Colleges Feeling the Pressure of High Tuition
But a possible solution under consideration by a national association for private nonprofit schools could reduce financial aid based on merit.
Wells Fargo Says It May Find ‘Significantly’ More Fake Accounts
The bank boosts its estimate of possible legal losses by $1.3 billion and discloses a CFPB probe into freezing of accounts.
Cappex.com Launches Free Multi-College Application Platform
Students can apply to multiple participating colleges at no cost.
Vanguard Puts Rival Firms on Notice: Fee Wars Will Only Heat Up
Fund giant will continue pushing fees down as it grows: “We’re going to do it across every product,” incoming CEO says.
Why Advisors Need to Be Working With Gen X: The Worried Generation
A Scottrade study found that 83% of Gen Xers say they are likely to seek professional advice about retirement planning.
LPL Shares Q2 Recruiting Update, Sees Less DOL-Related Uncertainty
CEO Dan Arnold discusses why the independent broker-dealer is upbeat on its recruiting pipeline for the rest of the year.
LPL Launching Robo-Advisor This Month
The digital platform, Guided Wealth Portfolios, already has $14 million in assets and more than 700 clients.
Two Ways LPL Plans to Innovate: New Mobile App, Virtual Assistants
At its Focus conference, CEO Dan Arnold shares details about a mobile app for clients and the IBD's experiments with “Uberization.”
Peter Mallouk Wants a Few Good Advisors, With No Assets
Peter Mallouk, president of Creative Planning, tells ThinkAdvisor what he looks for in his wealth managers — and why brokers need not apply.
Fidelity Trims Index Fund Fees, Challenging Vanguard
The firm cuts total expenses by nearly 10 basis points in move to capture more passive-investor assets.