Although its wirehouse rivals are keeping their electronic drawbridges closed to social media, Morgan Stanley Smith Barney LLC last week became the first major Wall Street firm to allow its financial advisers to use popular networking websites
Winning new business is a delicate dance of positioning yourself, engaging your audience and earning a significant amount of trust in a very short period of time
New regulations aimed at ending the cozy relationship between government and those who advise the government on investment matters sound good on first blush. But as firms have discovered, the devil's in the details.
The first question advisers often ask me is, “What exactly can I do with social media?” While the compliance constraints everyone talks about are real, there are a number of strategies you can implement that will have a tremendous effect on your bottom line
Pay-to-play rule one more reason to steer clear of the topic; but what about right to free speech?
Turnkey technology and wealth management provider Envestnet Inc has entered into an agreement to acquire the U.S.-based portion of FundQuest Inc. from BNP Paribas Investment Partners for $24.4 million in cash for all outstanding shares of the firm.
Financial advisers expect to ramp up hiring this year, but job hunters who want to get ahead of the pack are advised to look at the hiring process from the employer's point of view
Credit Suisse Asset Management LLC has nabbed a key executive to oversee its distribution in the wealthy and third-party retail channels.
The Vanguard Group Inc. and Fidelity Investments top a list of firms in the asset management industry ranked by how well they use social media.
The following is an edited transcript of the webcast “Key Findings of the <i>InvestmentNews</i> RIA Technology Study,” which was held May 5
Active users -- undeterred by regulatory hurdles -- say they are attracting clients using social media. Moral of the story: don't procede at your own risk.
History is unimportant in assessing clients' future investments, says UMass professor Thomas Schneeweis. What is important? Sussing out risk.
Offerings such as Flat Fee Portfolios aim to help advisory firms by taking over cumbersome smaller accounts that don't generate large charges. So why aren't said firms jumping at the offer?
Growing frustration over prospective hires' professionalism, honesty — and comp demands; 'deficient passion for the industry'
You know the facts: 10,000 baby boomers are retiring each day, a significant number of pre-retirees change financial advisers within five years of retirement, and 401(k) rollovers don't necessarily wind up under the management of long-term advisers
The toughest breakups are the ones where both parties involved still care about each other, but circumstances force them apart
Digital imaging of clients in their golden years brings retirement needs into sharper focus, a researcher finds
A new survey reveals that four out of ten affluent investors prefer to manage their own money. Nevertheless, the web is still not seen as a threat to advisers. Why?
