How an Advisor's Compensation Structure Affects the Client Relationship
Why a fee-based comp model is more beneficial to the advisor's company, the advisor and the client.
Top Portfolio Products: ARK Launches 3D Printing ETF
The PRNT ETF tracks the Total 3D-Printing Index, which includes 40 stocks in 3D printing and related businesses such as computer-aided design.
What Financial Firms Can Learn From Fitness Trackers
Financial firms that want to offer a better digital experience to their clients should look outside the financial services industry, according to Corporate Insight.
Wells Fargo Plans Pilot Robo-Advisor for Early 2017 Launch
Latest Wells Fargo/Gallup survey found that investors trust the advisor who's tech-savvy more than one who's not. Also, only 5% of investors use robo-services.
TD Ameritrade Earns $240M in Quarter; Says Retail Robo Is Coming
Advisor business was particularly strong in the quarter ended June 30, say outgoing CEO Tomczyk and incoming CEO Hockey.
Goldman Sachs Profit Jumps 74% on Bond Trading: Q2 Earnings
Fixed-income revenue rises 33%, equities revenue drops 11%; firm’s compensation costs decline 13% to $3.3 billion.
Schwab Q2 Profits Jump 28% on Record Revenue
Robo platform tops $8 billion in assets; total client assets in Schwab Advisor Services at $1.206 trillion; profit margins at 39.4%, best since record 2008.
Top Portfolio Products: Management Changes at Vanguard, Touchstone Funds
Check out this week's fund management changes and ETF launches, including new sustainable investing funds.
Strong Advisor-Client Relationships Drive Growth During ‘Sideways’ Markets
The client retention rate for RIAs was a whopping 97% in 2015, according to Schwab's annual RIA Benchmarking Study.
Betterment Assets Top $5 Billion; Firm Hires Its First CFO
Betterment CEO Jon Stein says assets are five times what they were just 18 months ago.