The BofA-Merrill boss sounds set to take on recruiters, the threat of the rising RIA model, and anyone else who steps in her path
Although many federally registered advisers were scrambling last week to meet the March 31 filing date for the new ADV Part 2 forms, state-registered advisers in several states, including Michigan, Pennsylvania and Texas, were enjoying a bit of a reprieve
For the first time in up to a decade, the average sale price of an advisory business fell last year, according to two separate studies.
While a growing number of financial advisers will put their firms on the market in the next few years, few know what buyers look for in a possible purchase. Here's what's on their list.
Although many federally registered advisers were scrambling to meet yesterday's filing date for the new ADV Part 2 forms, state-registered advisers in several states, including Michigan, Pennsylvania and Texas, were enjoying a bit of a reprieve.
Many financial advisers are finding out that they aren't as fluent in English as they thought
Advisers have an additional four months to prepare “plain English” brochure supplements about their investment personnel thanks to an extension granted by the Securities and Exchange Commission late last month.
Imagine giving your clients an interactive retirement calculator that is about as simple to operate as an Etch A Sketch but can handle complex hypothetical scenarios — all with no initial manual data input required
But spokeswoman for United Trust claims move is merely a streamlining of existing policies
Todd S. Thomson, Citigroup Inc.'s former head of wealth management, lured a top Bank of America Corp. financial adviser with $5.9 billion in client assets to join a new business that caters to independent advisory firms.
With the economy seemingly on the mend, newbie financial advisers are finding that it's a great time to be breaking into the game
The client advisory board, which some financial advisers have long used to cement key client relationships, is attracting more interest in the wake of the financial crisis, which left many advisers looking for ways to improve their businesses
Since true out-of-the-box innovation in adviser technology is relatively rare, my antennae are always up, looking for new, interesting angles to share with readers
Financial advisers continue to amaze me with their ability to harness technology to do business in new, creative ways
A new rule aimed at making the financial advisory business more understandable to clients is giving advisers a headache.
While it'll never compete with Justin Bieber, one financial planner's You Tube post on standards of client care has become an unlikely hit. In fact, he's even attracted a million-dollar account thanks to the unusual come-on.
More face time, for starters; ranking shows Atlantic Trust scores well with clients
Advisers who raised prices through the financial crisis and its aftermath attracted more new clients and assets than advisers who lowered prices
Many fee-based advisers are under-charging for their services and cheaper rates do not bring in more clients, study finds
