Talkin’ ‘Bout My Generation
In working with hundreds of firms, I realized that most advisory firms had two basic deficiencies that were hampering their ability to find solutions.
Fidelity Clearing to Partner With Goldman, US Bank; Expand Loans to Wealth Clients
RIAs, broker-dealers and family offices will be able to offer securities-based loans of up to $25 million through the program.
6 Cyber-Threats for Financial Firms in 2017: Cisco
Financial services firms in particular are “lucrative targets for online criminals,” according to Cisco’s 2017 Midyear Cybersecurity Report.
CFP Board’s Fiduciary Standard Provides ‘More Freedom’ Than DOL’s
Ray Ferrara of the CFP Board answered planners' questions about how the proposed changes to the standards for CFPs compare to Labor's fiduciary rule.
Morningstar: Industry’s Idea of Clean Shares May Not Be Clean Enough
While clean shares can be expected to be embraced by more fund companies, they present new challenges for brokers and advisors.
Show Me the Money: Taking the Fiduciary Debate to the Bottom Line
Part of acting in a client’s best interest is that the advisor must consider the “cost” of the recommended investments.
Advisors, Plan Sponsors Out of Sync in DC Plan Space
Wells Fargo Asset Management compared its survey advisors to a previous one of plan sponsors to discover the gaps.
These Millennial Advisors Are Killing It With Younger Clients
Under the radar, this youngest generation of advisors has created an entirely new advisory business model, designed to work with clients who are millennials themselves.
TD Ameritrade Emphasizes ‘NextGen’ Commitment With New Exec-Level Position
TD Ameritrade named Kate Healy as “Managing Director of Generation Next” and announced its NextGen scholarship winners.
IndexIQ Lowers Fees for 3 Currency-Hedged ETFs: Portfolio Products
Also, OppenheimerFunds and Direxion add ETFs; Harvest and Foundation Source launch continuing ed programs.