Firm owners attempt to balance rewarding adviser performance with keeping a lid on compensation. </br><b><i>(More: <a href="//www.investmentnews.com/section/specialreport/20151018/COMPSTAFF"" target=""_blank"" rel="noopener noreferrer">IN's 2015 Adviser Compensation and Staffing Study special report</a>)</b></i>
They will need to marginally modify their policies and procedures, adjust client agreements and other documents, as well as provide additional client disclosures.
The deal increases Merriman's assets to about $2 billion based on SEC documents filed last month.
The investment advisory firm is the third RIA to join the wealth management group this year.
Fee transparency can help boost retention and open pathways to increased referrals.
Robo-advisers might have more reasons to be worried about the next bear market than investors do.
The Labor Department will unveil a final version of the so-called fiduciary rule next Wednesday, according to a published report.
In his new role, Mr. Robbins will be working with his long-time financial adviser Ajay Gupta.
Many advisers and the firms they work for are still woefully unprepared for what lies ahead.
Mr. Fisher will stay on as executive chairman and co-CIO of the investment adviser
Some clients take years to fire their advisers
The deal is the latest sign of ramped-up dealmaking in the RIA industry.
Billionaire behind Fisher Investments has discussed his intentions for years, but succession plan isn't clear.
Unit will develop 'new tools and techniques' to strengthen risk analysis and surveillance.
An exam can be demanding and time-consuming, but it will go smoother if you prepare for it in advance. </br><b><i>(Plus: <a href="//www.investmentnews.com/gallery/20160311/FREE/311009999/PH/sec-exam-cheat-sheet" target="_blank" rel="noopener noreferrer">10 tips to survive an SEC exam</a>)</b></i>
A new working paper by business school professors at the University of Chicago and University of Minnesota also found that industry-wide 7% of financial advisers have been disciplined for misconduct.
It is no secret that financial giants like Charles Schwab and Vanguard Group have disrupted the robo-adviser industry. Just look at their assets under management.
Despite it being unlikely that two SEC nominees get confirmed anytime soon, the regulator must not hesitate in getting on with its important mission.
Advisers like David Adams, who works predominantly with musicians and entertainers, must march to a different drummer to succeed with celebrity clients.</br> <b><i>(More: <a href="//www.investmentnews.com/gallery/20160214/FREE/214009999/PH/9-tips-for-advisers-looking-to-work-with-celebrity-clients"" target=""_" rel="noopener">9 tips for working with celebrity clients</a>)</b></i>
