This time of year, Charles Zhang, an independent advisor with Zhang Financial, is typically bombarded with holiday gifts from mutual fund wholesalers. But that’s not the case this season. According to Zhang, the Christmas gifts as well as...
While most clients say they are ready and willing to provide a referral for their financial advisors, a lot of them are not actually following through on it, according to a recent report released by Advisor Impact, Charles Schwab Advisor Services...
Ria firms are beginning to see some recovery in revenue, but profit margins haven't picked up. Firms are turning to technology for new efficiencies as they look for growth.
Generation X/Y investors are more likely to be dissatisfied with their advisory relationships than older generations, according to a survey by MFS Investment Management. Cost is the main reason Gen X and Y are not in love with their advisors, with...
Ultra-high-net-worth investors are relatively sophisticated; at least, they sure think they are. Spectrem Group recently surveyed more than 100 households with net worth of $25 million or more, and 46 percent agreed with the statement, I can do a...
Merrill Edge is a serious challenge to the online brokerage powerhouses such as Charles Schwab and Fidelity Investments, as well as to independent and regional broker dealers, according to a new report from Aite Group. The report also suggests...
Financial advisors have been afraid of using social media for fear of invoking the wrath of their compliance department. They shouldn't be, since use of social media is correlated to higher assets under management
The ultra-high-net-worth market is drawing greater interest from financial advisors, who flocked to the Investment Management Consultants Association (IMCA) annual Advanced Wealth Management Conference in San Francisco this week.
