Advisers should look at alts, but fees are too high, he contends.
The firm's thundering herd climbed back to 14,000 in the third quarter after several quarters of steady declines.
This week's must-read stories for advisers include employment drama at LPL and Merrill, Bill Gross speaking out, and a renewed push for more women in advice.
Firm picks up father-son duo who previously brought in $3.5 million a year in revenue.
Deal focuses large nontraded REIT on lifestyle sector before a potential listing of shares or sale of the portfolio.
The department store's CEO hopes spinning off real estate will help the icon survive. But how much are the stores really worth?
The next generation is not hearing the call of opportunity in the advice business, and it's up to each of us to bring them on.
Betterment founder and CEO Jon Stein says automation helps investors achieve better outcomes by taking irrational emotions out of the picture, improving returns and saving time.
Betterment founder and CEO Jon Stein says Betterment Institutional lets advisers get in on the “robo-adviser” game by allowing them to outsource portfolio re-balancing, daily tax-loss harvesting and more.
<i>Breakfast with Benjamin</i> today features: More market volatility on the way and not just for stocks. Plus: Consumers' bad attitudes, Fed chief Janet Yellen's first big test, and more.
Wealthfront and Betterment take to Twitter and the blogosphere as stock market volatility rises.
The case for traditional long-only allocations to stocks and bonds is getting weaker by the day, increasing the importance of finding a way to fit alternatives into client portfolios.
The most successful advisory firms prioritize revenue and operations over adviser capacity to remain on top.
Republicans reject SEC user-fee amendment to appropriations bill that would have provided additional funding for adviser exams
Was the now-retired Yankee shortstop one of the greats or overrated? It depends on who's telling the story.
Fights often arise when there are second families; even if peace reigns, putting your wishes on paper alleviates stress
<i>Breakfast with Benjamin:</i> Wall Street observers' resolve likely to be tested today, plus what could lift stocks out of their funk, solid earnings from Goldman Sachs and Janet Yellen's puzzle.
<i>Breakfast with Benjamin:</i> When in doubt, follow bonds' lead. Plus: Consumer spending to the rescue, Johnson replaces Johnson at Fidelity, and more.
Insurer brings its Essential Income 7 indexed annuity, Essential Income Benefit feature, to the platform.
Replaces father, Edward “Ned” Johnson, who will retire but remain chairman.
