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.
Raymond James Names Top Branch, Complex Managers
The two honored professionals were picked from more than 240 candidates in the employee-advisor channel.
Trump Nominates Acosta as Labor Secretary
Lawyer Steve Saxon says R. Alexander Acosta is a "safe" pick, but it "doesn't look like he knows a lot about retirement or health benefits."
Lawmakers Chide Mulvaney as New OMB Director
Lawmakers are concerned about his desire to cut Social Security, raise the retirement age and end Medicare.
Coaching or Consulting? It Depends on What You Need
The difference? Coaches tell owners what they need to hear; consultants them what they need to do. But that's only part of the answer.
The Dead Horse Bounce. And Another Thing About Flat Fees…
Why have the vast majority of independent advisors not adopted flat fees while those who did eventually switched back to AUM fees?