If You’re an Asset Manager Embracing Change, the Future Is Bright: Cerulli
The traditional distribution model is changing and managers must find ways to stay relevant, according to Cerulli.
Merrill vs Morgan: Q2 Earnings, Wealth Results
The two wirehouses share their advisor tallies, profits, fee-based assets and more in their latest reports.
Ultra-Wealthy Investors Boost Real Estate Holdings: Tiger 21
Tiger 21 members’ disaffection sent hedge fund allocations to a record low in the second quarter, the elite investing network reported.
Betterment Launches SRI Portfolio Strategy; Wealthfront Planning One
Both robo-advisors say the strategies are a direct response to growing demand from clients.
Best Countries for Citizenship by Investment
The CBI Index ranked 12 countries’ citizenship by investment programs to find the fastest, cheapest areas to establish dual citizenship.
How American Families Pay for College: 2017
Sallie Mae’s 10th survey of parents and children shows that parents are saving less and students are borrowing more.
States Dumping Estate Taxes, but Beware Those That Haven’t
A new report from the Tax Foundation shows which states still impose estate and/or inheritance taxes and their exemptions.
FINRA Fines Edward Jones for Supervisory Failures
The broker-dealer issued some 52 million client reports without required supervision, the regulator says.
BlackRock Keeps Getting Bigger but Misses Sales Estimates
Rakes in a record $74 billion for exchange-traded funds; but overall revenue fails to meet analysts’ expectations.
Middle-Income Americans Desperately Need Financial Advice: Financial Finesse
Cynthia Meyer, a financial planner at Financial Finesse, tells ThinkAdvisor about profitable ways to serve investors who don't qualify as high-net-worth.