Butler to Replace Booth as Co-CEO of Dimensional Fund Advisors
David Booth will continue in his role as executive chairman and will remain closely involved with the firm on strategic initiatives.
SEC Investor Advocate Launches Investor Research Initiative
The POSITIER initiative will utilize surveys, focus group tests and other tools to better assess investor needs and influence rules.
Advisor M&A Growth Is ‘Subplot of a Bigger Story,’ Says Schwab’s Beatty
Record number of 2016 transactions reflects growth of RIA industry and confluence of buyers’ and sellers’ shared search for "durable" businesses.
Betterment for Business Advisory Board Adds Google Benefits Director
John Casey, employee benefits director at Google, joins three other board members to help guide Betterment's 401(k) business.
Flat Fees Again: Hey, It’s Not My Fault!
Thoughtful comments from two readers requires another look at the flat fees vs. AUM compensation model for advisors.
AACF's Banks Joins White House as Senior Advisor on Energy, Environment
Former CIA analyst George David Banks is now special assistant to Trump and the senior director for international energy and environment.
BD Back-Office Consolidation: Profit Bonanza or Service Boondoggle?
There are three models broker-dealers are following in light of higher expenses and lower revenue. Which is best for reps, and their BD?
$700M Morgan Stanley Team Moves to Raymond James Indie Group
Steward Partners opens a new office in Florida with six breakaway brokers that have nearly $6 million in annual fees and commissions.
BofA Hikes CEO Moynihan’s Pay 25% as Citigroup Cuts Corbat's
Bank of America shares climbed most in bank index last year; Citi trims CEO's 2016 compensation 6.1% to $15.5 million.
Risi Elected to Vanguard Charitable Board
The national donor-advised fund, with nearly $6.5 billion in grants to charities, is celebrating its 20th anniversary.