The Kansas-based firm is a super OSJ that provides compliance and marketing support for 11 independent advisory practices
Many young advisers are persuading their bosses to accept lower annual minimum fees and make other modifications to appeal to young investors.
First Ascent Asset Management, which is billing itself as the first flat-fee asset manager, charges just $500 per adviser client.
The percentage of consumers planning to put some of their refund toward paying down debt rose to 35.5%, from 34.9% last year, according to a new survey.
Record keeping is a business that requires companies to continue investing in services and technology.
Dave Butler was appointed co-CEO at Dimensional Fund Advisors, replacing David Booth, the firm's founder, who will remain executive chairman, the company announced Wednesday.
Advisers need to help people move past the emotional roadblocks that can make the process more complicated than it needs to be.
Firm will also pay a $750,000 fine to Finra for failing to supervise broker who sold tribe non-traded REITs and BDCs.
The relatively small Gen-X and the still-young millennials aren't filling the shoes of their baby boomer elders in the industry.
Only supporters of the DOL rule have met with Office of Management and Budget officials, while industry groups have kept their distance.
Digital advisers are hiring live planners and advice firms are deploying automation.
Combination of investment banks will add to presence in small-cap market.
In a little over three years, Steward has established offices in New Hampshire, New York, Albany, Washington, D.C., and Andover, Mass.
Brokers say commissions serve certain clients better, and investors who prefer them are pushing back.
Directing a portion of required minimum distributions directly to a charity can reduce both taxes and Medicare premiums.
The rule is well past the tipping point, and the industry is forever changed regardless of the rule change.
