@BlairHduQuesnay (1/2) I'm at an indie BD. Most concerned about how to deal with smaller accounts. Fees aren't practical for the advisor.
— dave_melling (@fedspecialists) February 24, 2015
• During that same speech, the president said he was proud of Sheryl Garrett, an adviser with an hourly fee business.
Obama gives shout-out to @SherylGarrett (a past member of the @cnbc FA Council) at event on DOL fiduciary standard.
— Jim Pavia (@jimpavia) February 23, 2015
• Advisers were abuzz when InvestmentNews published an exclusive on Morgan Stanley's Hunger Games-inspired video. Some took to Twitter to show their distaste for the firm's untimely sense of humor.
Awful Hunger Games parody video for MorganStanley mgrs. http://t.co/Oo3Ienzp0M What was this $70B co. thinking? HT @ReformedBroker
— Colin Camerer (@CFCamerer) February 24, 2015
Others poked fun at the company.
**CRINGE**. Morgan Stanley made a Hunger Games-inspired video. 50 Shades next? http://t.co/rTghrMfWzY
— Katie Martin (@katie_martin_FX) February 25, 2015
Merrill's latest hires span Colorado to Louisiana, even as industry-wide recruiting data suggests the firm is losing almost as many advisors as it gains.
The $36 million buy allegedly hid inflated books and a $50 million diversion.
“An award citing emotional distress is very unusual,” an industry executive said.
New EBRI research found workers who participated in employer financial education reported higher confidence, literacy and financial satisfaction.
Beyond operational excellence, the winning advisors of the future are the ones who can reach across multiple disciplines without discarding specialist skills.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income