Starting Jan. 1, Fidelity will lower to $30, from $40, the standard pricing for a buy or sell transaction on its FundsNetwork platform, a 25% saving. But the custodian is also raising buy fees by 25% to $50 on five fund families, including the popular offerings from the Vanguard Group Inc.
After working with thousands of reps over the years, I don't believe this new regulation will deter unhappy financial advisers from moving to firms offering more opportunities for growth.
Brokers with international clients have been moving to competitors in recent months as Barclays curtails its international business.
Timing of new certification training couldn't be better with stocks at highs and rates set to climb.
Despite widespread awareness that the state of financial literacy in our country is dire, precious little has been done at the national level to strengthen Americans' understanding of fundamental money management concepts. Dale Brown of the FSI says that we must — as an industry — focus our attention and our energy on tackling this critical issue on the local level.
It is very hard to stand out in such an overwhelmingly cluttered market place. Here's some of Joe Duran's strategies for success.
Broker-dealer had sought a new chief since Pat McEvoy resigned in December.
Craig Gordon, the No. 2 executive at RBC Correspondent Services, has left the clearing firm.
Schwab Advisor Services' Neesha Hathi on how advisers' need for a mobile presence has never been greater thanks to investors' easy access to a wealth of information.
In a good sign for the industry, recruiting came roaring back in the third quarter for LPL Financial, which added 154 net new registered reps and advisers. CEO Mark Casady says recruits came 'from all over.'
Split at former Fox Joss & Yankee said to be amicable.
A national focus on financial fees has clients asking more questions.
A former adviser trainee of Wells Fargo Advisors says firm went after her for training costs after she left the firm; she has sued, claiming the firm's practice of recouping training costs is illegal and discriminatory.
Fidelity is even broadening its recruiting efforts to high school students
Could a wave of retirements open unprecedented opportunity for minorities?
A group of women advisers contend that a $39 million payout will actually reinforce policies allegedly tied to gender discrimination.
Not satisfied just setting up meetings and answering phones, financial planning student Leah Manderson found a way out of the need-experience-to get-experience Catch-22.
NAPFA chief executive cites 'lack of clarity' as industry looks for CFP Board to take lead.
Kitces digs into recent news that advisers won't be dinged for client reviews on third-party websites
