4 Ways to Simplify Your Complex Sale
Many proposals are just incomprehensible.
AIG Advisor Group Adds Business Exec Ahead of Conference
Todd Fulks, formerly of FP Transitions, will oversee advisor succession planning and acquisition.
LPL-Affiliated RIA Merges With Bank-Focused Wealth Group
The deal gives some 500 IFP advisors acccess to a large number of bank clients and accounts, the two firms say.
Rivals Question Betterment’s New 401(k) Platform
Betterment's robo-advisory platform is raising questions in the 401(k) plan industry ranging from the use of ETFs to compliance with DOL’s QDIA disclosure requirements.
How Would You Compete Against Your Own Firm? 5 Questions to Ask
If you were trying to attract clients away your firm, what would you say? Your competition, including digital advisors, is already doing so.
SEC Censures, Fines St. Louis Advisor Firm for Lax Cyber Policies
A firm that "failed entirely" to protect thousands of clients' data from a cyberattack will pay a $75,000 fine.
Some Americans Would Rather Clean Toilets Than Pick a Health Plan: Survey
Aflac study finds that most people spend less than 30 minutes researching health benefits; advisors can help change this.
Ex-Morgan Stanley Advisor Pleads Guilty to Taking Data
Galen Marsh faces as long as five years in prison after downloading details of 730,000 client accounts.
The Problem With Robo-Advisors’ Use of Mean Variance Optimization
Letting machines that are essentially error maximizers automatically build investment portfolios is not a great idea. In fact, it’s a terrible idea for your clients.
Advisors Lure Million-Dollar Clients on Social Media
Some 17% of respondents to an American Century survey said they acquired business of at least $1 million in part because of social media.