Advisor News

Displaying 26679 results
Succession planning requires a plan
OPINION OCT 26, 2021
Succession planning requires a plan

Bring on a junior adviser at least five to seven years prior to retirement, to give both the adviser and clients time to acclimate to the role and those important relationships.

By Emily Woodson
Taking a pass on troublesome clients
OPINION OCT 25, 2021
Taking a pass on troublesome clients

It’s not easy to tell which prospects are going to pose problems — but it’s definitely easier to say no to a prospect than to terminate a client later.

By Michael Broad
DOL delays fiduciary rule enforcement until February
RETIREMENT PLANNING OCT 25, 2021
DOL delays fiduciary rule enforcement until February

The Labor Department is giving the financial industry the additional breathing room it had sought to prepare for the new regulation.

By Mark Schoeff Jr.
Early retirement surging as a result of Covid, research finds
RETIREMENT PLANNING OCT 25, 2021
Early retirement surging as a result of Covid, research finds

About 3 million people retired earlier than they likely had planned as a result of the Covid environment, according to a report by a senior economist at the Federal Reserve Bank of St. Louis.

By Emile Hallez
UBS rep managing $265 million joins LPL
INDEPENDENT BROKER DEALERS OCT 25, 2021
UBS rep managing $265 million joins LPL

David Winchell is setting up his own firm, Winchell Financial Group, in Las Vegas.

By InvestmentNews
Advisers beware: Bitcoin futures ETFs are a game-changer
FINTECH OCT 25, 2021
Advisers beware: Bitcoin futures ETFs are a game-changer

Advisers who have been steering clear of digital currencies need to study up and be prepared to talk their clients through the pros and cons of this asset class.

By InvestmentNews
Managing your clients' expectations around Social Security
RETIREMENT PLANNING OCT 25, 2021
Managing your clients' expectations around Social Security

Don’t let clients sabotage their retirement plans because of fears about the program’s finances. Advisers can help clients put trust fund solvency woes into perspective.

By Mary Beth Franklin
It’s time to rev up broker-dealer enterprise technology
FINTECH OCT 25, 2021
It’s time to rev up broker-dealer enterprise technology

B-D tech expert Darren Tedesco discusses how B-Ds can reconstitute their technology stacks to drive growth and efficiency gains.

By InvestmentNews Create
Addepar buys AdvisorPeak
FINTECH OCT 22, 2021
Addepar buys AdvisorPeak

The acquisition adds portfolio rebalancing and trading to the Addepar platform.

By InvestmentNews
Merrill Lynch trio managing $890 million moves to UBS
WIREHOUSES OCT 22, 2021
Merrill Lynch trio managing $890 million moves to UBS

The veteran advisers and three associates make the switch in midtown Manhattan

By InvestmentNews
New York State mandates auto-IRA plan
RETIREMENT PLANNING OCT 22, 2021
New York State mandates auto-IRA plan

Private-sector employers that don't offer a retirement plan are now required to enroll workers in the state's program.

By InvestmentNews
Wirehouse CEOs muse about RIAs and competition
RIA NEWS OCT 22, 2021
Wirehouse CEOs muse about RIAs and competition

James Gorman of Morgan Stanley and Charlie Scharf of Wells Fargo both took time during their earnings conference calls to share some thoughts about their RIA competitors.

By Bruce Kelly
FeeX gets more business from RIAs for 401(k) service
RETIREMENT PLANNING OCT 22, 2021
FeeX gets more business from RIAs for 401(k) service

Carson Group is the latest to sign up for the three-year-old service that lets advisers allocate assets in held-away accounts like 401(k)s. It is compliance-friendly and secure, the firm says.

By Emile Hallez
Bitcoin-linked ETFs attract record assets with strategy designed for traders
RIA NEWS OCT 22, 2021
Bitcoin-linked ETFs attract record assets with strategy designed for traders

The futures-based access to cryptocurrencies has been described as better than nothing by investors. But, financial advisers might have trouble managing client expectations.

By Jeff Benjamin
Evolving investor education in the age of meme stocks
OPINION OCT 22, 2021
Evolving investor education in the age of meme stocks

The deluge of information available about investing has driven many young people to gravitate toward the largest, loudest and most popular financial influencers on various message boards and online video channels.

By Dale Brown
Regulators warn climate change poses threat to financial stability
REGULATION AND LEGISLATION OCT 22, 2021
Regulators warn climate change poses threat to financial stability

Treasury Secretary Janet Yellen led the panel of top federal regulators that issued the report on climate change, including tentative recommendations for how agencies should begin preparing to contain the risk.

By Bloomberg
Tax hikes could fall away as Democrats shrink Build Back Better bill
RETIREMENT PLANNING OCT 21, 2021
Tax hikes could fall away as Democrats shrink Build Back Better bill

But an executive at Schwab says increasing the top capital gains rate and lowering the estate tax exemption could make it into a compromise measure.

By Mark Schoeff Jr.
Schwab on track to begin TD account transitions
FINTECH OCT 21, 2021
Schwab on track to begin TD account transitions

The process of switching investment accounts from one firm to the another is one of the most anxiety producing events in the work life of a financial adviser.

By Bruce Kelly
Raymond James to acquire TriState Capital Holdings
INDEPENDENT BROKER DEALERS OCT 21, 2021
Raymond James to acquire TriState Capital Holdings

The Pittsburgh-based financial firm specializes in securities-based loans.

By InvestmentNews
REIT managers charged with plotting to cheat banks, investors
REGULATION AND LEGISLATION OCT 20, 2021
REIT managers charged with plotting to cheat banks, investors

Four executives of Texas-based UDF are charged with securities fraud and conspiracy to commit wire fraud by federal prosecutors.

By Bloomberg