The Indie Robo-Advisor: A Doomed Business Model?
Bigger competitors and growth-hungry venture capitalists are bearing down on software-only "eRIAs," but there may be a way out, Cerulli says.
Vanguard Boasts a Trillion Dollars Worth of Boredom and Counting
Martha King makes the non-excitement of Vanguard into a virtue at the Inside ETFs Conference.
New Hire Roundup: Putnam Names Gould Head of Institutional Management
In another personnel move, Mariner Wealth Advisors has added ex-NFL quarterback Mark Vlasic as a senior wealth advisor.
Investors Hope for 10% Return, Yet Shy From Risk: Natixis
Americans are mostly risk-averse yet expect aggressive returns on their investments in order to comfortably fund retirement, Natixis finds.
Fox Financial Planning Network Unveils ‘Intelligent’ Automation Software
New middleware platform acts as "connector, translator and processor" to streamline advisor workflows.
H.D. Vest Hires LPL Vet to Lead Marketing, Recruiting
Ruth Papazian will be chief marketing officer; Adi Garg to head information services.
Securities America Forms Arbor Point Venture for Hybrid Advisors
The independent broker-dealer is working with NorthStar Financial on the venture, which offers reps a choice of custodial firms.
SEC, FINRA Enforcement Roundup: Eli Lilly to Pay $29M to Settle Foreign Bribery Charges
The SEC recently charged Eli Lilly for violations of the FCPA and barred an Arizona-based fund manager from the industry after the fund’s collapse. FINRA ordered Pruco Securities to pay $10.7 million.
The Jaws of Defeat
Taking time out over the holidays to reflect on the past year has become one of my favorite exercises.
12 Best & Worst Broker-Dealers: Q3 Earnings
Earnings fell as much as 88%, but also jumped over 70% within the broker-dealer industry—AdvisorOne spotlights the six best and six worst performers.