Some clients take years to fire their advisers
If the Labor Department has its way, say goodbye to the variable annuity industry as we know it. </br><b><i>(Related: <a href="http://www.investmentnews.com/section/specialreport/20160221/ANNUITY22016" target="_blank">Spotlight on Annuity Strategies special report</a>)</b></i>
Regulator launches target examination to assess compliance values and how they influence brokerages' ability to adhere to securities rules.
Policies and procedures which, when layered upon already onerous rules and regulations, fail to recognize advisers' years of experience and wisdom.
Plus: Most investors made money in March, negative interest rates could mean the end of cash as we know it, and re-writing office dress codes
Clients will appreciate candor, but they're not always prepared to apply what they hear.
Top-producing financial advisers have never been more sought after. The steady revenue and cross-selling opportunities of wealthy clients are highly valued by banks.
The Securities and Exchange Commission will be looking at ETF sales strategies, trading practices and disclosures, as well as suitability and sales supervision of variable annuities.
Updates for the latest version include features on client goals, life expectancy, household risk tolerance, health care and Social Security.
A lesson in responding to a heckler while participating in an industry panel
Client retention and creating a service-based strategy for a seamless transition are paramount.
The new exec is taking place of founding chief executive Edmond Walters, who stepped down in September
Called 1888 Management, the firm scouts for personal investments for the Kochs.
The hire gets a thumbs up from advisers, based solely on his technology background
It pays to understand any governance structures already in place to ensure they meet expectations for every type of client.
Fidelity Investments has set its sights on the ultimate data dashboard for its advisers, likely using eMoney Advisor's technology and the financial planning software's relationships with custodial competitors.
Initiative will link mentors with those studying for CFP mark in an attempt to address gender gap in financial planning.
Advisers won't have a choice when it comes to picking up new tech to serve smaller accounts.
Distribution of more variable annuities in an advisory rather than commission environment could play out as a result of Labor Department regulation.
<i>Breakfast with Benjamin</i> If the data is correct, women's investment returns have been trouncing men's for nearly a decade.
