How to Think Outside the ‘Black Box’ on Succession Planning
To boost their practice valuations, advisors must focus on translating prospective improvements into reality, according to Truelytics’ Kevin Connor.
What Morgan Stanley’s Broker Protocol Exit Means for Advisors
Morgan Stanley says the accord has become unsustainable; a recruiter says the policy change could make it harder for advisors to leave.
SEC Provides Relief to Advisors, BDs From European MiFID II Rules
The action reduces “the substantial uncertainty our members have lived under as they have tried to plan for implementation of MiFID II," said IAA's Barr.
How Advisors Really Use Morningstar Fund Ratings
A recent Wall Street Journal investigation found the ratings have a limited value, but most advisors already knew that.
LPL’s Advisor Force Dipped in Past Year
Q3 net new advisory assets grew by $6.9 billion from a year ago, but net new brokerage assets experienced outflows.
Morningstar’s Good and Bad 529 Savings Plans in 2017
Morningstar has upgraded ratings for six 529 college savings plans and downgraded ratings for three.
New SEC Task Force to Use Data to Root Out Advisor Fraud
The task force will use data analytics to spot misconduct like mutual fund share class and wrap-fee account abuse.
More Retirement Plans Add Auto-Enrollment, Auto-Escalation Features
A survey by Alight Solutions covering nearly 10 million employees and $775 billion in assets found an increase in these savings-boosting strategies.
FINRA Regulatory Chief Axelrod to Depart
After 28 years at FINRA and its predecessor, Susan Axelrod will step down.
$2B Trilogy Group Transitions From NPH to LPL
In other news, Ameriprise recruits Wells Fargo reps with nearly $370 million in assets.