See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
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President Barack Obama threw his support behind the Department of Labor’s proposed fiduciary rule Monday afternoon, saying new uniform rules are needed to ensure financial advisers always act with their clients' best interest in mind...
You're looking at him. | OSTILL/iStock/Thinktock
While advisors and their clients may look closely at oil prices, interest rates or what’s happening in Greece to have a big impact on their portfolios, the biggest threat to an investment port...
The U.S. Securities and Exchange Commission had an "unprecedented year" in enforcement actions, both in the number of cases and subject matter, Chair Mary Jo White said Friday...
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Clients would have to be crazy not to work with a CFP professional, right? Even the most extreme daredevils wouldn’t trust a non-CFP. At least that’s the message of a new advertising campaign by the CFP Board. The organization’s n...
NBA Hall of Famer Charles Barkley revealed on CNBC’s Closing Bell program last week that he invests with Raymond James Financial Services. Barkley says he works with Birmingham, Ala.-based advisor Glenn Guthrie. “I’ve been with him for 27 years...
It looks like a wirehouse, it acts like a wirehouse, but it's not a wirehouse. | Robert Churchill/iStock/Thinkstock
Sure, the number of financial advisors is on the decline. But according to The Economist, it's the brokerages, rebranded as w...
Who's calling the Series 65 easy? | nPine/Thinkstock
Colorado-based financial planner James Osborne of Bason Asset Management suggests it is too easy to become an affiliate of a Registered Investment Advisor. That’s the downside of the shift...
Wirehouses still dominate the advisory market, but registered investment advisors and dually registered channels are gaining ground. According to estimates from Cerulli Associates, RIAs will increase marketshare to 28 percent by 2018 after having...