will likely be on mitigating risks through outsourcing.
Recruiting Roundup: Ameriprise Adds UBS Rep, RBC Taps Complex Chief
Deutsche Bank Wealth Management expands executive team by hiring Credit Suisse managers; more.
Lots of ‘Noise,’ Not Enough ‘Businesses’ in Advisor Space: FP Transitions’ Grau
“What worries me is that 95% of the independent space” is made up of these “books” and “practice” models, Grau told NAPFA attendees.
Why Advisor-Owners' Good Ideas Fail
To effectively communicate ideas to improve your firm, an owner-advisor needs a detailed (and flexible) strategy for changing that idea into reality.
Why the Wirehouses Hate the AUM Business Model
To me, the big question is why brokers continue to share their revenues with their broker-dealers.
Raymond James Honors Five ‘Women of Distinction’ at Event
The firm gives awards to top female advisors in its various divisions during the annual Women’s Symposium in Orlando.
Morgan Stanley and Fiduciary: Never the Twain Shall Meet?
Statements of values or virtues don’t instill a corporate culture. Compensation policies and budgets do.
Raymond James Making Big Moves to Raise Number of Female Advisors
The head of the Network for Women Advisors lays out the company’s strategy during the 22nd annual Women’s Symposium.
John Thiel, Head of Merrill Lynch, to Step Down
Thiel says he will stay on as an advisor; the new chief will be Andy Sieg, head of Global Wealth & Retirement Solutions.