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...
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...
Markets buoyed business for financial advisors last year, but the rally masked underlying issues such as declining client retention, lower fees and an aging client base.
While last year was a profitable one for advisors, it would be a “mista...
More and more retirement plan sponsors are making simpler for investors to participate, with many more adding automatic enrollment features and automatic contribution increases, according to Merrill Lynch’s recent 401(k) Wellness Report Card...
Financial advisors tend to be better off than their parents, making about 8 percent more than them in adulthood, according to a recent analysis by NPR.
The news outlet’s “Planet Money” blog looked at government data for the same group of people ...
A $1.2 billion advisor team walked away from Morgan Stanley for Lebenthal Wealth Advisors on Tuesday, saying they wanted to take advantage of an unconflicted service model and more advanced technology. ...
The vast majority, 60 percent, of advisors manages at least one retirement plan. Yet 91 percent of registered investment advisors are only “accommodating,” rather than actively growing, that segment of the business, according to a new...
The CFP Board announced Thursday it’s getting more involved in expanding the intellectual heft of the advisory profession, even as it trims down its time-intensive examination process...
