Personal Capital Has a New CEO
Bill Harris, who founded the firm, remains chairman; Jay Shah, who was its COO, becomes CEO.
Schwab Makes New Ad Push as Assets Near $3 Trillion
The new commercials focus on how indie advisors working with the firm serve high-net-worth investors.
Advisors Continue to Get New Business From Social Media: Poll
Forty-six percent of advisors acquired business this year via social media, up from 43% last year, says American Century.
Raymond James’ National Event to Highlight DOL Fiduciary, Politics & Markets
The yearly conference for its independent advisors takes place this week in Orlando.
SEC Accepting Comment on Inline XBRL Filing Requirements
In an effort to improve the quality of data regarding financial firms, the SEC proposed a rule that would require firms to submit financial statements and mutual fund summaries using inline XBRL.
Nuveen Adds Real Estate Allocation to TDF Series: Portfolio Products
In other product news, VictoryShares launches Dividend Accelerator ETF.
Raymond James to Buy $27B Asset Managers
Scout Investments and Reams will join Carillon Tower Advisers, which recently expanded its sales and distribution team.
World’s Best Cities to Launch a Fintech Firm: Deloitte Report
Deloitte published in April an interim report on behalf of the Global FinTech Hubs Federation that measures the fintech environment in 44 cities.
4 Cool Fintech Tools Coming Out of NY Tech Day
This year’s NY TechDay brought in more than 575 startups, including several fintech influencers.
Will Robo-Advisors Be Terminated?
The once great disrupters seem to have met their limitations. What should advisors expect from this technology now?