5 Huge Market Shifts, and How Investors Should Respond: Merrill
Bank of America analysts outline trends that are reshaping the global economy and the world's stock markets, while suggesting several steps advisors and their clients can take in response.
Wealthy Families Not Addressing Major Risks in Financial Plans
A new study by U.S. Trust identifies wealthy families’ collective health as a risk to wealth.
CFP Board Appoints Panel to Boost Number of Female Advisors
The CFP Board announced Wednesday an initiative to boost the number of women advisors in the field, including CFPs, as the number of female CFPs hasn’t budged for a decade.
New Hire Roundup: National Advisors Trust Names New CEO
This week in new hires, James Combs was named CEO of National Advisors Trust Co., and FSI elected two new board members.
New Hire Roundup: Maglan Capital Welcomes Ashley Cooke
Also this week in new hires, U.S. Bank's Private Client Reserve named two to key posts.
Learned Behavior: Educating Advisors on Behavioral Finance
There’s an ample body of academic research that financial advisors could turn to in order to figure out why, say, a prospective client seems so eager at first to retain their services and then suddenly goes cold on them.
Wirehouses Boost Wealth Results
Bank of America reported a 63% drop in net income for the fourth quarter of 2012.
New Hire Roundup: BlackRock Names Shedlin CFO
This week in new hires, Gary Shedlin was named CFO of BlackRock, and Mary Justice was named Seattle market leader for the Private Client Reserve of U.S. Bank.
Barclays, Morgan Stanley, Raymond James Grab Reps From Rivals
The movement involves advisors with more than $15.6 billion in client assets under management and $36 million in yearly fees & commissions.
Charitable Giving Linked to Higher Stocks, Not Lower Taxes
The stock market has risen 5% year to date, and that helps philanthropic giving more than fears over ending the charitable deduction hurt it, the U.S. Trust wealth strategies advisor Ramsay Slugg told AdvisorOne.