Many financial advisors fail to consistently provide their affluent clients with the high level of service that they claim to offer. Advisors who take the concept of “client experience” seriously develop what I refer to as a client...
A Financial Industry Regulatory Authority arbitration panel ruled Tuesday that Merrill must pay $10 million to two brokers, Meri Ramazio and Tamara Smolchek, for preventing them from collecting deferred compensation when they left after Bank of...
American Funds, which has notoriously and historically been media-shy, is now trying to change that, at least with advisor-facing publications. And there’s good reason for the change.
Critics of a fiduciary standard for stockbrokers beware: A recent study released in early March suggests that application of a fiduciary standard to the broker/dealer model wouldn’t have the terrible...
Innovation is a constant in the world of investing. New spins on old ideas are forever being dreamt up by product departments most of them are meant to make lots of money for the people who sell them and the investors who buy them. Not all of them...
Niches are beautiful As markets change and the financial advisory industry demands new services, advisor teams that have the right skills and are paying attention can position themselves as the next go-to practice. There's this push for...
RIA aggregator Concert Advisor Services has launched a new hybrid platform, Concert Advisors, and partnered with independent broker/dealer LPL Financial to provide brokerage and custody services.