Goldman Sachs, along with the investment-banking divisions of six of its biggest U.S. and European rivals, allocated a collective 39% of revenue for compensation in the first nine months, down from 42% a year earlier and the 50% some firms earmarked before the financial crisis. Goldman Sachs's 41% ratio so far this year is its lowest nine-month figure as a public company.
Sheryl Rowling says her computer is both her best friend and her worst enemy. She is beginning to feel that way about Wi-Fi on a plane.
Independent broker-dealer division adds 55 reps and advisers.
We all want to give exceptional client service.Unfortunately, the belief that superior service must include instant access can be detrimental to both you and your clients.
kasina released its annual ranking of fund providers that it says offer the most engaging and substantive web experience for advisers.
Has technology robbed you of your free time? Maybe it's time to pare down and at least limit the tech tools you take on vacation.
Morningstar Inc. has upgraded its ratings on The Charles Schwab Corp.'s target date funds to “neutral,” from “negative,” because of improved performance, new leadership and stability.
Last week, the House of Representatives approved a bill that would stall a final rule on establishing a fiduciary standard for retirement plan advisers. With any luck, that's as far as this legislation gets.
Mary Beth Franklin dishes on how the Social Security Administration sends millions in benefits to deceased people...and how, in some cases, people who are very much alive are declared dead.
State securities regulators cracked down on more investment adviser applications last year after thousands of midsize advisers switched to state oversight from the SEC.
What to do when you get the wrong answer from the Social Security Administration
What to do when you get the wrong answer from SSA
“It's not a game of gotcha,” SEC chairman tells compliance officers.
Even big name bond advocates like A. Gary Shilling or Robert Arnott would have difficulty arguing that bond market performance over the last 30 or 40 years was likely to repeat itself.
Many advisers in Massachusetts who moved from SEC oversight to the state last year failed to disclose that they have custody of client assets — a result of poor understanding of custody rules.
A group of veteran Morgan Stanley managers has broken away from the wirehouse to form a partnership with Raymond James to offer equity ownership and succession planning to advisers.
