Independence does not need to be defended or explained. The advisers who have gone independent — and become business owners — know very well why they made that choice.
One quote in a story by Jeff Benjamin in our RIA Rundown special report (<i>InvestmentNews</i>, May 31) caught my eye.
Robert Siegmann knew he had a problem on his hands when he and his co-workers found themselves orchestrating “secret” meetings to avoid dealing with a fellow adviser known for being particularly cantankerous.
Financial advisers find themselves dispensing calming words and holding hands with uneasy investors as the stock market extends its biggest decline in more than a year.
JPMorgan Chase & Co. wants to squeeze more business from its mass-affluent customers, and it's asking Barry Sommers, the former head of its brokerage unit, to lead the effort.
When financial advisers did their business post-mortems after the 2008-09 economic downturn, many were alarmed to find that their firms weren't well-prepared to handle such a crisis.
Says Bronx Bomber's co-owner owes Uncle Sam $670K; dispute stems from audit of MLB team's books
Few things are as certain in estate planning as this: Celebrity deaths are sure to generate plenty of business for lawyers.
From March 31, 2009, through March 31 of this year, the number of advisers at regional broker-dealers jumped 2%, from 39,791 to 40,738.
Many financial advisers assume that selling their practices to trusted junior advisers inevitably results in a smooth and easy transaction.
When John Krambeer left the brokerage industry in 2004 to start his own fee-based firm, the first few years were 'pure hell.'
Eighty-six percent of advisers surveyed recently by Fidelity Investments plan to expand their business this year.
After recently finding himself in the position of having to drop seven clients in 18 months, Taylor K. Ranker II decided he needed a better system for screening prospects.
The receiver for firms once controlled by jailed money manager Kenneth I. Starr sued filmmaker Martin Scorsese and his production company for about $600,000.
Kenneth I. Starr knew how to cultivate relationships with powerful people, and he did it in the most transparent way -- by serial name-dropping.
Several Morgan Stanley Smith Barney's top managers in New York have recently jumped to Bank of America Merrill Lynch.
