With the proliferation of model portfolio platforms, investment management is increasingly automated, ubiquitous, and not at all the financial advisor’s job.
The requirement has been praised but might have its own consequences.
Improved technology over the past 12 years has made the independent landscape much more robust and attractive to breakaway advisors.
There have been at least six cases alleging discrimination against women at Fidelity in the last decade.
People magazine recently published photos of the “Bee Girl’s” wedding, the cost of being a family caregiver and firms with better health programs have healthier stock prices.
Less than 4 percent of firms oversee 60 percent of all assets in the channel.
The San Diego-based broker/dealer has recruited 10 offices with $2 billion in client assets from National Planning Corporation.
