Into the (Unknown) Future
A Danish proverb holds that “it is difficult to make predictions, especially about the future,” and yet day in and day out advisors must plan for an unknowable future.
The Age-Old Dilemma of Old Age
One of my first jobs involved writing obituaries and reading them on the air for a small-time radio station in Michigan's Upper Peninsula.
Better-Paid Employees Build Better Firms: FA Insight
Often, in their zeal to “contain costs,” as Oscar Wilde said, those in charge “know the cost of everything and the value of nothing.”
8 Benefits of Clear, Consistent Messaging
Last April, we launched an online questionnaire — called Kaleido Scope — that gives advisory firm owners an overview of how their business compares with a well-run firm.
Going Independent: Several Choices, Several Solutions
Here's how to navigate the numerous options available for a dramatic career shift.
Morningstar to Tackle Hottest ETF Topics at Conference
Among the topics where Morningstar wants to "rethink conventional wisdom" are active share, strategic beta, 401(k) mistakes and hedging currency exposure.
LPL-Affiliated RIA Merges With Bank-Focused Wealth Group
The deal gives some 500 IFP advisors acccess to a large number of bank clients and accounts, the two firms say.
UBS Nabs $1.3B Merrill Team; Wells Fargo Grabs $1B Morgan Stanley Reps
Meanwhile, Raymond James recruits groups with more than $800 million in client assets to its employee channel.
Advisors Lure Million-Dollar Clients on Social Media
Some 17% of respondents to an American Century survey said they acquired business of at least $1 million in part because of social media.
SEC Fines First Eagle, Affiliate $40 Million for Improperly Charging Shareholders
The firms used shareholder money instead of 12b-1 fees to pay for fund distribution, the SEC said. Similar enforcement actions could be in the offing.