The Financial Services Institute has more than doubled its advisor membership from 15,000 in 2011 to 34,000 today. Many firms are subsidizing the cost of membership for their advisors, the institute says, and it reflects the fact that advisory...
The hottest trend in wealth management this year will be business development. This is unfortunate, because a lot of wealth management firms are terrible at developing business.
It will be tough this year to squeeze more revenue from existing as...
Contributions to Fidelity Charitable, the custodian and discount brokerage’s donor advised fund, hit a record of nearly $2.9 billion last year, the fund says. And the influence of financial advisors in managing their clients’ money appears to be...
Much of the talk at the Financial Services Institute’s OneVoice 2012 conference in Orlando is about the challenge independent broker/dealers face by allowing advisors to have their own registered investment advisor. During a Tuesday panel session...
When families start looking to pay for college, some put their hopes in private scholarships – there are an estimated 1.5 million private scholarships out there, though how many are awarded annually is difficult to track. But only in a handful of...
A top institutional and family wealth advisor from Morgan Stanley Smith Barney has joined HighTower, the Chicago-based national registered investment advisor, providing the RIA with a foothold in the Southwest. James Pupillo, 54, managed $2.5...
