Research shows financial advisors are relucant to raise their prices for the services they offer, particularly after the 2008 crash damaged so many portfolios. But firms that review their pricing each year tend to have higher profitability per...
When an FA breaks away from his full-service broker/dealer to move to an independent firm, it is the ultimate test of client loyalty. And potential breakaways have gotten more confident that they'll hold onto client assets versus two years ago...
Understanding today's affluent investor remains a hot topic for advisors. We see this by the ongoing stream of questions we get about our affluent research. This tells us that advisors are serious about retooling in order to better attract, serve...
On Tuesday Mark Tibergien, president of Pershing Advisor Solutions, asked a room of some 85 advisors representing about $30 billion in assets how many were considering mergers or acquisitions. About half the crowd raised their hands...
Four years ago, Abacus Planning Group, a 13-year old $700 million wealth management firm in Columbia, S.C., was growing at a good clip, gaining both clients and assets. But Cheryl Holland, president and founder of the firm, and a 25-year industry...
Financial plans are considered a wise investment for households, but can they save the national economy? A survey commissioned by the Certified Financial Planner Board of Standards suggests maybe.
Women are starting to trip up the rungs of rich lists—one of the last holdouts of male economic dominance, says the Wall Street Journal's wealth report.
