More in Opinions

  • Apr 14, 2014
    blog

    TIAA-CREF To Acquire Nuveen for $6.25B

    TIAA-CREF purchased Nuveen Investments from Madison Dearborn Partners on Monday for $6.25 billion, including outstanding debt....More
  • Apr 11, 2014
    blog

    Planning, Niches Some Common Denominators Among Sucessful FAs

    What differentiates top advisors? According to a recent Fidelity Advisor Insights study, planning and concentrating on specific client segments has a lot to do with it. High performing advisors—which Fidelity identified as those with AUM that was 75 percent higher than average advisors and double the average advisor’s compensation—earn an average of $422,000, compared to the $212,000 average advisors earn. Moreover, these successful advisors manage an average of $100 million in client assets, versus the $57 million AUM by other advisors....More
  • Apr 7, 2014
    blog

    Market Upswing Hides Underlying Business Faults

    Markets buoyed business for financial advisors last year, but the rally masked underlying issues such as declining client retention, lower fees and an aging client base....More
  • Apr 4, 2014
    blog

    XY Planning Network Opens For Young Advisors

    Young financial planners have a new network dedicated to helping them connect with NexGen clients....More
  • Apr 3, 2014
    blog

    FINRA Cases Decrease, But Fines Increase

    The number of FINRA enforcement cases aimed at financial firms may be down slightly so far this year, but the fines themsleves are on the rise....More
  • Apr 2, 2014
    blog

    Focus Partners with $600M Louisiana RIA

    Lafayette, La.-based Summit Financial partnered with Focus Financial on Wednesday, making the $600 million firm the ninth transaction for Focus this year....More
  • Apr 2, 2014
    blog

    Retirement Plans See Progress as Investors Increase Contributions

    More and more retirement plan sponsors are making simpler for investors to participate, with many more adding automatic enrollment features and automatic contribution increases....More
  • Apr 1, 2014
    blog

    IBD Advisors Oldest in Industry

    While many think of wirehouse advisors as old and stodgy, the IBD channel actually employs the oldest guys in the business....More
  • Mar 31, 2014
    blog

    Advisors Make More Than Their Parents

    Financial advisors tend to be better off than their parents, making about 8 percent more than them in adulthood, according to a recent analysis by NPR....More
  • Mar 31, 2014
    blog

    No ‘Get-Out-of-Jail-Free’ Card for Financial Firms

    Manhattan U.S. Attorney Preet Bharara put financial companies on notice Monday, saying he will hold institutions, not just individuals, accountable for crime—no matter how big the firm's reach....More
  • Mar 26, 2014
    blog

    Could One Cyber Threat Take Down Your Practice?

    Target will live. But one data breach could bring down an investment advisor practice, speakers said during an SEC roundtable. Are small RIAs being left out in the cold?...More
  • Mar 25, 2014
    blog

    HighTower Chief: Robo-Advisors Will Weed Out the Posers

    In a piece on LinkedIn on the state of financial services, HighTower CEO Elliot Weissbluth says the robo-advisor trend will disrupt the industry and weed out “mediocre advisors.” Watch your back....More
  • Mar 25, 2014
    blog

    Lebenthal Snags $1.2B Team From Morgan Stanley

    Lebenthal Wealth Advisors brought onboard a $1.2 billion advisor team w from Morgan Stanley on Tuesday....More
  • Mar 21, 2014
    Commentary

    Advisors On the Move: Spring Thaw Inspires Change

    Raymond James continues its recruiting blitz while Wells Fargo Advisors and Janney pick up several advisors. Retirement Benefits Group also brought onboard a new wealth advisor in California....More
  • Mar 20, 2014
    blog

    Go Big or Go Home

    Almost two out of three advisors are managing at least one retirement plan, but recent findings from Fidelity find that dabbling in this space may not be the best business strategy....More
  • Mar 13, 2014
    blog

    CFP Seeks to Elevate Profession with Academic Center, Journal

    The CFP Board announced Thursday it’s getting more involved in expanding the intellectual heft of the advisory profession, even as it trims down its time-intensive examination process....More
  • Mar 7, 2014
    blog

    Advisors on the Move: No Winter Blues Here

    Lots of advisors making moves as the warmer weather starts to move in. NFP, Cambridge and J.P Morgan Securities picked up advisors on the IBD side of the aisle, while several firms—including a Dynasty partner firm, Cantor Fitzgerald and two Focus Financial firms—made acquisitions of entire firms....More
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