With more than 3,500 hits on YouTube, it’s not quite a viral sensation. But a new video posted on the website by national RIA HighTower is getting some attention over its plainspoken take on the fiduciary issue.
...
RBC Wealth Management-U.S. has acquired the correspondent clearing and custody business of Mesirow Financial—50 brokerage and RIA firms with about $3.5 billion in assets under administration. ...
Today’s survey by the CFP Board of Standards examining investor attitudes covers a lot of ground that the Employee Benefit Research Institute went over in their annual retirement poll on Tuesday. Forty-nine percent of respondents told CFP they’re...
John Taft’s voice was just starting to go hoarse when I interviewed him over breakfast in Manhattan last week. The chief executive of RBC Wealth Management-U.S. had been on the road plugging his new book about Wall Street, and it was apparently...
Dually registered advisors hold just 24 percent of their assets at their broker/dealer, a recent Cerulli Associates report said. IBDs, eager to keep hybrid and RIA assets on board, are looking for ways to broaden their service offerings. ...
Understanding the rules of investing can be a daunting task for clients, but some new data by Charles Schwab released today suggests the confusion may run deeper than you’d think. ...
The latest addition to HighTower, the national registered investment advisor, took more than a year of due diligence to set up but appears to be worth the wait. ...
You can’t very well tell the IRS that their check is in the mail. But a new iPad application by Fidelity Investments allows investors to make deposits into Fidelity IRAs via the Apple tablet. Taxpayers can use the iPad camera to photograph their...
Building a book of business 20 years ago was a simple matter of coming to the office every day and pounding the telephones in the hunt for clients. By sheer dint of putting in the hours, you could create a practice. ...
