Here’s How Financially Naive Millennial Parents Are
According to Personal Capital, 70% say they favor saving for their kid’s college education over saving for retirement, a strategy advisors usually oppose.
Schwab Makes New Ad Push as Assets Near $3 Trillion
The new commercials focus on how indie advisors working with the firm serve high-net-worth investors.
Swiss Order UBS to Give Up Client Details
UBS Group is fighting a demand that it provide information on French clients to tax authorities.
Morgan Stanley Opens Miami Office for Ex-Credit Suisse Reps
The new office serves Latin American clients and has some $7 billion in assets under management.
Why don’t life insurance advisors go after foreign national prospects?
Given all the hype about the foreign nationals market, why are so few producers active in it?
Wealthy women vs. wealthy men: 4 key differences in how they invest
'Advisors may need to encourage wealthy women to be more aggressive in their investment philosophy,' according to Spectrem.
Wealthy families have $4 trillion up for grabs
Blackstone, Carlyle step up effort to keep slice of the action.
LPL Expanding HNW Services to Reps
Execs say the advisory "landscape has changed" and that the "credibility gap" between indie firms and wirehouses is no more.
Raymond James CEO: Deutsche Deal ‘Accelerates Shifts’ in HNW Space
CEO Paul Reilly also explains why and how the DOL fiduciary rule is “frustrating,” entailing costs across the industry.
9 places to find prospects from the "old money" set
Start by buying into the concept that old money and philanthropy go hand in hand.