Aging Advisors: Bad News for Indies, Good News for Wirehouses
By Melanie WaddellNew research suggests that custodians and BDs who partner with independent advisors face a serious risk to their business models as advisors age.
February 21, 2014
SEC’s White: Fiduciary Rule’s Fate to Be Decided This YearThe agency this year will make a threshold decision on whether to proceed with a uniform fiduciary standard, SEC Chairwoman Mary Jo White said.
February 18, 2014
Investors Cap Grows Sales 20% but Reports LossThe IBD says expenses rose due to higher commissions and fees, as well as legal expenses tied to its merger with Nicholas Schorschs RCS Capital.
February 18, 2014
Securities America Hybrid RIA Platform Adds Sales DirectorHybrid-advisor platform Arbor Point names Jeffrey Schmaltz a sales director; a former Edward Jones rep discusses how to navigate the tough road to independence.
February 17, 2014
6 Best Financial Firms for Advisor Service: DalbarDalbar's Financial Intermediary Service Award for 2013 rates the top firms in service to financial professionals.
February 14, 2014
RIA advisors over age 55 have 33% of AUMAdvisors between the ages of 55 and 64 have the largest share of investable assets for all AUM brackets in the aggregate.
February 12, 2014
‘Latest and Greatest’ Tech Not Always Best for RIAsWhat separates high-performing RIA firms from their competition? One factor: their technology use but not in the way you might think.
February 11, 2014
LPL Beats Q4 Estimates, Drops Bank PlansThe IBD improves its net income by 20%, but its profit margin is hurt by weak cash-sweep results.