“Do yourself a favor: Go open a digital advice account,” Scott Welch, chief investment strategist at Dynasty Financial Partners, challenged advisors at IMCA’s (Investment Management Consultants Association) annual conference in Orlando, Fla., on ...
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) -- Billionaire Steven Cohen has a way to raise money from outside investors prior to 2018, the year he can resume running hedge funds under a January settlement with the U.S. Securities and Exchange Commission...
Investment banking and wealth management are seen as distinct businesses within financial services, but there is more crossover than you might think. Simon Smiles, managing director and chief investment office for ultra-high net worth at UBS ...
