The past decade, the first for <i>InvestmentNews</i>, has been a traumatic one for investors.
In the early 1990s, when I was in London, I ran across a weekly trade newspaper titled Money Marketing, aimed at British investment advisers.
Expect continued asset growth, more industry consolidation, competition and investment choices as well as broader participation in Section 529 college savings plans in the future, say state administrators of the programs, financial service executives and industry observers.
Over the past 10 years, the world of independent-contractor broker-dealers has been turned on its ear.
The custody business has evolved over the last decade.
"The marketplace always drives Washington," said Duane Thompson, managing director of the Financial Planning Association's Washington office.
The grandest prediction being made about financial adviser technology is that in the next few years, much of the industry's software will speak the same language.
Aug. 17, 2006, was probably the happiest day in the history of the Section 529 college savings plan business.
Despite all the noise coming from lawmakers calling for increased regulatory oversight of hedge funds, many involved in the nearly $2 trillion industry don't think that regulators are ready, willing or able to try to get their arms around this increasingly diverse investment category.
