Commonwealth CEO Upbeat on DOL Fiduciary, ‘RIA-zation’
Wayne Bloom and other execs highlight the growth of the firm’s indie advisors at a national event in San Diego.
TD Ameritrade Is Nearly Tripling Its Commission-Free ETF Offerings
The expanded platform includes products from eight ETF providers, such as iShares and State Street.
What Bank Investors Learned From JPMorgan, Citigroup Results
Start of earnings season showed trading revenue was muted; JPMorgan had better lending margins, Citigroup cut expense.
5 Takeaways From BofA, Wells Fargo Q3 Earnings
Consumer lending shows cracks on the second day of earnings season; the four largest U.S. banks cut their combined workforce after a pause.
Wells Fargo Hit by Surprise Charge From Pre-Crisis Mortgages
The bank takes a $1 billion charge for a pre-crisis mortgage probe; the surprise charge adds to headaches from the fake-accounts episode.
Families Saving More for College but Underestimating Costs: Fidelity
Fidelity's College Savings IQ survey also found that more families are using 529 college savings plans but many don't understand all the advantages.
HighTower Nabs $500M JPMorgan Team, $230M Merrill Rep: Recruiting Roundup
Also, Wells Fargo attracts two Morgan Stanley reps with $370 million; Cetera adds new bank client with $225 million.
Raymond James to Grab $5B Clearing Client From Pershing
It also recruited a husband-and-wife team from Merrill Lynch with some $160 million in assets.
RBC Taps New Wealth Consulting Chief
Nate Angelo comes on board one week after the wealth firm tapped a new head of recruiting.
Krawcheck’s Ellevest Expands Into Financial Planning (and They’re Hiring)
CEO Sallie Krawcheck tells ThinkAdvisor about Ellevest’s expansion plans, what it offers women that other robos don't and why it doesn't ask about risk tolerance.