Top 10 Wealth Management Trends for 2013
By Joyce HansonEvery year brings its own challenges, but 2013 is likely to be an exceptionally dynamic year for wealth managers, the Aite Group predicts.
January 22, 2013
Commonwealth Grabs Monarch Retirement Group From SII InvestmentsThe news comes on the heels of Commonwealths announcement that Schluchter Investment Advisors had joined the firm.
January 18, 2013
Tiburon forecast: fee-based advisors' AUM to rocket to $5.2 trillion by 2017The study projects that the number of fee-based financial advisors will reach 19,009 by 2016, up 20% since 2011; and that the number of partners at fee-based financial advisors will reach 51,878 by 2016, up 20% since 2011
January 18, 2013
Tiburon forecast: fee-based advisors' AUM to rocket to $5.2 trillion by 2017The study projects that the number of fee-based financial advisors will reach 19,009 by 2016, up 20% since 2011; and that the number of partners at fee-based financial advisors will reach 51,878 by 2016, up 20% since 2011
January 16, 2013
United Capital ‘Rolls Up’ Paragon Investment ManagementThe news follows a series of similar such announcements recently involving larger RIAs buying their smaller counterparts.
January 16, 2013
BNY Mellon Boosts Profits 23%: Q4 EarningsClearing fees at Pershing unit rise to $294 million in the period and nearly $1.2 billion for 2012
January 16, 2013
Morgan Stanley Bonus Deferment Seen as Warning ShotThe plan does not affect financial advisors this year, but could be a sign of things to come industrywide, experts say.
January 16, 2013
Dually registered advisors saw fastest asset growthAssets under their management grew by 19.1 percent in 2012, compared to 14.7 percent for RIA-only advisors.