The industry continues to struggle to attract young, talented advisors, especially on the independent side. But the FAs here, who all carry the CFP designation, are the exception. These up-and-coming advisors have built solid practices from a...
Resistance is futile.
Advisors have moved past the denial stage, and are realizing the dominance of digital advice. Nine in 10 RIAs believe robo advisors will become more prevalent in financial services over the next two years, according t...
Feb 26 The Financial Industry Regulatory Authority's board of governors has approved a plan that would require brokerage firms to disclose how much they mark up the price of most bonds they sell to retail customers, the Wall Street watchdog...
The money man.
Former Heisman Trophy winner and NFL running back Eddie George announced that he plans to open an advisory firm called Edward N. George Wealth Management to help young professional athletes with their finances. “When I came...
MetLife is in discussions to sell its U.S. advisor force to MassMutual Financial Group, the company announced Thursday morning. No timetable has been set for an agreement, MassMutual said in a statement. MetLife has 4,000 advisors, according to...
Follow the money. | Copyright Lintao Zhang, Getty Images
Beijing has sneaked past New York City as the home of the most billionaires, according to Shanghai-based magazine Hurun. Based on Jan. 15 stock prices, there are now 100 billionaires...
For advisors who sell products with trailing commission payments, such the sale of an annuity in an individual retirement account, their ongoing compensation may be subject to forfeiture under the Department of Labor’s (DOL) upcoming...
Be careful.
It’s Tax Relief Week at Morningstar.com, and the fund research group is running a series of in-depth articles on savvy tax-saving strategies for investors—and a good reminder for advisors as well. The lineup recently included Mornings...
