Raymond James, Dynasty Add Big Wirehouse Teams: Recruiting Roundup
Meanwhile, Cetera attracts a group with 55 indie advisors in Southern California.
Board to Death: Is the CFP Board’s New Fiduciary Standard Really Better Than No Standard at All?
Back in 2008, the CFP Board announced that it was revising its professional standards to include a requirement that CFPs act as fiduciaries for their clients.
Packers’ Aaron Rodgers on Leadership, Post-NFL Career: Pershing Insite
BNY Pershing’s INSITE 17 featured an entertaining and insightful conversation with the Packers quarterback, led by Mark Tibergien.
American Portfolios Completes TrustFort Acquisition
American Portfolios announced on Friday that it has finalized its acquisition of IT firm TrustFort.
Will AdvisorBid Become the ‘Facebook’ of Wealth Management?
The online marketplace has 1,300 active advisors with profiles.
Health Care Costs to Swamp Social Security COLAs: HealthView Study
HealthView Services projects that retirees’ health care costs will more than double projected increase in Social Security COLAs.
How DOL Is Changing Sign-On Bonuses and Other Indie BD Procedures
A profitability shell game is going on, as profit centers such as ticket charge markups are sacrificed while advisory administration fees increase.
Crunch Time Part II: CFP Board’s ‘D-Day’
If the CFP Board doesn’t get planners on the right side of the fiduciary issue right quick, it risks marginalizing the entire profession.
RIAs Add Services Without Raising Fees: Schwab Advisor Study
In an effort to stand out, nearly half of advisors are bowing to this kind of fee pressure, Schwab's Bernie Clark says.
Goldman Sachs Launches First Bond ETF: Portfolio Products
Nuveen also launched two new ETFs that track ESG criteria.