Keep It Personal, Please
Bilbo Baggins famously announced that “Alas, eleventy-one years is far too short a time to live among such excellent and estimable hobbits!”
Advisory Firms Are at a Growth Crossroads
For years, I have referred to the lifecycle of an advisory firm as “Wonder, Blunder, Thunder and Plunder,” Mark Tibergien writes.
Fintech Isn't Solving Industry's Diversity Problem
According to Morningstar's Don Phllips, finance is "a community that serves rich white men very well." Josh Brown says society is negligent on financial education.
The Key to Success Is Often What You Don’t Know
“It’s not the things we don’t know that get us into trouble, it’s the things we know that ain’t so.”
Tax Cuts to Happen in ’17, but Not Reforms: Andy Friedman
Also at the Raymond James conference, CEO Paul Reilly says cuts could benefit some advisors doing business as S Corps and LLCs.
Ameriprise to Buy $8B Broker-Dealer With 200 Reps, Tops Earnings Estimates
The firm is picking up a group with about 200 advisors who serve banks and credit unions.
Why Individual Investors Support Fiduciary Rule: Financial Engines Survey
A survey from the nation's biggest 401(k) advisor found that 93% of Americans want advisors working on retirement accounts to put client interests first.
What to Make of Merrill's Reorg, New Ads
Is Merrill Lynch — now led by Andy Sieg — wrestling with issues tied to the DOL's new fiduciary rule?
Why a Diluted Fiduciary Rule Is Bad for Advisors: Betterment, CFP Board
Betterment, CFP Board and Consumer Federation say that a watered-down rule could hurt not just investors but advisors, and they discuss what could happen next.
What Clients Want, and What Advisors Think They Want
A new survey reveals several disconnects between the two.