The Low-Yield Bond Market Is Back
Advisors face the same challenge today that they faced before the election and two Fed rate hikes: finding income for clients.
Focus Financial to Sell Big Stakes to KKR, Stone Point
The RIA aggregator says it now has some 45 partner firms and is valued at $2 billion.
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.
Dick Wagner and the Need to Understand Clients’ Attitudes About Money
One of Dick’s lifelong interests was the role and meaning that money has in people’s lives, Bob Clark says.
New York RIA Registration Quirks
State investment adviser regulations can vary rather dramatically from state to state. Yet New York's regulatory regime stands out as perhaps the quirkiest.
Set Up to Fail: Bosses Create Problem Employees More Often Than You Think
I can’t tell you how many times an owner-advisor client has come to me about an employee who is “not working out.”
HighTower to Buy $6.4B RIA Aggregator WealthTrust
The larger advisor rollup firm says it added a $75 million credit facility to fund its largest deal to date.
How to Tell Your Deadbeat Partner to Earn More
Consumer Reports survey tackles uncomfortable family finance topics and offers tips on discussing money issues with loved ones.
Morningstar Pushes Change in DOL Fiduciary Rule Enforcement
The fund rating agency suggests a third-party audit of firms’ “big data” to check if individual portfolios are providing a “best interest standard of advice.”
Advisor Group Grabs Cetera’s Chief Legal Officer, Appoints New CFO
McKenna's general counsel and chief legal officer role is a new position designed to align risk and legal approach in the new fiduciary era.