Raymond James Adds 8 Advisors; Margaret Towle Joins Merrill
RJ adds advisors from largest credit union in Oregon, while Wells Fargo adds reps in Connecticut and Texas. Formerly of HighTower, Margaret Towle joins Merrill in Washington state.
Schwab CEO Shows Some Love for RIAs: Weekend Interview
Walt Bettinger on how he values RIAs, helping advisors with changing client demographics and an aging workforce, and why he “cringes” at the growth of target-date funds.
Top Portfolio Products: Fidelity to Disclose Additional Money-Market Fund Data
Portfolio-related developments over the last week include the closure of Fidelity’s Small Cap Discovery Fund to new investors and an advisor change by Vanguard on its International Value Fund.