How an Advisor's Compensation Structure Affects the Client Relationship
Why a fee-based comp model is more beneficial to the advisor's company, the advisor and the client.
Top Portfolio Products: ARK Investment Management Launches 3D Printing ETF
The PRNT ETF tracks the Total 3D-Printing Index which includes 40 stocks in 3D printing and related businesses such as computer-aided design.
Financial Stress Has Toxic Effects on Employees
One financial factor is key in determining an employee’s financial stress level. And many employees are under great financial stress, a study says.
The SEC Investor Advocate’s View Askew: The Illusion of Fee Disclosure
What’s missing in the SEC report are the costs to investors of recommendations by “advisors” who do not have a fiduciary duty.
Morgan Stanley Profits Drop 14%: Q2 Earnings
The wealth group had pretax earnings of $859 million, down 3% from a year ago.
SheCapital, Robo-Advisor Aimed at Women, Shuts Down
After nearly a year, SheCapital, led by Tina Powell of Beacon Wealth, didn't achieve the activity it needed to stay afloat.
Prudential Annuities Failed to Stop $1.3M Theft From Elderly Client
Prudential failed to adequately respond to red flags that "allowed an unscrupulous actor to prey on an elderly customer," said FINRA enforcement chief Bennett.
Who Likes Robo-Advisors? Not These People
Data from two retirement providers indicates that the appetite for automated retirement advice is low.
Millennials Will Vote to Shake Up Wall Street. Right?
Guess again. Young people care most about the economy and terror, just like their parents, a Harvard survey finds.
Wells Fargo Plans Pilot Robo-Advisor for Early 2017 Launch
Latest Wells Fargo/Gallup survey found that investors trust the advisor who's tech-savvy more than one who's not. Also, only 5% of investors use robo-services.