Millions of investors would be dropped by their financial advisers if the U.S. Department of Labor's proposal is adopted requiring brokers who offer retirement advice to enter into "best interest" contracts, the head of Raymond James Financial said Thursday....More
Private equity firm Lightyear Capital LLC said on Tuesday it bought a majority stake in the independent U.S. Midwestern firm Wealth Enhancement Group as Lightyear seeks another windfall good investment in the wealth management market....More
RIAs need to view technology as an investment, not a cost, according to the RIA in a Box Compliance Blog. And those firms that are aggressive in adopting new technologies are also the ones that grow the fastest....More
The women on WealthManagement.com's Top 25 Women RIAs list are more than just advisors, of course. They are entrepreneurs, owning at least 25 percent of some of the largest RIAs around the United States.
In this 3rd and final session of our Social Security webinar series, we will cover the under-served markets for divorced and survivor benefits, where there are special benefits that so many people miss out on....More
Rising Federal tax bills are prompting many Florida investors to take a new look at adding tax-free income from municipal bonds to their portfolios–but low interest rates and headlines about credit risks from issuers like Detroit and Puerto Rico mean advisors need to be more careful about their recommendations in this once-sleep market....More
These articles from the Investments & Wealth Monitor focus on what’s ahead for the new normal, investment management in the new normal, and a forward-looking approach to international equity risk allocation....More
How the U.S. Federal Reserve manages its exit from emergency liquidity programs will have important implications for all asset markets and could increase volatility. Meanwhile, monetary policies are also becoming less synchronized globally....More