Some 21% of participants are now contributing at a lower rate and 4% have stopped altogether, according to Putnam.
Two of the brokerage industry's most prominent wealth managers have dumped their wirehouse broker-dealers, instead opting to become independent registered investment advisers, with more well-known advisers perhaps soon to take the same path.
Your Silver Bullet is creating a single standard on which members can base future software projects.
Despite continued efforts to curtail litigation when brokers change firms, departing reps are still being sued, and some say that recent developments suggest the harassment won't stop anytime soon.
No single vendor dominates the market for financial planning software and advisers are divided fairly evenly on whether they prefer self-hosted applications or applications hosted on the web.
Leveraging technology to drive growth, and handling information overload and system integration, were among the concerns advisers discussed at an InvestmentNews technology round table.
More and more financial advisers are likely to be confronted with client demands for the divestiture from their portfolios of the stocks of companies that fail some moral screen.
“We’re not going to move [the bill],” said Rep. George Miller, D.-Calif. “We don’t see the president signing it.”
NYSE Euronext filed proposed rules meant to allow the institution to become more competitive and efficient.
SunGard Data Systems today released version 3.0 of its WealthStation wealth management platform.
The exchange is attempting to provide its customers with complex event processing capabilities.
Your Silver Bullet is creating a single standard on which members can base future software projects.
Financial advisers face an array of challenges in the retirement market in the next decade.
Wirehouse brokers have had to respond to many changes in the industry in the past decade.
Advisers and the vendors serving them agree the Internet — first as a communication tool and later as home to numerous hosted applications — is the single most important technology innovation affecting the industry in the last decade.
If there were a color-coded advisory system for fiduciaries, it now would stand at yellow, flashing “elevated risk.”
