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.
Best Full-Service Investment Firms Ranked by Investors: J.D. Power — 2016
Overall satisfaction has weakened across full-service broker-dealers, the survey finds.
Get Ready for Another Wild Ride in Q2: Schwab Strategists
Liz Ann Sonders, Brad Sorensen and Jeffrey Kleintop say to expect market conditions similar to Q1, including plenty of volatility.
Ladenburg Thalmann Rolls Out Robo-Advisor
Reps in Ladenburg’s network, which includes Securities America, Triad, Investacorp and other IBDs, can offer automatic investing to clients with as little as $500.