New Messaging App May Help Hook Millennial Clients
A new app could have implications for advisors’ client communication strategies, particularly their millennial clients.
Cybercrime 2016: The New Frontier
New technology and digital advances enable firms to grow their businesses faster than ever.
Zacks Rolls Out Actively Managed Robo-Advisor
Zacks Investment has launched an actively managed robo-advisor that uses its own research, ETFs and a tech platform developed by Schwab.
Advisors Getting More Clients Via Social Media: Putnam Investments
Over the past three years, the percentage of financial advisors reporting success in gaining clients via social media rose from 49% to 80%.
DOL’s Fiduciary Rule Fuels Tech Trends at Conferences
Key themes at the many industry events this fall included new document management systems to comply with the DOL’s new best interest rule.
2 Pitfalls to Avoid, 7 Tips to Optimize Your Tech Solutions
Do a full ROI analysis before you decide on new technology, but the after-purchase steps are just as important.
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.
Wells Fargo Forms Tech-Payments Group, Promotes Two Managers
Former retail chief Avid Modjtabai to lead new operation; Perry Pelos to run wholesale banking, taking over from Sloan.
Under ’40 Act, Robo-Advisors Are Fiduciaries: Morgan Lewis Lawyers
Two attorneys argue that the ’40 Act “applies to all firms meeting the Advisers Act’s definition of investment advisor.”
Irate Investor Calls for Congress to Investigate Wells Fargo Advisors
Texan Lacy Harber, who took out ads in four newspapers, says he lost nearly $6 million while trading some $35 million last year.