Minneapolis—“Well, we’re into that time of year where everyone’s focus is getting out on the lakes,” Ken said. “My challenge is getting everyone, especially my partner, focused on their job while they’re in the office—I don’t care what they do on...
Average profits surged 45 percent last year among registered investment advisors surveyed in Charles Schwab’s annual benchmarking study, but don’t look for a repeat of this year, says Bernie Clark, the head of Schwab Advisor Services...
The first domino in this cascade of disaster fell on Sept. 17, 2008, when an unidentified Merrill Lynch registered representative received an email customer complaint. It said that the representative had entered an unauthorized order for Fannie...
It's high time to recognize the hard work of today's financial advisors over the past couple of years in rebuilding the bridges that were so badly damaged, if not destroyed, by our financial tsunami. The bridges I'm referring to are those bridges...
Buyers of RIAs are increasingly other RIAs, instead of larger roll-up operations that once were prominent players in M&A activity, according to Real Deals 2010, a report by Pershing Advisor Solutions and FA Insight.
Clients that have just come into new money—bequests, lottery jackpots, lawsuit settlements, among others—can provide a challenge for financial planners, but it’s up to advisors to anchor these clients and keep them stable, said...
Advisors should be doing some extra hand-holding this summer as we wait to see how the country’s debt crisis will play out, said David Gergen, senior political analyst at CNN, during his keynote presentation at NAPFA’s National...
Younger advisors are going to play a more integral role in the industry going forward, as $18 trillion in assets is set to move from the Baby Boomer generation to Generations X and Y from 2017 to 2052, said Tom Bradley, president of TD Ameritrade...
NAPFA, a trade organization for fee-only advisors, hopes to become the recognized leader in support and business development to the financial planning profession by 2020, and the organization has launched a new branding campaign to reflect that...
