Advisors, HNWs Don't See Eye to Eye on Philanthropy: Survey
Many advisors misunderstand clients' motivations for giving, a survey of both groups by U.S. Trust and The Philanthropic Initiative found.
Room to Grow: How Advisors’ Approach to Women Might Hurt Their Business
Since word got out on the street that women are the demographic du jour, financial advisory firms, large and small, have been making a dedicated and concerted—aggressive, even—effort to cultivate a female clientele.
13 Best & Worst Broker-Dealers: Q2 Earnings, 2013
Some large organizations kept up their momentum, while smaller BDs showed both weaker than expected and surprisingly strong results.
BofA Puts Values-Based Investing in Focus
Bank of America said Tuesday that it was rolling out more products and services to help clients align their investments with their beliefs...
BofA Boosts Profits 63% as Merrill Advisors Top $1M in Production
As the bank cut costs, its wealth management unit improved net income 38% to $758 million.
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.
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.