Firms need to support advisers as they learn to be the rainmakers of the future. It certainly won't happen overnight, but it will happen if there is a continuing commitment to change – both on the part of the firm, and the adviser. Check out four simple steps for success.
Merrill Lynch will reward teams that double their revenue in the five years after 2013 with a shared payout equal to 10% of the team's incremental revenue growth.
Legislation exempts from SEC registration small-business M&A brokers.
With the estate tax exclusion being set at $5.25 million per person, it's easy for affluent clients whose estates don't quite hit that level to write off creating estate plans or building trusts. But even those in-between clients benefit from establishing trusts in select scenarios.
LPL's chief executive discusses where the firm stands in key areas such as launching a bank, its technology and regulation. <b>Also: <a href="http://www.investmentnews.com/article/20130819/FREE/130819915">Read more about LPL's tech advances.</a></b>
Advisers take unique routes to find a meaningful name to carry through the ages.
A complete, real-time picture of a client's assets is critical for advisers to successfully retain clients, increase assets under management and attract new clients.
This all-too-human tendency to exalt our decisions and abase the road not taken can have disastrous consequences for investors.
Most clients have no idea how much their investments and their financial advisers are costing them. As a result, they may unknowingly be putting their retirement at risk.
Experienced financial advisers have <a href="http://www.investmentnews.com/gallery/20131119/FREE/111909999/PH">seen their paychecks fatten</a> over the past two years, thanks to increases in firm profitability, strong market performance and a talent shortage. But less experienced advisers aren't riding the money train.
If you have been in the industry long enough, certainly you have heard horror stories about advisers who have changed firms or broken away only to lose clients along the way.
What should you be looking for in a potential merger candidate? First, you need to have similar investment styles and fee structures. Beyond that, chemistry and cultural fit are key.
Following a road map can give momentum to your outreach efforts this year.
The CFP Board is concerned about student follow-through after a survey finds that many students who complete financial planning coursework don't actually sit for the CFP exam. What's causing this trend?
Many see big conflicts of interest if designation grantor also runs CE program.
Deep South hit hard for 2nd time; Eastern Seaboard shrugs it off
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.
