Displaying 9037 results
Cracking the code
Universities spark enthusiasm among Black students for advisory careers with pragmatic pitches.
Whose clients are they, anyway?
Perhaps the reality is that neither firms nor advisors truly 'own' clients but rather are lessees of clients.
LPL recruiting down in 2022
But CEO Dan Arnold is optimistic about the start of 2023, noting that the fourth quarter was the best period for recruiting last year and predicting that momentum will carry over into the first quarter.
How Elon Musk’s latest change could make Twitter more expensive for advisors
The social media company is cutting off free access to its API, which will impact archiving tools used by financial advisors.
Dickson out as head of Sanctuary Wealth, ex-Ladenburg exec Malamed in
The firm declined to comment about Jim Dickson's sudden departure from Sanctuary Wealth, which he had led since 2018.
Bucking the trend: Why some advisors refuse to outsource investment management
As portfolio management becomes increasingly commoditized, advisors make the case for managing assets in-house and promoting that to clients as a unique value-add.
Finra fines, suspends two brokers for Reg BI violations
The self-regulator claimed the reps traded excessively in the accounts of elderly customers.
Advisors must evolve to survive in the AI era
While advisors are in no immediate danger of displacement, simply repeating the 'people will always need a human advisor' mantra won’t stop the inevitable march of progress.
Brokerages need to update tech systems to show Reg BI work to SEC
An SEC risk alert this week warned firms that surveillance systems fell short in ensuring reps consider costs and reasonably available alternatives. Will enforcement be next?
The consolidation contradiction
Smaller firms can still flourish amid the rampant M&A activity, but they need to employ targeted client development and strategic outsourcing.
How leading firms are utilizing technology
It's safe to say that the more adept you are at selecting, implementing and utilizing the available technologies, the better off your practice and your clients will be.
AIG interim CFO Lyons fired over confidentiality breach
Sabra Purtill succeeds Lyons as the insurer's interim CFO, while Turab Hussain was named interim chief actuary.
Goldman cuts CEO Solomon’s pay about 30%, to $25 million
The CEO's package includes $2 million in base salary and $23 million in variable compensation, with $16.1 million of that in the form of restricted stock units.
FPA takes CFP Board at its word that it won’t crowd onto association’s turf
The CFP Board's decision to split itself into two nonprofits would allow it to establish a membership organization, but groups like FPA don't expect it to do so.
Transparent gender data paves way for reaping gender-driven results, advocates say
Counting the number of women leading a company is harder than it looks, which complicates investors' ability to achieve gender-correlated returns.
3 reasons I love my career as a financial planner
A young financial planner cites the benefits of having a supportive team and the fascination of learning about financial planning's emotional and psychological side.
Broadridge adds ESG comparison service
The data, which is aggregated to artificial intelligence, cover more than 5,000 North American companies across 385 ESG topics.
CFP Board creates separate arm to promote planning careers, hiring of planners
The group is setting up a 501(c)(6) organization that will give it more latitude to talk to students about the benefits of becoming a CFP and to the public about the benefits of working with one.
Bank of America grants employees shares
Staffers earning up to $500,000 a year will share in a pool of restricted stock, according to a memo from CEO Brian Moynihan.
Schwab sees increasing tech adoption among RIAs
According to data collected from 14,000 RIAs, 80% are using digital client onboarding tools.
