The Indie Robo-Advisor: A Doomed Business Model?
Bigger competitors and growth-hungry venture capitalists are bearing down on software-only "eRIAs," but there may be a way out, Cerulli says.
Cheaper Advice Isn’t Always Better Advice
Commission-based advisors can make recommendations based on a client's best interests, but given the conflicts involved, can they be relied upon to do so?
The Real Cost of Investment Fees
Personal Capital, an online advisory firm, just released a report showing how much money investors lose paying fees to financial institutions.
Why Clients Fire Their Financial Advisors
More than half of high-net-worth investors have switched advisors in their lifetime, and 23% have done so in the past five years, Spectrem found.
Betterment Unleashes Robo-401(k)s, Blasts ‘Fee-Laden Industry’
CEO Jon Stein said Betterment fast-tracked its push into 401(k)s after setting up a plan for its own employees proved "cumbersome" with "unsatisfactory" results.
Fiduciary September: A Time for Client-Centered Advisors to Come Together
The brokerage industry speaks with one voice on the fiduciary issue. Why don't fiduciary advisors do the same?
Taming the Panic Around Market Volatility
Unlike Tracy Jordan on "30 Rock," don’t panic when other investors are doing so. And if you must trade on a day like Aug. 24...
Why Now Is a Good Time to Remind Clients to Save for College
Several states are offering prize money this month to families who contribute to their in-state 529 plan.
Homemakers at Risk in Retirement
Homemakers aren't saving for retirement and are extremely vulnerable to running out of money and ending their lives in poverty, a new study says.
Clearing Up Client Confusion Amid Market Turmoil
Here are a few things I’ve been telling — and showing — clients to allay their fears during this time of market volatility.