Wealth Management industry news covering the financial markets, trends and wealth professionals.
Stay up to date with Wealth Management news and trends through our free Morning Memo e-newsletter. Join today.
With the Department of Labor (DOL) Fiduciary Rule now official, the mood in the industry has progressed from anticipation to “analysis paralysis.” With this new fiduciary standard comes a litany of challenges such as: examining fees and compensat...
Not any old quarter.
A rare quarter minted in 1970 recently sold for $35,000 on online auction site eBay, ABC News is reporting. The quarter was one of a batch made in 1970 that includes a faint misprint on the backside. The batch was printed ...
David P. Wiener, a long-time UBS advisor, will join Dynasty Financial Partners, the firm announced. Wiener will serve as Senior Vice President, Director of Network Development – Western Division for the firm...
They have new neighbors. | Copyright Alex Wong, Getty Images
LPL Financial has opened an office in Washington, D.C., for its government relations team to advocate on issues related to the financial services industry. The team regularly engages...
Private wealth in North America grew a measly 2 percent to $60 trillion in 2015, down from a growth rate of 6 percent in 2014, according to Boston Consulting Group’s Global Wealth 2016: Navigating the New Client Landscape report. One reason for t...
It's getting better. | shironosov/iStock/Thinkstock
The wealth management industry is increasingly hospitable to women, and more females are finding jobs in the profession. According to a Cerulli study cited by Barron’s, 28 percent of rookie a...