The Rainmaker’s Reign Is Over
Firms that rely on one or two rainmakers will find themselves struggling to keep up. It's time for a new strategy.
Who Makes Better Funding Choices: Crowds or Experts?
Two Ivy League researchers compared crowdfunding and expert evaluation of proposed theater projects. Here's what they found.
Save the Advice Industry! Hire a Retirement-Plan Intern
Bringing a college student on board can boost your business in both the short and long term.
Investors Can Find Opportunities in Zimbabwe Despite ‘Mugabe Rules’
Media outlets around the world are speculating that the 90-year-old president of Zimbabwe might be weaker than Zimbabwe’s authorities are letting on.
What Should 401(k)s Cost? What Do They Cost?
As DOL prepares its fiduciary reproposal, a Yale professor’s letter has shifted the conversation to “Why are 401(k) plans overcharging participants?” It’s the kind of publicity politicians can’t ignore.
6 Bad Athlete Charities
All that money and all those good intentions don’t make foundations immune from mismanagement. Maybe they should have hired better advisors.
FINRA Up to Its Old Tricks With SRO Strategy Shift
FINRA's apparent strategic shift over an SRO for advisors to the Senate is the latest in a series of moves it's made over the decades to protect the brokerage model.
Bachus’ SRO Bill Blasted by Government Watchdog
The nonpartisan Project on Government Oversight told Reps. Spencer Bachus and Barney Frank in a letter on Tuesday that it opposes Bachus’ bill to create an advisor SRO.
New Hire Roundup: SEC Welcomes Norberg; Fleming Joins FINRA Board
This week in new hires, Jane A. Norberg joined the SEC as deputy chief of the Whistleblower Office; Gregory J. Fleming was elected to FINRA's board of directors; Mike Anderson went to Securities America; and Dan Dorfman joined Trim Tabs Money Blog as a columnist.
Financial Planning Week Delivers Advice to Those Who Most Need It
Multiple Financial Planning Days are scheduled across the country in October, with volunteers from FPA providing pro bono advice to consumers.