Advisor Aims to Facebook His Way to $10B in Assets
By Gil WeinreichJames McDonald is using 100% ETF portfolios to lower costs and improve securities selection while riding the social media wave to reach large audiences.
January 21, 2014
43% of Advisors Older Than 55: CerulliThe independent channels are most at risk because they have the oldest advisors on average, says a Cerulli associate director.
January 21, 2014
TD Ameritrade Posts 30% Increase in Q1 Earnings on Record RevenueCompany records $14.5 billion in net new client assets for first quarter of FY 2014; EPS up 30% year over year.
January 17, 2014
Did CFP Board Shorten Exams to Lure Certificants?CFP Board maintains it wasnt making the exam easier; the gut response of the community seems to disagree," says Michael Kitces.
January 17, 2014
Top 3 Issues Advisors Will Face in 2014, Part 2: The Fiduciary IssueResolution of the fiduciary rulemaking by DOL and the SEC is possible, but more definite is an increase in RIA exams.
January 16, 2014
Schwab Earnings Up 51% in Q4 on Record $2.25 Trillion in AssetsNet income of $1.1 billion for full year is most since 2008; RIAs managing $946 billion in assets.
January 16, 2014
New Hire Roundup: Craig Gordon Leaves RBC WealthIn addition, Hamilton Insurance named Sandy Weill chairman.
January 15, 2014
What Do Young Near-Millionaires Need? Advice. What Don’t They Have? Advisors.Emerging millionaires may be risk-averse to a fault and lack financial plans. Less than half have an advisor, Fidelity found.