A total of 40 M&A deals, representing $30 billion in assets under management acquired, were completed in the RIA channel in the first half of 2010. That’s the strongest first half on record in terms of deal volume, according to Schwab...
In a poll of wealthy Americans conducted for the Affluent Insights Quarterly report by Merrill Lynch Wealth Management, released today, 52 percent of young investors, age 18 to 34, said they had low tolerance for risk. It was the second-highest...
The man who led the overtime wage battle against wirehouses (and won millions for reps) is now making the argument against the largest independent broker/dealer in the nation, LPL.
Morgan Stanley said today in its earnings report that it is making “continued progress” on its integration with Smith Barney, but declines in assets and headcount suggest it may be feeling the pain of client and advisor departures...
Edward Jones topped annual investor satisfaction rankings compiled by J.D. Power and Associates for the second consecutive year, with RBC Wealth Management a close second, according to the study released yesterday. (See how they rated.) Overall...
UBS Wealth Management Americas has launched a newly-created unit known as wealth planning and investment strategies, according to an internal memo at the firm.
Over the years, we’ve offered expert advice to financial advisors with business problems to solve in the Fix My Business column. We thought it was time to check back in with some of the advisors we counseled to see how they fared.
