Jun 7, 2011
By Stan Luxenberg
When it comes to choosing ETFs, tread carefully...
Jun 6, 2011
By John Aidan Byrne
Another wave of financial advisor defections could be just around the corner, says an Aite Group report. Switching for big signing bonuses spiked during the recent financial crisis when Wall Street’s biggest brokerages merged or were acquired. But it died down a bit after Merrill Lynch and Morgan Stanley offered their financial advisors retention packages....
Jun 6, 2011
By Diana Britton
The financial crisis and recent product blow-ups have forced firms to invest in new staff and resources, and spend more time assessing managers...
Jun 6, 2011
By Jerry Gleeson
Financial advisory firms are gearing up to do more hiring in the months to come, according to a recent Fidelity Investments survey. But adding staff this year may be trickier than just posting ads and waiting for the resumes to pour in...
Jun 3, 2011
By Diana Britton
Independent broker/dealer Harrison Douglas Inc. has filed with the Financial Industry Regulatory Authority and the Securities and Exchange Commission to terminate its registrations and close the firm, after it was “unable to pay an adverse award,” said President Douglas Schriner. ...
Jun 3, 2011
By Lauren Barack
Jun 3, 2011
How advisors at 15 firms rated their employers on a variety of subjects, including compensation, sales support, and technology...
Jun 2, 2011
By Diana Britton
Advisors are expecting the summer doldrums to kick in for the stock market and the economy over the next few months, according to Rydex|SGI’s Advisor Confidence Index...
Jun 2, 2011
By Diana Britton
With the breakaway broker debate raging, and smaller independent b/ds imploding all over the place, we launched our first Independent Broker/Dealer Report Card survey...
Jun 1, 2011
By Nate Wendler
The last decade has seen both the tech wreck and the housing bubble burst, leaving greater skepticism about financial institutions and a deeper interest in identifying “bubbles” amongst both the professional and investing public...
Jun 1, 2011
By Matt Oechsli
“My clients don’t seem to want to bring any of their friends to my client events,” Randy complained at our recent rainmaker retreat. He then proceeded to tell us about the series of small events he’s held that were great for entertaining existing clients, but not for meeting new prospects...
May 31, 2011
By Charles Paikert
The global wealth management business has climbed to record highs, but pricing continues to be an Achilles ’ heel for the industry, according to a widely anticipated new study from The Boston Consulting Group...
May 27, 2011
By Diana Britton
Independent broker/dealer Financial Advisers of America has reorganized its senior management to support the firm’s growth and allow senior executives to focus on recruiting advisors...
May 27, 2011
By Jerry Gleeson
It’s an opportunity that ultra-high-net-worth households in the United States have never seen before—the chance to give away up to $5 million over the course of their lives, tax-free. Yet a good number of them are passing it up, some wealth management experts are saying...
May 27, 2011
By Anne Field
If you run your own practice, you may not have had a real vacation in a long time...
May 26, 2011
By Diana Britton
Clients that have just come into new money—bequests, lottery jackpots, lawsuit settlements, among others—can provide a challenge for financial planners, but it’s up to advisors to anchor these clients and keep them stable, said speakers at the National Association of Personal Financial Advisors’ National Conference last week in Salt Lake City, Utah...
May 25, 2011
By Lauren Barack
Morgan Stanley is in the process of testing a pilot program that would allow its financial advisors to interact with clients and others on social media websites Twitter and LinkedIn through pre-approved public updates and private LinkedIn emails, invitations and introductions...
May 25, 2011
By Mark Miller
The political battle over Medicare's future should concern any financial adviser helping clients plan for the cost of health care in retirement...
May 25, 2011
By Lynn O’Shaughnessy
Seven things grandparents can do to help pay for college without screwing up the financial aid equation...
May 25, 2011
By Charles Paikert
As more wealth managers and multi-family offices outsource their investment decisions to third party asset managers, these assets managers are coming under greater scrutiny—and not just for their investment performance...
May 24, 2011
Nearly two-thirds of respondents (64 percent) to an online survey of investors conducted this spring by National Real Estate Investor and Marcus & Millichap plan to to boost the size of their commercial real estate portfolios over the next 12 months...
May 24, 2011
By Lauren Barack
How to protect yourself and your business...
May 23, 2011
By Jodie Papike
The payout numbers many broker/dealers advertise can be misleading. The firms often scrape quite a bit off of that number before they hand you your take-home check...
May 20, 2011
By Diana Britton
Advisors should be doing some extra hand-holding this summer as we wait to see how the country’s debt crisis will play out, said David Gergen, senior political analyst at CNN, during his keynote presentation at NAPFA’s National Conference in Salt Lake City, Utah, last week...
May 20, 2011
By Diana Britton
Fee-only advisors have a significant opportunity to go into the retirement planning business, said Gary Allen, a principal at Prudent Investor Advisors, an RIA specializing in retirement plans...
