The past decade, the first for <i>InvestmentNews</i>, has been a traumatic one for investors.
In the early 1990s, when I was in London, I ran across a weekly trade newspaper titled Money Marketing, aimed at British investment advisers.
Expect continued asset growth, more industry consolidation, competition and investment choices as well as broader participation in Section 529 college savings plans in the future, say state administrators of the programs, financial service executives and industry observers.
During the past decade, 401(k) plans have elbowed defined benefit plans to become the primary retirement vehicle for most Americans.
Over the past 10 years, the world of independent-contractor broker-dealers has been turned on its ear.
The grandest prediction being made about financial adviser technology is that in the next few years, much of the industry's software will speak the same language.
Aug. 17, 2006, was probably the happiest day in the history of the Section 529 college savings plan business.
"The marketplace always drives Washington," said Duane Thompson, managing director of the Financial Planning Association's Washington office.
What a difference a decade makes.
