Senators Introduce Retirement Security Act Focused on Small Business
“This Congress could make real strides in expanding opportunities for small businesses to provide retirement programs,” says ASPPA's Miller.
Online-Only Banking a Boost to Emerging Markets
The launch of Tencent’s online-only private bank venture, WeBank, has highlighted a new area of expansion for companies in China and emerging markets in general.
Consumers Prefer Banks, Credit Unions to Brokerages 9 to 1
Investors who purchase investment products through their bank or credit union keep those products longer, an LPL study found.
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. Towle, formerly of HighTower, joins Merrill.
6 Secrets to Becoming a Billion-Dollar RIA Firm: aRIA
The Alliance for RIAs has released a detailed outline on how independent financial advisors can reach and surpass $1 billion in AUM.
The ERISA Mystery
ERISA is a complex law and advisors are still confused about it.
New Hire Roundup: Vanguard’s McNabb to Serve Additional Term at ICI
Meanwhile, Dynasty Financial Partners announced a new partnering with Nova Wealth Advisors.
How Do Wealth Firms Stay Efficient?
A SunGard study asks leaders how they grow in the face of rising operating costs and regulations.
NFL's 49ers Strike Deal With Robo-Advisor Wealthfront
Team will pick up advisory fees on first $100,000 invested by front-office employees and former players, to whom Wealthfront will provide financial education.
Investor Optimism Falls on Retirees’ Worries
Most Americans say the markets are a "fair" or "poor" way for average investors to grow wealth, a Wells Fargo/Gallup study found.