COVID-19

Displaying 288 results

Topic

Wells Fargo cuts ‘sizable group’ of advisers after profits slump

The bank reported a year-over-year decline of 815 advisers, according to its earnings report released Wednesday morning

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Mapping a momentous shift in adviser geography

With technology allowing advisers to serve clients from almost anywhere, what’s stopping them from relocating their whole operation to greener pastures?

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Merrill’s army of newbies to resume cold-calling

Merrill Lynch is making changes in the way it manages young advisers and trainees

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Cambridge buys small broker-dealer with $4 billion in assets

The deal comes as mergers and acquisitions in the brokerage industry have slowed to a crawl due to disruptions caused by COVID-19

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What advisers should expect from Trump-Biden debate

The markets are longing for economic stimulus and less talk about tax hikes

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Employers, workers want much more than 401(k)s from RPAs

Companies are five times as likely to say they feel responsible for workers' financial wellbeing than seven years ago, a survey found

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COVID-19 401(k) loans end with a fizzle

Workers were mostly uninterested in the expanded $100,000 loan limit, according to recently released data

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Fed president Bullard says US delivered enough fiscal aid

The view clashes with Fed Chair Jerome Powell, who has urged additional support — sometimes in dire terms

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Small RIAs delay succession planning during pandemic: DeVoe survey

Confidence has increased among respondents that the next generation can afford to buy firms

Topic

PE to fuel insurance industry M&A: Report

Deals are likely to start happening more often and will be led by private equity, a report from Cerulli Associates suggests