Advisors, It Pays to Thank Clients—Consistently: Janus Labs
Those who express gratitude regularly and systematically have significantly higher AUM than those who do not, Janus finds.
How Wall Street Scored Trump-Clinton Debate
Analysts with TD Securities, UBS, Citigroup, RBC and others share their views on election issues and candidates.
Wells Fargo Faces ‘Top-to-Bottom’ Review, Labor Department Says
Senators questioned whether workers were denied overtime pay; Labor Secretary Perez says in letter he ordered investigation.
BofA Fined by SEC for Lapses That Caused Mini-Flash Crashes
$12.5 million fine is largest ever for market abuse violations; weak trading controls led to stock drops of 99 percent.
Top Portfolio Products: First Trust, Amplify and Van Eck Introduce ETFs
New ETFs include sector and dividend-paying stock funds as well as municipal bond funds.
Wells Fargo Indie Channel Picks Up 6 Reps From Rivals
The advisors move to the firm with over $500 million in client assets from UBS, Bank of America and other broker-dealers.
DOL Fiduciary Rule’s Cost for 9 Investment Advice Players: From IBDs to RIAs
A.T. Kearney study sees big asset shifts across formats with IBDs getting walloped.
Morgan Stanley Gives Advisors Gender-Diversity Toolkit
The effort aims to equip FAs with more ways of serving clients interested in improving women's leadership and economic impact.
Recruiting Roundup: Raymond James Nabs Two Morgan Stanley Teams
Two hybrid RIAs announce merger plans, as US Trust, Merrill, Ameriprise and other firms share their latest recruiting news.
In 5 Years, Wealth Management Will Be Transformed: Roubini ThoughtLab
The detailed report shows that many financial advisors may not understand how fast wealth management will change in the coming years.