Why do people hire financial advisers? The answer might surprise you. Sometimes they are merely looking for someone to pull the trigger for them when they’re too shell-shocked to invest for themselves. Other times it’s a scapegoat thing - when...

Focus Financial Partners’ pockets just got a lot deeper. A consortium of banks approved a credit facility of up to $320 million for the New York City-based registered investment advisor aggregator, almost double the size of its previous...

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Mantras about investing are common and, quite often, dead wrong. Here are five that most clients believe, but shouldn’t, and how to gently break the news.

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Japan, it may surprise you to learn, has the highest level of government debt to GDP of any country—at 250 percent. That’s higher than government debt ratios in Greece, Spain, Italy or Ireland. Brett Gallagher, MBA, of Artio Global Management, a...

A top institutional and family wealth advisor from Morgan Stanley Smith Barney has joined HighTower, the Chicago-based national registered investment advisor, providing the RIA with a foothold in the Southwest. James Pupillo, 54, managed $2.5...

A majority of advisors are marketing themselves as financial “planners,” even though they really don’t provide comprehensive planning services, according to a recent Cerulli Associates report. By adopting the nomenclature, they are hoping they can...

Margin pressure, upheaval in advisory business models, lack of certainty in the market – most of the current trends in the wealth management industry can be traced back to the global financial crisis in 2008. Three years after the world fell apart...