A new survey reveals that four out of ten affluent investors prefer to manage their own money. Nevertheless, the web is still not seen as a threat to advisers. Why?
Recruiters say laid off trainees and low producers won't have trouble lining up work
Robert W. Baird & Co. Inc. is opening up an office in Salt Lake City to offer financial advice with the help of Dean Cottle, a veteran wirehouse complex manager from Morgan Stanley Smith Barney LLC.
One day in September, “Ralph” was diagnosed with Stage IV cancer
Morgan Stanley Smith Barney LLC recently recruited two teams of financial advisers from UBS AG and Bank of America Merrill Lynch that had a combined trailing 12-month production of just under $10 million between them.
Some advisers warned their clients about chasing commodities. But even with Thursday's meltdown -- and the mercurial nature of precious metal prices -- some are telling their clients to stay the course.
Hosted software specialist to add social networking capabilities to its offerings; Chatter up
When seemingly every broker-dealer wants to increase its reps — at a time when the total population of financial advisers is in the process of shrinking — is it possible for anyone to actually win the so-called recruiting wars?
Being an effective leader of a financial advisory team is difficult, complicated and at least as important as client-focused activities such as business development and customer service, according to a team consultant for Morgan Stanley Smith Barney LLC.
Financial-services technology firm Fiserv, Inc., announced that it is putting together a system that will enable unified managed household accounts. Indeed, the tech company says that their full UMH platform will be available later this year.
Everyone has probably heard of at least one e-mail-related scandal, but somehow the forward button still gets a workout, even by financial and health care professionals, who arguably should know better
Principal concern is protecting principal; taking a page from their grandparents
Advertising and marketing are still a prime worry, but the 'death-penalty' is an increasing vexation
Rich folks, worried that the specter of a large bequeath could kill a child's drive to succeed, are increasingly keeping mum about their estates
Top-performing advisory firms, on average, have more than one owner, pay those owners better and seem to be getting more from those owners in terms of management skill and engagement.
The following is an edited transcript of the webcast “Finding and Keeping New Advisers,” which was held March 15. Deputy editor Evan Cooper and reporter Lavonne Kuykendall were the moderators
United Capital Financial Advisers today announced the acquisition of financial planning firm Vantage Point Advisors. Vantage Point, which manages $170 million in assets, will now operate under the name of United Capital Private Wealth Counseling.
The Investment Management Consultants Association is zeroing in on independent advisers as it attempts to attract new members to certain designations.
Financial advisers who are looking to attract younger clients had better sharpen their tweeting skills.
After months of speculation, UBS today named Robert McCann as its new head of wealth management in the Americas
