Fiserv Brings Model Portfolio Data to Unified Wealth Platform
'This technology gives investment manager clients access to key metrics about the use, penetration and movement of their portfolios,' says Cheryl Nash, Fiserv’s president of Investment Services.
LPL Makes Retirement Plan Deal With Vanguard, Ascensus
The arrangement gives LPL advisors the chance to do business with more than 1,000 retirement plans holding more than $2 billion in assets.
Broker-Dealer INVEST Signs Equity Bank
INVEST currently supports 150 banks and credit unions and 1,100 representatives nationwide.
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.
New Hire Roundup: U.S. Bank Adds Felchle, Ernst
This week in new hires, Steve Felchle and Jason Ernst joined U.S. Bancorp Investments, and David Skaggs went to the Private Client Reserve.
Best Full-Service Investment Firms Ranked by Investors: J.D. Power—2013
The satisfaction scores of some BDs is “lower than might be expected based on reported performance alone,” according to J.D. Power.
FA Satisfaction as Measured by J. D. Power
Satisfaction among independent advisors made a nice improvement over the past year, while that of employee advisors declined slightly, according to the latest J.D. Power and Associates 2013 U.S. Financial Advisor Satisfaction Study.
SEC, DOL Must Collaborate on ‘Overlapping’ IRA Fiduciary Standards: Attorney Mason
The failure of the SEC and DOL to collaborate on their “overlapping” fiduciary rules on IRA advice will render the SEC’s current cost-benefit analysis worthless, says Kent Mason of Davis & Harman.
Best Investment Firms Ranked by Advisors: J.D. Power 2013 Satisfaction Survey
Over the past 12 months, only one of the four wirehouses showed a significant drop in advisor satisfaction.
Focus Financial Adds $1B RIA
Portfolio Strategy Group joins the partnership with five advisors.