There are 2.18 million investors under 50 with $500,000 in their pockets.
Across the industry, executives share concerns: generational shifts, regulation and how to update legacy platforms.
Your returns made you a hero in 2013, but Dr. Daniel Crosby says your skills as a therapist are what will make them love you in 2014.
Without the additional $324 million it requested, the SEC won't be able to hire additional personnel to expand RIA examinations. What does this mean for advisers?
The parent company of Southwest Securities, SWS Group, received $7-a-share offer from Hilltop Holdings. The offer was a 16% premium to the stock's closing price on Thursday. Bruce Kelly has the story.
Seven lobby groups representing investment advisers and consumers are urging lawmakers to sign on to legislation that would charge advisers a user fee to fund more regulatory exams.
Hedge fund manager Steven A. Cohen's SAC Capital Advisors won partial approval of its $1.8 billion settlement with the U.S. as a federal judge signed off on an agreement to resolve a civil money-laundering case.
Billionaire Steven Cohen's SAC Capital Advisors, the hedge fund firm accused of fostering a culture of rampant insider trading, has agreed to plead guilty to a federal indictment and pay $1.8 billion. But that's not the end of the story.
Albany reaches for more than 100% of taxable portion
<i>Breakfast with Benjamin:</i> Backing off the big bounce. Plus: Bill Gross confesses, Bank of America pays for cheesy marketing tactics, investing in wind energy and an urgent reminder to change those passwords
Investors also take profits after strong year in the market
Financial advisers agree investors need to stay calm and avoid knee-jerk selling
Robert Reynolds' Great-West Financial agreed to acquire J.P. Morgan Retirement Plan Services, boosting its profile as a retirement plan record keeper and putting it at No. 2 in the retirement services business by participants nationally.
Hilltop Holdings ups previous offer for SWS Group by 12.6%.
<i>Breakfast with Benjamin:</i> The latest IPO candidate has filed, and its numbers are 'insane.' Plus: Currency traders on their way to extinction, hedge fund managers boost gold bets (mostly), small cap strategies rule, two powerful women on Wall St. could be out of work and an Olympic update.
Renowned behavioral economist Daniel Kahneman says advisers must recognize the cost and futility of betting against the market and trading too much.
CEO says best execution is first order of business; competition for RIA customers remains strong.
The agency is returning to paper statements. Only 6% of workers had signed up for the online version since 2011.
<i>Breakfast with Benjamin:</i> One IPO hoping investors have a short memory. Plus: Bracing for weaker earnings, here comes Fed meeting minutes, bond market opportunities, shoving investors toward behavioral finance and refusing LinkedIn requests.
A high profile equity strategist discusses the stock market's decline and what it means for the long term
