SEC to Take Up Long-Awaited Accredited Investor Definition Changes
By Melanie WaddellAnna Pinedo, partner with Mayer Brown, expects one change will be that various FINRA broker-dealer licenses will be added regardless of net income/net worth.
August 21, 2020
Schwab's Free Planning Tool Means Advisors Must 'Think Like Sharks'Advisors need to "keep swimming or drown," Craig Iskowitz of Ezra Consulting said. "You have to offer the best service to survive."
August 20, 2020
Schwab Launches Free Financial Planning Tool"It's a brilliant move" against rivals said Gavin Spitzner of Wealth Consulting Partners, who predicts Schwab's RIA clients will have "a divided response" to it.
August 20, 2020
LPL's Burt White: Do More Than Apply 'Digital Lipstick'The BD executive gave details on coming updates and new tools for managing meetings, electronic signatures and more.
August 20, 2020
Half of Advisors Thinking of Dumping Their Firm for Better Tech: SurveyNearly 8 in 10 advisors said in a Broadridge survey that they'd lost business due to inadequate technology.
August 20, 2020
Fidelity Partners With Amazon on Quantum Computing: Tech RoundupAlso, AssetMark launches eService Team to help advisors.
August 20, 2020
LPL Pledges $1B to Put Advisors on Growth 'Superhighway'The broker-dealer wants its advice business to work more like Amazon, Netflix and eBay to outperform "institutional" rivals like Schwab, says CEO Dan Arnold.
August 19, 2020
Why It's Time to See Your Business as an InvestmentThis focus creates a growth mindset and emphasizes solutions that ground the advisory firms in returns, not on spending money to fix problems.