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.
Edward Jones May Reverse Stance on Mutual Funds in Commission Accounts
The firm, like Merrill Lynch, is considering "options" for its investor clients as the DOL rule's future remains in doubt.
Will DOL Fiduciary Rule Be Watered Down?
The possibility of weakening the rule worries Betterment CEO Jon Stein.
Ameriprise Adds 15 Reps From Wells Fargo FiNet: Recruiting Roundup
Meanwhile, FiNet, Raymond James, Merrill Lynch and S2K Financial share details on their latest recruits.