Wells Fargo Adds Morgan Stanley Reps; LPL Picks Up Team From JPMorgan
Also, an LPL affiliate forms an RIA partnership to attract new reps to its network.
Lou Harvey: Looking for Mr. Dalbar—The 2015 IA 35 for 35
The wizard behind the curtain of the ubiquitous research firm helped popularize behavioral finance and keeps the industry on top of important issues.
Socially Responsible Investing: A Way to Attract Younger Clients
More than one-quarter of investors under 45 allocate at least 25% of their investable assets in socially responsible companies, according to a new survey from Spectrem.
Duke’s Coach K: Lessons on How Advisors Can Build the Best Teams
“Teams work better if their members have a sense of ownership,” said Coach Mike Krzyewski.
Envestnet Offers Digital Tool to Battle Robo-Advisors
The Advisor Now portal is designed to help advisors deliver comprehensive “wealth management services where and when clients want them,” said Envestnet CEO Jud Bergman.
Harold Evensky: Comprehensive Planning by Stages—The 2015 IA 35 for 35
When Harold Evensky started in the financial planning business he was doing “yellow pad planning,” literally using a yellow pad of paper and a pen to map out clients’ financial plans, he told Investment Advisor in April.
How RIAs Should Enforce Firm Policies and Procedures
Just having a manual isn't enough: advisors should take specific steps when a violation occurs, and regularly train all the employees of the firms on its policies and procedures.
Envestnet Acquires FinTech Company Finance Logix
Envestnet will continue to support Finance Logix's standalone financial planning software model for existing and new clients and will create a new, integrated platform.
SEC Chief: Advisor Exam Crunch Is a ‘Serious’ Investor Protection Issue
SEC chief White tells senators the current 10% advisor exam rate is cause for "great concern" and discusses fiduciary rules.
Will Vanguard’s New Hybrid Platform Crush Robos?
Investors with at least $50,000 can pay as little as $150 a year for the service, which combines digital advice with guidance from an advisor.