Boston mutual fund and brokerage giant increased its earnings by 29% last year despite surging investor redemptions of its mutual funds.
The new head of the burgeoning independent-broker-dealer network expects to have 20,000 brokers within five years, could make it the largest such firm in the country. <a href="http://www.investmentnews.com/article/20140516/FREE/140519936">Plus: Schorsch in $1.5 billion Red Lobster deal</a>
Outsourced investing platform will use Upside's portal for financial planning and investment management in effort to keep advisers ahead of robo trend.
Group's 11-point guide seeks to get advisers on the same page without waiting for government rules.
<i>Breakfast with Benjamin</i>: Supply and demand math could mean $10 oil. Plus: Eric Holder takes a parting shot at Wall Street, SEC filings show how hedge funds did and didn't navigate the markets, and it's hard to bet against sin stocks.
Sallie Krawcheck says online advice industry is filling a gap in the marketplace.
Texas-based Ellis & Ellis formerly was affiliated with Ameriprise Financial.
A typically conservative group, some advisers are holding back even as demand picks up.
According to new data, adviser headcount fell by 1.9% in 2013, as about 5,500 advisers left the industry and were not replaced.
Survey gives glimpses into the advisory demands of the next generation of clients
Former custody chief Durbin to run new Fidelity Wealth Technologies unit.
Now offering financing for succession plans and acquisition to indy RIAs.
The RIA that Moore started at 25 was the inspiration for the XY Planning Network’s model of fee-for-service practices
Ritholtz has been a leader in his use of social media, including his blog, the Big Picture, to promote his business
Fox created a business to train advisers in planning and documenting work processes
Former managing director Mark Hovanic has left the aggregator to be president of an RIA with $169 million in AUM.
Online broker says it can help advisers attract and keep younger clients.
The ex-champ has filed suit against his ex-financial adviser, claiming he embezzled $300K and cost the boxer millions in lost income. Oh yes — Iron Mike's also suing Live Nation.
Advisers cutting fees for managing low-yielding cash positions has become popular but critics, including a NAPFA compensation committee member, say the practice presents big conflicts of interest.
The custodian is planning to sponsor a grassroots effort among registered investment advisers to compete with brokerages when lobbying for their profession.
