Averitt Retires as CEO at RJFS Conference
Dick Averitt retired as CEO of Raymond James’ independent-advisor channel in late May.
Raymond James’ Averitt Recognized for Leadership at Conference
The popular leader of Raymond James’ independent-advisor channel steps down after 34 years at the firm.
Americans Reluctant to Invest in Equities: Franklin Templeton
Despite strong U.S. equity market returns in early 2012, indications are that Americans remain investment spectators, a study designed by Duke professor Dan Ariely found.
SEC Names Blizzard to Head Investment Advisor Regulation
The SEC has named Diane Blizzard associate director for regulatory policy and investment adviser regulation in the Division of Investment Management, replacing Robert Plaze.
Although the u.s. stock market took has taken investors for a wild ride over the past year, it has largely remained unchanged
A Rational Look at a Much Maligned Product
Few products within the financial services industry have received as much consistent criticism as fixed index annuities. An FIA is a type of deferred fixed annuity that earns interest or provides benefits that are linked to an external reference or index, most commonly the S&P 500. The insurer underwriting the...
Five Good Questions for Behavioral Economist Dan Ariely
When it comes to making decisions, using emotions is likely to be unsuccessful or lead us astray; money isn’t unique in that regard.
Top 10 Universities & Liberal Arts Colleges
It’s that time of year: cool, crisp nights; tailgate parties; drunken football fans—and U.S News and World Report’s list of the top colleges and universities in these United States.
Hassell Takes BNY Mellon Reins as CEO Kelly Steps Down
Long-time veteran will succeed Kelly following management differences with board
Dan Ariely: ‘Overpaid’ Advisors Grossly Miscalculate Retirement Needs
In a controversial blog post sure to attract the attention and possibly the ire of financial advisors, author and behavioral economics professor Dan Ariely says “a simple algorithm” can do what “overpaid” advisors do, “probably with fewer errors,” and that the basics could be done by “highly trained monkeys.”