Frank Durrum operates as Durrum Wealth Management in Mount Pleasant, Texas.
Flourish aims to facilitate RIAs’ access to annuities.
'No one at Schwab is kidding themselves that everything is perfect right now,' says CEO Walt Bettinger.
Here are some of the key characteristics that may make some clients better candidates for such a solution than others.
It still seems that most aging independent advisors don’t sell their practice or retire; instead, they simply reduce their workload and 'retire in place.'
Affluent clients want better digital capabilities and personalized offerings, so a super-charged digital business transformation has huge benefits.
President Daniel Pinto also shares his views on rate cuts.
Succession planning is critical, as advisors 55 and older account for 42 percent of head count but 57 percent of assets, Cerulli found.
The final DOL rule threatens the independent status advisors 'rely on...as they build their businesses,' says FSI CEO Dale Brown.
Industry executive warns it will take time for Pick to earn the trust of advisors.
Firm's tactic 'not only undermined critical investor protections and placed investors at risk, but was also illegal,' says SEC enforcement director.
Congressional negotiators are locked in talks over renewing expired business tax breaks and boosting the child tax credit.
The asset and wealth division helped drive the results, posting its highest quarterly revenue in two years on a gain tied to the sale of its Personal Financial Management unit.
Many advisors are leaving, disillusioned by what they consider prohibitive pay grids and a lack of flexibility.
In one of his last actions as CFP Board chairman, Daniel Moisand testified at last month’s hearings on the Department of Labor’s latest advice proposal.
As the migration to independent broker-dealers and RIAs continues, concerns about the Big Four’s compensation plans may be contributing to the outflow.
Report reveals texting and messaging apps common at RIAs and broker-dealers.
Inflation is still not under control so cuts may be smaller than expected.
The song, 'Paper Right,' is part of the company's Retire Inequality campaign.
'We’ve made significant investments the last few years across our franchise to better serve our customers, and help drive growth,' says Wells CFO Mike Santomassimo.
