Merrill Lynch expects its revamped fee-based investments platform to pass $200 billion in assets by next week, notching a milestone in its massive platform overhaul.
Social Security and annuities make news, LPL's regulatory headaches continue, and the rest of this week's must-read stories for advisers.
LPL Financial cuts 11 cents a share from its third-quarter earnings forecast after projecting it will need another $18 million to satisfy regulatory concerns.
How can you show clients that you're not just a commodity and that your financial advice is worth paying for? By getting to know the needs of each generation of your client's family. Here's why.
New research shows how uncomfortable self promotion makes listeners.
Wild week in financial markets wrapping up with rebound in stocks as bonds decline.
<i>Breakfast with Benjamin:</i> Fresh talk of extending QE is a sign that the markets just want more. Plus, gold shines bright among the carnage, learning to love leverage, and more.
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.
