5 Key Traits of Fastest Growing Bank Wealth Managers
Fidelity study names five traits that set thriving bank wealth practices apart — size and location weren't among them — and their five biggest challenges.
On Claiming Social Security, Most Americans Don’t Know Much
Most people nearing retirement don’t realize what a critical decision they have to make when it comes to claiming their Social Security benefits.
Clients OK With Outsourced Investment Management: Northern Trust
Eighty percent of advisors who outsourced lost no clients from the move, according to a study released Thursday by Northern Trust.
Corporate Profits ‘Dangerously’ High; Labor to Grab Bigger Share: Research Affiliates
The only profit boom bigger than today's was followed by two world wars, the Depression and 39 years before another peak, warns Research Affiliates' Brightman.
Raymond James Program Grooms Associates for Advisor Roles
After a pilot program, the firm says it will look to train additional client assistants to boost the number of female reps.
New Hire Roundup: American College Names Linda Need Board Chairwoman
Also this week, Hy Saporta was named COO of Steward Partners Global Advisory, and a former top Boehner staffer joined the Bipartisan Policy Center.
New Hire Roundup: OppenheimerFunds Makes Personnel Changes
Also in new hires, Snowden Capital Advisors adds a new vice president and controller while BrightScope has hired a new VP of data solutions.
In Surprise, Helck to Retire From Raymond James
Chet Helck, CEO of Raymond James’ Global Private Client Group and a company board member, said on Jan. 9 that he will retire in February. He has been with the firm for 25 years and will stay on as a special advisor through year-end as needed.
The Financial Advice the Next Generation Needs
Our target clients aren’t under 30. That’s not where the money is. But ignoring them and their situations is shortsighted in the extreme.
What Do Young Near-Millionaires Need? Advice. What Don’t They Have? Advisors.
Emerging millionaires may be risk-averse to a fault and lack financial plans. Less than half have an advisor, Fidelity found.