See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
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Many industry executives expect the trend towards fiduciary standards of advice to continue, driven by market forces if not regulatory action. Others are not so sure.
In a move the company says is motivated by sharing the benefits of scale, Charles Schwab will reduce trading costs and fees, while also eliminating minimums and introducing a new money-back guarantee.
Contrary to what some M&A reports have said, wealth management deals slowed in 2016, as many acquirers took a breather, according to a new Fidelity report.
Reflecting on SEC Chair White's focus on advisors, Ponzie scheme uncovered involving Hamilton tickets and Will Danoff to manage Fidelity Insights Class Fund.
It would be a mistake to assume that most individual investors today are out of equities. Instead, small investors adapted rather well to the new market reality.