Practice Management

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10 IBDs with the most CFPs
INDEPENDENT BROKER DEALERS MAY 04, 2022
10 IBDs with the most CFPs

As the number of certified financial planners grows, here are the independent broker-dealers who employ the most CFPs.

By InvestmentNews
The learning curve for new clients
OPINION MAY 04, 2022
The learning curve for new clients

It takes time to explain the investing approach to clients, and often those explanations don't stick.

By Michael Broad
Shundrawn Thomas resigns from Northern Trust Asset Management
PRACTICE MANAGEMENT MAY 03, 2022
Shundrawn Thomas resigns from Northern Trust Asset Management

The popular corporate leader will co-found a company that provides debt and equity to businesses run by women and minorities.

By Jeff Benjamin
Advisers warn clients about 'long, difficult bear market'
EQUITIES MAY 03, 2022
Advisers warn clients about 'long, difficult bear market'

The old advice to 'sell in May and go away' is morphing into a duck-and-cover drill as advisers brace clients for a rough summer.

By Jeff Benjamin
Climate disclosures should be mandatory, investors say
PRACTICE MANAGEMENT MAY 03, 2022
Climate disclosures should be mandatory, investors say

People trust climate data more often if companies are required to report it, a recent survey found.

By Emile Hallez
Mercer Global Advisors adds $1.2 billion with latest deal
ALTERNATIVES MAY 03, 2022
Mercer Global Advisors adds $1.2 billion with latest deal

Mercer is acquiring HYA Advisors, an RIA based in Springfield, Missouri, as private equity money continues to drive RIA consolidation.

By Jeff Benjamin
Advice-only fees gain traction as advisers opt out of managing client portfolios
PRACTICE MANAGEMENT MAY 02, 2022
Advice-only fees gain traction as advisers opt out of managing client portfolios

Asset-based pricing still dominates in wealth management, but the trend is moving away from charging clients based on portfolio size.

By Jeff Benjamin
Older advisers don't have to fade away
PRACTICE MANAGEMENT MAY 02, 2022
Older advisers don't have to fade away

There's lots of discussion about the aging of the advisory workforce and the need for succession planning, but an aging workforce can be an asset, not a problem.

By InvestmentNews
Get schooled in the ABCs of ESG
PRACTICE MANAGEMENT MAY 02, 2022
Get schooled in the ABCs of ESG

The resources available to advisers who have an interest in the subject have grown, including certificate programs from the CFA Institute and the National Association of Plan Advisors.

By Emile Hallez
Envestnet president Stuart DePina expected to depart
FINTECH APR 29, 2022
Envestnet president Stuart DePina expected to depart

Speculation about DePina's future with the company has circulated since reports surfaced that Envestnet is exploring a sale to private equity.

By Ryan W. Neal
Bond market 'bloodbath' opens a door for income investors
ALTERNATIVES APR 29, 2022
Bond market 'bloodbath' opens a door for income investors

As fixed income suffers the brunt of the Fed's efforts to catch up on inflation, financial advisers suddenly have an alternative for short-term cash allocations.

By Jeff Benjamin
LPL crosses 20,000 adviser head count, probes small-firm M&A market
INDEPENDENT BROKER DEALERS APR 29, 2022
LPL crosses 20,000 adviser head count, probes small-firm M&A market

When it comes to mergers and acquisitions, "it’s smaller broker-dealers and RIAs that may be an opportunity," CEO Dan Arnold said.

By Bruce Kelly
Cetera creates preprogrammed client events for advisers
PRACTICE MANAGEMENT APR 29, 2022
Cetera creates preprogrammed client events for advisers

Trivia night is one of a number of themed events that advisers can offer clients either in person or virtually.

By InvestmentNews
Increasingly depressed employees batter bottom lines, study says
RETIREMENT PLANNING APR 29, 2022
Increasingly depressed employees batter bottom lines, study says

71% of employers feel the deteriorating mental health of their workforce is having a negative financial impact on the company.

By Gregg Greenberg
Onyx poised to launch with dual differentiators: Diversity and cost efficiency
PRACTICE MANAGEMENT APR 28, 2022
Onyx poised to launch with dual differentiators: Diversity and cost efficiency

The new network offers a deliberately diverse structure for practices at a time of widespread discontent with workplace culture.

By Joanne Cleaver
Prospera creates program matching practice buyers, sellers
PRACTICE MANAGEMENT APR 28, 2022
Prospera creates program matching practice buyers, sellers

The Advisor Practice Exchange Program program includes a dedicated consultant to help advisers navigate the buying or selling process.

By InvestmentNews
Raymond James eyes interest rates, hits new high on adviser head count
INDEPENDENT BROKER DEALERS APR 28, 2022
Raymond James eyes interest rates, hits new high on adviser head count

'We should have significant upside from rising short-term interest rates,' said Paul Shoukry, the firm's chief financial officer.

By Bruce Kelly
BlackRock pushes three investing themes
EQUITIES APR 27, 2022
BlackRock pushes three investing themes

The asset manager says the new consumer, an industrial renaissance and medical innovation are areas where changes have exposed 'underestimated investment opportunities.'

By Jeff Benjamin
Finra dings Berthel Fisher for poor supervision of options trades
ALTERNATIVES APR 27, 2022
Finra dings Berthel Fisher for poor supervision of options trades

Finra said last summer that it was launching an examination sweep probing the opening of options accounts.

By Bruce Kelly
Robinhood cutting 9% of full-time staff as ‘hyper growth’ ebbs
PRACTICE MANAGEMENT APR 27, 2022
Robinhood cutting 9% of full-time staff as ‘hyper growth’ ebbs

The online brokerage, which has racked up more than $2 billion of losses since its IPO, had about 3,800 employees at the end of last year.

By Bloomberg