Contributions to Fidelity Charitable, the custodian and discount brokerage's donor advised fund, hit a record of nearly $2.9 billion last year, the fund says today. And the influence of financial advisors in managing their clients’ money appears...
After acquiring most of the business of Talon Asset Management in Chicago last summer, BNY Mellon is raising its profile in the Windy City by hiring someone for their wealth management business whose name is a household word in Illinois. ...
As advisors prepare new strategies for 2012, they can expect to hear broad skepticism from clients about nearly everything on the market, judging from a recent MFS Investing Sentiment Survey. ...
Losing sleep over the shape of the markets? You’re not alone. An SEI Advisor Network survey this month of 200 advisors reported that only 25 percent reporting sleeping well in 2011. ...
Advisors often recommend that their clients set up financial plans. An RIA benchmarking study by Fidelity Investments suggests advisors could use some plans of their own when it comes to managing their businesses. ...
Gen Y investors have been hammered by two market collapses in the past decade, leaving them leery of taking risk in their financial lives. A new report today by Fidelity Investments that surveys higher education employees across multiple...
David DeVoe estimates he’s advised more than 300 RIAs in his role in the mergers and acquisitions space at Schwab Advisor Services in the past eight years. Now DeVoe has quit his post as managing director, strategic business development for Schwab...
