Q1 Earnings Outlook: Grim Overall but Not for Financials
First-quarter earnings are expected to suffer the biggest decline in more than five years, but financial company earnings are forecast to rise.
FolioDynamix Builds on Its Stealthy Success
Call it the largest company you’ve never heard of, even though it goes head-to-head with Envestnet and other large industry mainstays.
HighTower Adds $750M Team From Morgan Stanley
Meanwhile, Focus Financial brings in a $600 million group, and Merrill Lynch grabs a $160 million advisor.
SEC’s Ability to Deliver True Fiduciary Standard in Doubt: Report
Institute for the Fiduciary Standard says the SEC believes "conflicts are routine and acceptable — not inherently inconsistent with providing objective advice.”
Ferri’s Forecast for Next 30 Years
As a flurry of forecasts look at the coming quarter or year, Portfolio Solutions principal Rick Ferri takes a bit of a longer view.
Millennials Near Tipping Point: Are You Ready?
This generation of more than 80 million potential clients is beginning a transition phase, highlighted by buying their first homes.
One Step at a Time: An Open Letter to the Institute for the Fiduciary Standard
The Institute for the Fiduciary Standard called for public and industry comment in a January white paper outlining 11 best practices for advisors and brokers who provide advice to clients. What follows is an open comment letter that I sent to the Institute in March
Getting New Clients: The New Wealth Manager
There are tried and true ways to get new clients, but will that change in the new wealth management landscape?
“The fault, dear Brutus, is not in our stars, but in ourselves.”
What Will Be Your Legacy?
A long-ago boss often reminded us that our business obligations extended to five constituencies: our clients, our employees, our community, our business partners (vendors and suppliers) and our industry.