Raymond James Names Top Branch, Complex Managers
The two honored professionals were picked from more than 240 candidates in the employee-advisor channel.
Trump Nominates Acosta as Labor Secretary
Lawyer Steve Saxon says R. Alexander Acosta is a "safe" pick, but it "doesn't look like he knows a lot about retirement or health benefits."
Lawmakers Chide Mulvaney as New OMB Director
Lawmakers are concerned about his desire to cut Social Security, raise the retirement age and end Medicare.
Coaching or Consulting? It Depends on What You Need
The difference? Coaches tell owners what they need to hear; consultants them what they need to do. But that's only part of the answer.
The Dead Horse Bounce. And Another Thing About Flat Fees…
Why have the vast majority of independent advisors not adopted flat fees while those who did eventually switched back to AUM fees?
Morgan Stanley Taps New Chief Stock Strategist
The decision follows the departure of an executive to a hedge fund.
ABLE Alliance Launches Investment Accounts for Disabled, Blind
The new ABLE Investment accounts are “savings vehicles for disability-related expenses that will not jeopardize federal benefits,” said Michael Frerichs, Illinois state treasurer.
Raymond James Adds $5M Morgan Stanley Team
The four advisors switch firms with about $460 million in assets in Mt. Laurel, New Jersey.
Growing RIA Grabs $160M Group in SoCal
Mercer Advisors says this is its sixth deal over the past 12 months; it has $9.6 billion in client assets.
The Dumb Money Isn't So Dumb
Retail investors have moved from active to passive funds, from high to low cost, and from commission-based brokerage accounts to fee-based managed accounts.