Ex-Schwab, Fidelity Exec: Be Careful Whom You Trust
Tim McCarthy talked to ThinkAdvisor about being president of Schwab and Fidelity, revamping struggling Asian firms and the good things Bernie Madoff did.
The Biggest Threat to Firms That Serve the Wealthy
Among a wide range of findings on the high-net-worth market, a Cerulli report cites a mistake that can erode a wealth manager's asset base.
Wells Adds 3 Teams with $4.5M as Rivals Nab Reps
Wirehouses are grabbing groups of advisors nationwide, and independent firms are acquiring new assets in Illinois.
4 Big Trends You Can’t Ignore
The future always presents challenges, but also opportunities for those who are prepared.
10 Tech Trends That’ll Rattle the Advisory Industry
Attracting Gen X and Y clients will be vital as boomers retire, but these changes will make it a lot more challenging.
Advent Launches New Platforms, Logo at Confab
Meanwhile, SunGard rolls out a portfolio management tool that lets advisors compare financial projections with actual performance.
Top Portfolio Products: Putnam Launches 6 New Funds
Other new products include new retirement share classes for seven of Neuberger Berman’s funds and an Islamic index series from Russell.
Advisors Beware: Silicon Valley’s Jemstep Targets Underserved Mass Affluent
For a fraction of brokers' fees, Jemstep offers buy/sell trade ideas for an individual’s 401(k), IRA and brokerage accounts.
High Flyin’: Revisiting the Hybrid Model With HighTower
A few years ago, I did some publishing consulting work for Elliot Weissbluth, the CEO of HighTower Advisors in Chicago.
Fidelity: Majority of Retirees Have Not Taken RMDs for 2012
It’s understandable why too many individuals of retirement age forget, delay or simply refuse to take their required minimum distributions.