SIFMA Board Has New Leaders
The 2017 board includes executives with Janney Montgomery Scott, Charles Schwab and AllianceBernstein.
What’s the Chance Schwab Will Buy LPL?
Industry consultants don’t mince words when it comes to a rumored merger of two large players in the financial space.
Schwab Profits Soar 33%, Beat Estimates: Q3 Earnings
The firm’s robo-offering now has $10.2 billion in assets, and its pre-tax profit margin topped 41% in the latest period.
Time for Advisors to Move Beyond ‘Fintech Fear’: PwC Report
While most wealth managers fear losing business to fintech companies, fewer than half have put fintech at the center of a digital strategy.
Schwab’s Kleintop: Stocks Are ‘Vulnerable to a Pullback’
The strategist points to a big gap between earnings expectations and reality in the face of weak global growth.
Schwab Throws Down Low-Cost Gauntlet on Target-Date Funds
The ETF-based funds will cost retirement plan investors only 8 basis points, which could prompt other fund giants to cut fees even further.
Recruiting Roundup: Dynasty, LPL Affiliates Add Advisors
Meanwhile, Akron, Ohio-based Sequoia Financial Group says it is merging with RAV Financial to form a team with $3 billion in assets.
5 Ways to Make the Most of Slow Growth: Kleintop
Despite sluggish productivity growth, advisors and investors still can find bright spots in different sectors and countries, the Schwab strategist says.
UBS Partners With SigFig on Tech Platform
The Americas wealth unit has decided not to go it alone when it comes to digital offerings; no robo-advisor is planned.
Robo Takeover of Advice Industry Is a Myth, Morgan Stanley Tech Exec Says
The key challenge for financial firms is meeting the expectations of both advisors and clients, not competing with robos, Chief Digital Officer Naureen Hassan said.