More Families Saving for College but Many Not Using 529 Plans
A new survey shows close to 60% of families are saving for college, but only 37% are using 529 plans.
UBS Settles With SEC Over Sales of ‘Complex Products’
SEC says the wirehouse must repay 8,700 investors over $8 million and pay a fine for not reasonably training its advisors.
Building Trust Key to Overcoming Client Roadblocks
Trust is still an issue in the financial services industry, Zahira Lehri of SunTrust said at the IRI Vision annual conference.
Does Client Philanthropy Pose a Conflict for AUM Advisors?
If your client reduces his assets under management through charitable giving or other means, does that make the flat-fee approach better for advisors?
Schwab DAF Clients Gave $1.2 Billion to 56,000 Charities in FY2016
For the second consecutive year, Schwab Charitable distributed over $1 billion in charitable grants on behalf of its DAF account holders.
Advisors, It Pays to Thank Clients — Consistently: Janus Labs
Those who express gratitude regularly and systematically have significantly higher AUM than those who do not, Janus finds.
SEC Advancing Third-Party Exam, Fiduciary Rule Plans
SEC chief White said agency is looking at staff recommendations on a rule to require “independent compliance reviews.”
Advisors Can Define the New Fiduciary Advisor/Client-Centric Paradigm
Five reasons advisors will value Best Practices and join the Institute for the Fiduciary Standard's Registry of Fiduciary Advisors.
Why Yale Keeps Beating Harvard in the Endowment Game
David Swensen, who has led Yale’s strong performance, says his approach should not be a model for individual investors.
As U.S. Workers Struggle With Retirement Planning, Most Yearn for Advice: Transamerica
Baby boomers, Gen Xers and millennials face separate but significant challenges when it comes to saving for retirement.