See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
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It turns out advisors are more far complacent than their clients.
As plan sponsors and retirement committees get more sophisticated, they have plenty of opportunities to change advisory relationships, according to a sponsor study done by marke...
The Department of Labor’s fiduciary rule could lead to more firms merging or getting acquired in 2016.
A new report from Fidelity Investments tracked M&A transactions in the wealth management industry in 2015 as well as the first month of 2016...
Hundreds of retirement plan advisors met in Nashville Sunday for the National Association of Plan Advisors’ (NAPA) annual conference, just weeks after the Department of Labor released its final version of new fiduciary rules that will dramaticall...
Larry likes it. | Copyright Mat Szwajkos, Getty Images
Larry Fink, CEO of BlackRock, the largest money management firm in the world with $4.6 trillion in assets, had nothing but praise for the Department of Labor's new fiduciary rule for advis...
But the perks are good. | Copyright Justin Sullivan, Getty Images
You need a net worth of $6.3 million to feel “wealthy” in the San Francisco Bay Area, according to the people who live there. In order to feel just “financially comfortable...
(Bloomberg) -- BlackRock Inc., the world’s largest money manager, said first-quarter profit fell 20 percent as a global stock-market slump early in the year crimped revenue and the firm cut jobs...
No one asked him what "best interest" means.
The industry has been in a tizzy since the Department of Labor released its final rule last week mandating advisors act in the client’s best interest inside of retirement accounts. But the rule ...
A new U.S. rule protecting retirement funds from commission-paid brokers could be good for roboadvisers, a fast-growing sector that manages money with algorithms who may collect new clients fired by other firms because their accounts are too small...
