Why Betterment Delayed Trading After Brexit Vote
"During extraordinary events, we are extraordinarily prudent,” a Betterment spokesman said. But are they being overly cautious?
Brexit Sends Banks, BDs Reeling
Analysts say that the British vote will hurt the earnings of big banks and BDs, but one contrarian says it's time to buy the sector.
Recruiting Roundup: Raymond James Adds $205M Wells Team
Meanwhile, LPL Financial, U.S. Trust and others announce new affiliated reps and management hires.
Fiduciary Self-Assessments: Hype or Help?
Following the Institute for the Fiduciary Standard's Best Practices for Fiduciary Advisors can provide a substantial market boost to professional advisors.
7 BDs Fined Over RCS-Related Proxy Scandal
Massachusetts fined seven BDs over a fraudulent proxy vote tied to American Realty Capital and other troubled firms once connected to Nicholas Schorsch.
Is There a Winning Personality Type for Top Advisors?
AssetMark researchers attempted to find out by studying 41 firms — and merely participating in the study boosted the firms' results.
LPL Says Assets Up in May, Clarifies FSI Departure News
The IBD's split from the lobbying group “was completely unrelated to the matter of dues,” it says.
Top Portfolio Products: Strategy Shares Launches With 2 Actively Managed ETFs
Products and services added during the past week go well beyond the usual new ETFs to include an investment banking platform and phone-based advice service.
The Vision Thing: Why You Need It and How to Get It
Immigration, abortion, fracking, surtaxing the 1% — presidential elections seem to hinge on issues like these, but in reality, elections are about vision.
Edward Jones’ Jim Weddle: Readying for the Future
The head of the national broker-dealer looks at long-term trends in wealth management and sees big opportunities.