The Kansas-based firm is a super OSJ that provides compliance and marketing support for 11 independent advisory practices
First Ascent Asset Management, which is billing itself as the first flat-fee asset manager, charges just $500 per adviser client.
Many young advisers are persuading their bosses to accept lower annual minimum fees and make other modifications to appeal to young investors.
Record keeping is a business that requires companies to continue investing in services and technology.
The percentage of consumers planning to put some of their refund toward paying down debt rose to 35.5%, from 34.9% last year, according to a new survey.
Passive third-party asset managers could expose clients to a greater level of risk and dissatisfaction.
The relatively small Gen-X and the still-young millennials aren't filling the shoes of their baby boomer elders in the industry.
What severs ties is poor communication around the impacts of cyclical market gyrations on the portfolio.
Only supporters of the DOL rule have met with Office of Management and Budget officials, while industry groups have kept their distance.
Advisers need to help people move past the emotional roadblocks that can make the process more complicated than it needs to be.
Dave Butler was appointed co-CEO at Dimensional Fund Advisors, replacing David Booth, the firm's founder, who will remain executive chairman, the company announced Wednesday.
Firm will also pay a $750,000 fine to Finra for failing to supervise broker who sold tribe non-traded REITs and BDCs.
In a little over three years, Steward has established offices in New Hampshire, New York, Albany, Washington, D.C., and Andover, Mass.
Brokers say commissions serve certain clients better, and investors who prefer them are pushing back.
Digital advisers are hiring live planners and advice firms are deploying automation.
Brokerage, insurance and mutual fund groups spend more money than investment advisers in quest to gain the ear of lawmakers on both sides of the political aisle.
