See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
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RCS Capital’s purchase of Cetera Financial on Thursday makes the relatively new Schorsch company the industry’s second-largest independent broker/dealer network by headcount.
The Cetera merger brought RCS Capital's advisors headcount on its reta...
SIFMA’s new CEO and President Ken Bentsen called out the Financial Stability Oversight Council, saying the group charged with facilitating coordination and communication between government financial agencies is not going far enough...
Every broker/dealer describes itself as “advisor centric.” It has, in fact, become a cliché. If you ask a brokerage executive to explain what makes his firm different, he will say that he views his affiliated FA as a &ldquo...
Wealthy LGBT investors take a more conservative approach to investing and are less diversified than non-LGBT investors, according to a new study by Spectrem Group. LGBT investors have 15 percent of their assets in stocks and bonds and 13 percent ...
Asset managers are dialing back on new product development this year and instead focusing on products launched in the last couple years. Forty-six percent of managers plan to roll out one to three new products in the next year, compared to 13 per...
While Hispanic and African American adults say it’s in the best interest of financial advisory firms to hire more minority advisors, they are less concerned that their own personal advisor be the same ethnicity or race, according to a new survey...
It’s often easy to make New Year’s resolutions, but much harder to keep them once the ball drops. As January approaches, many advisors are thinking about what they want to accomplish in the New Year...
