Benefitting from faster access to the markets is akin to buying a first-class plane ticket, and doesn’t sound unfair, said the top cop at Wall Street regulator FINRA.
Speaking on a panel at a conference sponsored by the Practicing Law Institute ...
LPL Financial is interested in buying a broker/dealer and looking vigilantly for possible acquisition targets, said Chairman and CEO Mark Casady on the firm’s first quarter earnings call Wednesday...
If the financial services industry is serious about engaging more women as advisors, there’s a lot more work to be done. Not only are there serious misconceptions and barriers still in place, a new study by the CFP Board reports less than a...
Many advisors who grew up in this industry were taught to look at asset allocation in a pretty standard way: What’s the client’s risk tolerance? And based on that, how much exposure should they have to stocks? To bonds? Should we mix in some less...
The recently launched XY Planning Network—an organization young financial planners who work with Next Gen clients—is exploring a partnership with Betterment Institutional, the online investment platform’s turnkey asset management program designed...
Many pooh-pooh the idea that online advice platforms will pose any major threat to the financial advisor industry. Yet the rise of the robo-advisors continues. Today, online advice platforms Betterment and LearnVest announced new rounds of funding...
In a move bolstering its mutual fund offerings and distribution network, TIAA-CREF purchased Nuveen Investments from Madison Dearborn Partners on Monday for $6.25 billion, including outstanding debt...
Breakaway advisors are expected to increase the independent channels’ market share by 38 percent through 2016, according to Cerulli Associates...
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...
