Portfolio Management System Is Advisors’ Most Critical Data Tool
The portfolio management system is one of the most important daily tools of any operations staff in an asset management firm.
TD Ameritrade Cuts Trade Commissions to $6.95 in Latest Price War Salvo
One day after Fidelity cuts were matched by Schwab, TD trimmed online equity, ETF and options trading costs.
The Goldilocks Theory of Fintech
Remember the Goldilocks fable? The infamous invader came across porridge that was too hot, porridge that was too cold, and porridge that was just right.
SEC Crowdfunding Rules May Be ‘Too Restrictive’: Acting Chair
More than 160 U.S. deals have been initiated since Regulation CF kicked in last May, according to acting SEC Chairman Michael Piwowar.
How to Determine Clients’ True Risk Tolerance
Risk tolerance is a much more complex and deeply nuanced concept than many advisors know.
JPMorgan Software Does in Seconds What Took Lawyers 360,000 Hours
A learning machine is parsing financial deals that once kept legal teams busy for thousands of hours. And that's just the start for JPMorgan.
The Problem With Client ‘Satisfaction’ and ‘Engagement’
When assessing how satisfied or engaged another person (or client) is in a relationship, that person’s actions, not words, say it all.
Broker-Dealers Spotlight Technology
While regulatory issues are keeping the wirehouse and other employee-advisor firms busy, other operational matters demand their attention, too.
How Cutting Costs Hurts Technology
Too often, price becomes too big a factor when evaluating new technology purchases.
Merrill Trims Fees for Some Clients With Less Than $1M
The cuts could bring charges down to roughly 2.2% of assets, saving clients some $5,000 a year.