7 Ways Advisors Can Add Clients, Stay Relevant
On a Morningstar panel, all the experts agreed that a solid value proposition is key to retaining and growing an advisor's client base.
Bank Stocks Fall as Jobs Report Threatens 2015 Rate Hike
The U.S. jobs report fell short of forecasts and bond traders pushed back expectations for a Fed rate hike until next year.
Top Portfolio Products: Schwab Adds Commission-Free ETFs
There are more choices than ever for investing overseas, from ETFs that hedge currency exposure to funds that focus on sustainability.
Employee Channel Adding Biggest Teams Ever: Raymond James Exec
Broker-dealer says recruiting on West Coast and Northeast now account for about one-third of recruited reps.
Morgan Stanley Promotes Pick, Simkowitz in Management Shift
The wirehouse adjusts top ranks as CEO James Gorman looks to boost collaboration.
Recruiting Roundup: $3 Billion Merrill Team Goes Indie
The advisors form Corient Capital and partner with Dynasty Financial Partners in Southern California.
Raymond James Hosts 21st Women’s Symposium
The broker-dealer's annual event includes several hundred advisors, prospects and guests meeting in St. Petersburg, Florida.
FINRA, SEC Wallop UBS Puerto Rico With $33.5M in Penalties Over Closed-End Funds
Company failed to ensure suitability for clients of Puerto Rican CEFs that were highly invested in Puerto Rican municipal bonds; branch manager and rep charged.
Most Advisors Use Smart Beta, Whether They Know It or Not: Russell
“Defining ‘smart beta’ ... continues to be a point of confusion for financial advisors,” says a Russell report with several illuminating findings.
How the Wirehouses Embraced ETFs
Wirehouses and other large broker-dealers have emerged as key players in ETF distribution; big data and smart beta will drive the trend further.