Adviser duo jumps from J.P. Morgan Securities
Despite strong salaries and great public relations calling it a “top career,” millennials avoid financial planning as a career. But why and where are they going?
The organization behind the Certified Financial Planner credential is teaming with a university to offer the course in 2014
But B-D is looking to purchase asset managers, he says
The types of applications most commonly used by advisers
Free web-based version of popular program due out this summer
Today: What hedge funds fleeing the market means. Plus, buck up, investment banker bonus week is here; building your own mutual fund; clean energy stocks; getting the most out of Siri; and more.
Planning for this one aspect of retirement will help you maintain your sense of dignity as you age
Trying to get up to speed on Social Security-claiming strategies? Check out these go-to resources.
I love when readers with whom I consult about tricky Social Security-claiming strategies report back to me with results.
Taking the pulse of the securities regulator as chief Mary Jo White continues her charm offensive, in which she's hoping to prove that her agency is no longer the lap dog of Wall Street. Given the revolving door, proof will be in the pudding.
Morgan Stanley and Merrill Lynch say the days of paying big bonuses to lure each other's brokers and keep their own in place may be ending.
Details are incomplete, but it is clear that the filing point to the growing bifurcation in the variable annuity pool of offerings: There will continue to be traditional variable annuities with living benefits, but more and more, carriers will be bringing out products that are largely investment-focused.
You know who they are and you know they are holding back your practice. Here's some simple steps to improve your staff and start fresh in 2014.
In today's Breakfast with Benjamin: Two big investment houses recommend exiting emerging markets. Also: Credit Suisse offloads risky assets, investment gurus get nervous about 2014, cold weather and a weak economy, and what will cost more this year.
Investors have poured $156.6 billion into alternative investments, including nontraditional bonds, since 2010, according to data from Morningstar Inc. Nearly half of that amount — $74.6 billion — has come in 2013, giving the alternative market total net assets of $227.3 billion. Still, some believe that overdiversifying is unlikely to add value for clients and maintain that sticking to stocks and bonds is enough.
The demand for liquid alternatives has never been higher, and it is drawing in a pack of money managers who are all vying to be leaders of the pack.
Would your adviser spend five days helping you drive to Mexico? How about completing hours of passport paperwork for you to head to Italy, or shredding a car-full of your old documents?
