Nearly 90% of investors surveyed said they would like advisors to help them with allocations
Universities spark enthusiasm among Black students for advisory careers with pragmatic pitches.
Perhaps the reality is that neither firms nor advisors truly 'own' clients but rather are lessees of clients.
But CEO Dan Arnold is optimistic about the start of 2023, noting that the fourth quarter was the best period for recruiting last year and predicting that momentum will carry over into the first quarter.
The social media company is cutting off free access to its API, which will impact archiving tools used by financial advisors.
The firm declined to comment about Jim Dickson's sudden departure from Sanctuary Wealth, which he had led since 2018.
As portfolio management becomes increasingly commoditized, advisors make the case for managing assets in-house and promoting that to clients as a unique value-add.
The self-regulator claimed the reps traded excessively in the accounts of elderly customers.
While advisors are in no immediate danger of displacement, simply repeating the 'people will always need a human advisor' mantra won’t stop the inevitable march of progress.
An SEC risk alert this week warned firms that surveillance systems fell short in ensuring reps consider costs and reasonably available alternatives. Will enforcement be next?
Smaller firms can still flourish amid the rampant M&A activity, but they need to employ targeted client development and strategic outsourcing.
It's safe to say that the more adept you are at selecting, implementing and utilizing the available technologies, the better off your practice and your clients will be.
Sabra Purtill succeeds Lyons as the insurer's interim CFO, while Turab Hussain was named interim chief actuary.
The CEO's package includes $2 million in base salary and $23 million in variable compensation, with $16.1 million of that in the form of restricted stock units.
The CFP Board's decision to split itself into two nonprofits would allow it to establish a membership organization, but groups like FPA don't expect it to do so.
Counting the number of women leading a company is harder than it looks, which complicates investors' ability to achieve gender-correlated returns.
A young financial planner cites the benefits of having a supportive team and the fascination of learning about financial planning's emotional and psychological side.
The data, which is aggregated to artificial intelligence, cover more than 5,000 North American companies across 385 ESG topics.
The group is setting up a 501(c)(6) organization that will give it more latitude to talk to students about the benefits of becoming a CFP and to the public about the benefits of working with one.
Staffers earning up to $500,000 a year will share in a pool of restricted stock, according to a memo from CEO Brian Moynihan.
