Merrill Lynch launches ad campaign featuring its commitment to the DOL rule, Millennials are too cash-strapped to buy a home and Strategic Insight acquires BrightScope.
DOL rule, other challenges are fueling the increase in asset management mergers, college students who lose their financial aid are more likely to drop out and don't bring ashes to the opera.
IBDs and RIAs are gobbling up new assets, Cetera is putting out its own technology tool for DOL rule compliance and Orion is launching an interactive training course.
Department of Labor releases its first wave of FAQs on the fiduciary rule, baby boomers seek more advice from advisors than millennials and CentSai launches experts section.
Britain’s surprise vote in favor of leaving the European Union caught markets off guard. Here, a round-up of the best commentary from asset managers on the implications of the move.
The firm’s parent company RCAP officially emerged from bankruptcy this week, with an infusion of fresh capital, a former LPL exec on the board and a new name.