13 Best & Worst Broker-Dealers: Q3 Earnings, 2013
Some of the largest companies turn in unexpectedly weak results, with one BD reporting its first loss under its star CEO.
Evensky & Katz Win Award at Schwab Impact
Evensky & Katz Wealth Management has won an award — yet again — as Schwab hands out IMPACT awards.
Dynasty Adds $1 Billion Texas-Based Wealth Team From Credit Suisse
Dynasty continues to build … well, a dynasty, at least in the independent advisory space.
Morgan’s Gorman: Advisor Turnover to Keep Slowing
The post-2008 mayhem that led many brokers to switch firms is over, Morgan CEO said, as the firm reported an 80% profit jump.
New Hire Roundup: IMCA Announces 2014 Board
Also this week, Celine Colgan joined the Presidio Group, Girard Securities welcomed David Bombart and National Planning Corp. promoted Scott Montgomery.
Financial Services Industry Ranks Dead Last in Consumer Trust: CFA, Edelman
Despite that lack of trust, conﬁdence in the markets remains high, according to a study.
Focus Financial Adds $2.2B Telemus
Telemus Capital comes on board in Michigan; meanwhile, Pensionmark Retirement adds a branch in San Diego.
The Advisor of the Future: Neither Human Nor Robot, but Cyborg
Yes, there are 'robo-advisor' offerings claiming to offer sophisticated advice to financial consumers, but how much of a threat are they to 'real' advisors? What you can learn from the robots.
New Hire Roundup: Pascal Named President of Commonfund Capital
This week in new hires, Commonfund Capital named Donald Pascal president, and Paul Knight, Michael Gyure and Michael Gorman joined Janney Capital Markets.
It’s Not Just Active and Passive, but Behavioral Finance That Best Meets Clients’ Needs
Ted Lundgren of NAAIM argues that the lessons of behavioral finance must inform the active vs. passive investing debate.