Industry

There’s a 58 percent chance that financial advisors will be “bot-sourced,” that their jobs will be replaced by a robot or computer, according to a recent Oxford study...

Recent financial planning graduates of CFP-Board registered programs can now refer to themselves as “CFP candidates,” a rule change aimed at boosting completion levels of the designation among young advisors entering the industry. ...

More schools are offering degrees in financial planning, but getting students on board is still an issue.

Industry coaches are always stressing the power of referrals. And true, passive referrals from existing clients was the top marketing method for attracting new clients in 2013, according to WealthManagement.com’s AdvisorBenchmarking RIA...

Grants awarded for new degree program at Texas A&M, new training lab at University of Georgia

Merrill Lynch introduced a new training program on Monday aimed at building trainees into current advisor teams. In letter sent out to all 13,845 Merrill advisors on Monday, the firm announced the Team Financial Advisor (TFA) program, an alterna...

Boston Private Bank, a subsidiary of Boston Private Financial Holdings, on Wednesday acquired Florida-based Banyan Partners in a $60 million cash and stock deal...

Nearly a third of advisors plan to buy another practice in the next one to five years

A senior official with the Securities Exchange Commission told Congress Thursday the regulator may not have sufficient data to move ahead on fiduciary rulemaking, but industry groups aren’t buying it...

More than half of LGBT investors say they would value advice on wills and estate plans