Young Professionals
Young professionals represent the future of the financial advice business. Read the latest news concerning tomorrow's industry leaders.
Investing Platform Motif to Shut Down
By Janet LevauxThe firm, led by Hardeep Walia, says client accounts will be moved to Folio Investing.
April 17, 2020
Wells Fargo Cuts Fee, Minimum for Its Robo-Advisory ServiceWells Fargo's digital offering now has one of the lowest minimums to qualify for advice from a human advisor.
April 16, 2020
XY Planning Network Offers Virtual InternshipsThe program is intended to help CFP students whose internships were canceled as a result of the coronavirus crisis.
April 16, 2020
Merrill Freezes Recruiting, Relaxes Performance HurdleSome 700 advisor trainees have been given temporary assignments elsewhere in the bank, an executive says.
April 16, 2020
Schwab Signs Data Deals With Envestnet, eMoney, IntuitSchwab becomes the third major U.S. financial firm to sign a data deal with Envestnet | Yodlee in the past eight months.
April 15, 2020
4 Ways to Build Your Firm's Culture — RemotelyDespite today's turbulence, it's a good time to create goodwill and loyalty within your team by taking the right approach.
April 15, 2020
Schwab Profits Fall 18% on COVID-19 Costs, Weaker Net InterestThe brokerage firm says it spent $37 million in its acquisition efforts, including USAA and TD Ameritrade.
April 15, 2020
BofA Profits Drop 45% on COVID-19 IssuesThe wealth unit, which includes Merrill Lynch, saw its net income weaken 17% from the first quarter of 2019.