Firms need large cash on hand to make up lost commission revenue
Suarez succeeds firm founder Rob Clarfeld, who becomes executive chairman
Access to capital and a flood of quality buyers are seen driving the trend
Callan survey suggests plan sponsors should consider indirect revenues in fee reviews
Citi, Bank of America and Morgan Stanley are among the firms beefing up their wealth management efforts in Northern California
The problem won’t go away if it’s regarded solely as an issue for smaller firms
Jury found Wells Fargo infringed on USAA patents, similar to findings in a November verdict
AI is one of the buzziest words in fintech. Are the AI claims real or is our intelligence being insulted?
Advisers who use an assets-under-management model should lead with planning and do what’s in the best interest of their clients at all turns
Make D&I a core principle, not public relations
Daniel Kaschmitter and William Gelegotis are joining the employee unit in Salt Lake City
The firm is hoping to make it easier for brokers to embrace financial planning
Members can switch health and drug plans during the annual open enrollment, which runs through March
The legislation's green light for open multiple employer plans goes into effect at the start of next year
Regulator also highlights private placements, digital communications and bank sweeps as priorities
Bond giant expects real U.S. GDP growth to slow 1.5%-2% this year
Anthony Rochte will take over as head of GS Select
The staff of CCP will join an existing Mercer office in Chicago
The company’s $5.4 billion health savings account will be open to clearing and custody customers
Financial advisers who want to learn more about behavioral finance should consider educating themselves on the topic
