New Hire Roundup: Needleman Named to CFPB Advisory Board
Meanwhile, Dave Rau will head the trust tax group at U.S. Bank Wealth Management.
A Different Take on the Invasion of the Robo-Advisors
Beyond the hype, what are the investment approaches held by the biggest online advice providers, and which human advisors stand to lose?
Mass Affluent Investors Need Reality Check on Risk, Expectations
AssetMark study finds many investors were unhappy with returns over the past year, which averaged 14.2%, yet most call themselves low to moderate risk takers.
New Hire Roundup: LPL President Moore Elected to FSI Board
Also, DoubleLine adds four and AssetMark names Natalie Wolfsen chief commercialization officer.
Charles Goldman Plans to Focus on 4 Areas as Head of AssetMark
New AssetMark CEO plans to leverage firm’s relationships with independent advisors and “punch above our weight class” in serving advisor customers.
Genworth Taps Industry Veteran Charles Goldman for Board of Directors
As Genworth Financial moves ahead in a partnership with two private equity firms, Goldman, known as a fiduciary advocate, takes the reins as board chairman.
Here’s Your Lead Generation Machine
Here’s a storyboard you’ll love: Investor checks out financial advisor online and likes what he sees. Investor hires financial advisor.
Philip Palaveev: ‘There Are No More Free Clients’
In a wide-ranging interview, Palaveev expanded on his announcement that he will start a consulting firm for “ensemble” practices.
HighTower Announces Turnkey Business Lines to Help Advisors With Move to Independence
The company is now the thirteenth fastest-growing company in the nation, CEO Elliot Weissbluth says.
Can Prospecting for Clients Be Outsourced? Part 1
In financial services, platforms offering “lead generation” were traditionally used to deliver prospects who wanted a particular product—not those looking for advice.