A Summer of Broker-Dealer Discontent
From fines to financial pressure and recruiting woes, employee-advisor firms are facing significant challenges this summer.
How an Advisor's Compensation Structure Affects the Client Relationship
Why a fee-based comp model is more beneficial to the advisor's company, the advisor and the client.
Top Portfolio Products: ARK Launches 3D Printing ETF
The PRNT ETF tracks the Total 3D-Printing Index, which includes 40 stocks in 3D printing and related businesses such as computer-aided design.
What Financial Firms Can Learn From Fitness Trackers
Financial firms that want to offer a better digital experience to their clients should look outside the financial services industry, according to Corporate Insight.
Wirehouse ETF Use to Rise 3% Over Next 2 Years: Cerulli
Meanwhile, Morningstar reports that flows into gold ETFs propped up commodities in June.
Wells Fargo Teams With Amazon to Offer Discounted Student Loans
The partnership will cut rates for loans by 0.5% if students sign up for the Amazon Prime membership program.
Recruiting Roundup: RBC Wealth Adds 2 Teams From Rivals
Meanwhile, Cetera, Deutsche Bank and Snowden Lane say they have picked up new advisors as well.
Wells Fargo Plans Pilot Robo-Advisor for Early 2017 Launch
Latest Wells Fargo/Gallup survey found that investors trust the advisor who's tech-savvy more than one who's not. Also, only 5% of investors use robo-services.
BofA Q2 Profit Drops 18%
Revenue for the wealth group continues to drop, along with fees and commissions at Merrill and elsewhere.
Top Portfolio Products: Management Changes at Vanguard, Touchstone Funds
Check out this week's fund management changes and ETF launches, including new sustainable investing funds.