Usually the big donations by high-net-worth investors don’t start until November or December, when they begin positioning themselves for the following spring tax season. That seems to be changing, according to data from Fidelity Charitable, the...
The registered investment advisor market is expanding, which makes it attractive to growth-minded asset management firms, but the fragmented nature of the RIA channel is also a challenge, my colleague Diana Britton reports here at Registered Rep...
Three Morgan Stanley Smith Barney advisors in the Washington, D.C. area with AUM of $700 million have joined HighTower Advisors, the fifth recruiting deal that the Chicago-based wealth management firm has announced this year. ...
Today’s report by the Government Accountability Office on the use of annuities to keep people solvent in retirement is no ringing endorsement of the practice. But the report is likely to provide more traction for insurers who are lobbying in...
Barely more than a week into the season, and advisors and investors alike appear to be in a summer rut, judging from attitude surveys released this week. ...
“Have you been asking your clients to get naked on the first date?” is the provocative question raised in today’s posting in Michael Kitces’ thoughtful financial planning blog, “Nerd’s Eye View.” ...
Fee-laden variable annuities appear to be making some inroads among RIAs, but the independent broker/dealer channel is still where more selling is expected to go on, according to survey data released this week by the Insured Retirement Institute...
Charles Schwab is promoting its new franchise for advisors who are looking to work with investors under the Schwab name. But the plan drew some skepticism at a conference call with CEO Walt Bettinger in April, and now more critics are emerging in...
