The Future of Robo-Advice
As broker-dealers and asset managers adopt robo technology, pure-play robo-advisors will morph into offerings that also offer a human touch.
The Fidelity Guide to Attracting and Retaining More Millionaires
If the 2016 Fidelity Millionaire Outlook Study is right, advisors may not understand millionaires as well as they think they do.
DOL Rule: Is That All There Is?
But make sure, RIAs, you're complying with the DOL's Advisory Opinion 2005-23A when providing rollover recommendations to plan participants.
How Young Advisors Can Advocate for Change
Young advisors may be eager to embrace the next evolution of the profession, but change requires a delicate balance with the status quo.
DOL Fiduciary Rule Hits BDs’ IT Budgets, Product Lines
“Broker-dealers have to make a lot of very difficult, and in some cases expensive, decisions,” ERISA lawyer Fred Reish says.
Recruiting Roundup: Dynasty, Triad Pick Up Large Advisor Groups
Meanwhile, Merrill Lynch & U.S. Trust report their newest registered reps.
Hearsay Launches New Social Media Tool for Advisors
The platform tracks client communications, suggests steps for advisors to take and gives broker-dealers data for building best practices.
Top Portfolio Products: Nuveen Launches Alternative Investment Platform
The platform, using technology from Artivest, lets advisors allocate alternative investments across client portfolios and monitor their performance.
Morningstar to Help BDs Manage Small 401(k)s
Morningstar Plan Advantage will let broker-dealers offload the fiduciary responsibility of managing defined contribution retirement plans.
LPL Details New Mutual Fund-Only Accounts
The new accounts deliver “cost benefits of direct business but with the ability to supervise that comes with LPL custody,” the firm says.