Lebenthal to Exit Wealth, RIA Business
The closing follows the departure of YorkBridge Wealth Partners, a group with $750 million in assets that moved to Dynasty.
LPL Sees Big Uptick in Recruited Reps
A large number of advisors moved to the IBD from Cetera Financial, Advisor Group and other broker-dealers.
Should You Hoard Cash Before the Election?
Gary Shilling suggests cash allocations of 30% to 50%; S&P's Sam Stovall says holding cash makes sense. But there are less dramatic ways to speculate.
Top Portfolio Products: Additions and Subtractions for Direxion ETFs
Direxion announced two new ETFs plus splits for five ETFs that rallied sharply and reverse splits for four that suffered large losses.
Fiduciary Duty, Mutual Funds and 401(k)s: Will Asset Management Firms Kowtow on Fees?
The New York Life employees' lawsuit over the expenses of index funds in their 401(k) plan has broader implications for the asset management business.
Pension Plan Annuity Elections: Another Retirement Planning Gamble
Following up on the Social Security claiming "gamble," here's another complicated retirement income issue: deciding on the best pension payout.
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.
How to Save Retired Clients Thousands in Medicare Costs
Wealthier clients can save tens of thousands of dollars in Medicare premiums by using savings vehicles that the government doesn't consider in its income calculations.
A Tale of Woe: Boomers Trying to Build a Retirement Nest Egg
Eight in 10 boomers don't know the amount of pre-retirement income they’d feel comfortable living on into their golden years.
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.