Yet another slowdown in growth comes as the industry faces increasing regulatory costs related to the <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">DOL fiduciary rule,</a> according to an annual benchmarking study by <i>InvestmentNews</i>.
The fintech start-up is creating an investment platform that uses a proprietary algorithm that considers women's earlier salary peaks and longer life spans.
They made up 26% of buyers in first half of 2016, up from 11% in the first half of 2015
MAXIMAI will focus on ultra-high-net-worth clients internationally.
Agency says it will pay particular attention to firms that employ advisers with rogue histories at broker-dealers to ensure the hires are properly supervised. <b><i>(More: <a href="http://www.investmentnews.com/article/20160612/FREE/160619986/firms-on-the-hook-for-hiring-bad-brokers"_blank">Editorial: Firms on the hook for hiring bad brokers</a>)</i></b>
Private equity had the biggest rise in asset class allocation in family office portfolios.
The funds merge active-management strategies with low cost, passive structure.
The firm is most focused on RIAs that don't want to sell but will pay for its services.
Tweaks to new rule mean details of disputes may surface.
RIAs, wirehouses exploring new ways of connecting with clients online.
Thirteen advisory firms repeated unsubstantiated claims about investment performance.
Priorities include business continuity plans, cybersecurity and fee disclosure.
Age-based plans for this year's freshmen don't always get high marks. New York, Pennsylvania and Iowa funds get an A, but other states have more homework to do.
Coming off a gloomy 2015 of weak revenue growth, the forecast for this year is for more of the same.
Paul Mata gave presentations to church groups promising “Finances God's Way,” the SEC said.
SEC-registered advisers reach record number of clients through automated investment models and mobile apps. <i>(Plus: For more on the pros and cons of going robo, <a href="http://www.investmentnews.com/section/video?playerType=PracticeMakeover&seasonID=PM04&bctid=4680106199001&date=20160111" target="_blank">watch this video</a>.)</i>
Nearly three years after he was thrown out of the securities industry, the adviser has filed another appeal.
The agency is particularly interested in conflicts of interest where the adviser is also a broker-dealer or affiliated with a broker-dealer that gets fees from sales of particular share classes.
