TD Ameritrade Net New Assets: Up 30% vs. Last Year
By Janet LevauxThe average fee-based balance for the April-June quarter was $62.4 billion, up from $59 billion a year ago and $59.5 billion in the previous quarter, online-broker TD Ameritrade reported
July 19, 2010
Broadridge Introduces Data Transparency Tool for ETF ManagersMarket Intelligence, a data transparency tool that allows exchange traded fund managers to see how financial advisors are using ETF products, has been launched by Broadridge Financial Solutions Inc.
July 19, 2010
The Problem With Showing Clients Short-Term ResultsDuring a recent client review, the performance report indicated that his trailing returns were approximately +22.0% (12 months), -1.20% (three months), and -0.10% (one month)....
July 15, 2010
A Glimmer of Job-Growth HopeOverall Employment The private sector added just 83,000 jobs according to the June employment report, which was not enough to offset the loss of some...
July 15, 2010
Time for a Transition (XI): Blogging for BusinessIn recent months, I've been about building client loyalty and share of mind with prospective clients and clients of influence, or COIs. In the May...
July 13, 2010
ByAllAccounts Survey Says 45% of Advisors Still Use Manual Data EntryNearly half of advisors recently surveyed still use manual entry of data for statements, ByAllAccounts, a Woburn, Massachusetts-based data aggregation company, said Monday, July 12.
July 12, 2010
2010 Top Wealth Managers: The Regulatory Breeze From WashingtonRegulatory uncertainty was often cited as one of "three most critical risks to your firm" by the RIAs who participated in Wealth Manager's 2010 Top Wealth Managers annual survey.
July 12, 2010
The Temptation of CommissionsWhat's the difference between a commission-based advisor and a fee-only advisor? One is selling an investment product while the other is providing advice. Say what...