The number of millionaires in the world
jumped 9.2 percent to 12 million last year, in part because of
simultaneous strength in the stock, bond and real estate
markets, according to a study of the high-net-worth population....More
Traders are nervous as Wall
Street waits for the Federal Reserve to reveal its next
quantitative easing move. Last week marked the third week out of
the last four in which major indexes turned negative....More
Target-date funds saw 20
percent growth in assets last year as more companies encouraged
employees to funnel money into these all-in-one retirement
vehicles, according to data released on Tuesday by BrightScope,
a 401(k) data provider....More
WealthManagement.com has teamed up with Brad Zigler to create the "Alternative Insights e-Letter," a premium newsletter covering the world of alternative investments (AI) -- hedge funds and exchange-traded products (ETPs) -- from the advisor's perspective.
I'm at EJ now in my 3rd year. I'm in a difficult market for EJ and I'm a true scratch starter. I'm above expectations, but getting tired of hunting money. I'm considering going to work at Wells Fargo, who has a huge presence in my town. The postion would be a bank advisor (WBS) and to me this sounds like a "piece of cake" after being at EJ. Am I clueless or is the grass really greener? If you're at WF or at another bank, please give me your thoughts. ...More
Hello, I am currently in the process of setting up my own FA firm. Actually it is a financial service firm including bookkeeping and budgeting services with financial planning as well. My business model is to be a flat fee to review portfolios, make suggestions & assist client with paperwork etc . I do not want to actually manage the investments which I feel allows me to recommend low expense products such as index funds etc.. My clientele will be the small accounts that every other FA would not want....More
The Most 'Liked' Brokerage in the U.S.
Check out which firms are the most (and least) popular on Facebook.
Thirty-two members of Congress from minority caucuses have sent a letter to the Department of Labor, arguing that the agency's fiduciary proposal could disadvantage their constituents and limit minority access to financial advisors....More
Over the past decade, a tremendous amount of pressure has been laid on the shoulders of the small broker-dealers of the securities industry. Like the iconic Willy Loman in Arthur Miller’s Death of a Salesman, these small and/or independent brokerages are allotted a significantly shorter leash than they have been in years past......More