Draw your own conclusion, but high-profile RIA Edelman Financial is bailing on the indie-rep business. In explaining the move, co-founder Ric Edelman called the indie B-D channel 'severely flawed,' adding that many broker-dealers will have trouble surviving.<br><b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110923&Category=FREE&ArtNo=923009998&Ref=PH>What top RIA execs make</a>
Fifth deal for form this year
EFG and Burns Advisory merge; 'scale in this business is key'
As The Charles Schwab Corp. officially begins promoting its new Independent Branch Services franchise program, observers wonder how the firm will pull off the ambitious plan to expand its footprint with independent contractors
Ranked by 2010 assets under management
Ranked by 2010 assets under management
It was a good quarter for the giant asset manager. Income soared, assets under management climbed, and the exodus of Barclays clients slowed dramatically.
A parade of Industry experts and regulators testified in front on a Congressional panel today on whether investment advisers need a self-regulatory organization. The upshot? An SRO is necessary -- and Finra may be the best bet for the job.
A Brookings Institution proposal would take away Americans' variable tax breaks on retirement contributions in exchange for a flat tax credit to be deposited automatically into the saver's account.
Attendees at annual convention urged to diversify their workforces; 'you have to be willing to be uncomfortable'
Marty Kurtz is trying to bring cultural change to the association
Breaking away can be a daunting proposition. Here's what to do — and not to do.
President Obama made the lives of advisers, accountants and taxpayers easier today by removing the burden of having to get permission to use trademarked tax strategies.
Dozens of athletes planning to participate in the Ironman U.S. Championship in New York and New Jersey got a lesson in courage from one of their own: John Hyland, managing partner of Morristown Financial Group.
Only 37% of advisers are now bullish on the stock market, compared with 56% last January, according to a survey Schwab Advisor Services. Cash, fixed income, gold and foreign currencies are the only four asset classes in which advisers are likely to invest more.
Advisers, beware: The dramatic run-up in the price of gold, coupled with increased fear of more economic and market downturns, makes clients especially susceptible to gold-related investment scams
The modestly sized jobs plan President Barack Obama proposed last Thursday, if passed by Congress, might be good news for many financial planning and investment advisory firms, but it seems unlikely to do much for most of their clients
If you've set on a path to expand your business, you might be racking your brain trying to think of ways to attract new clients.
Bill Gross, founder of Pacific Investment Management Co., said President Barack Obama's plan to stimulate the economy with more than $300 billion in tax cuts and spending is inadequate.
