Annual levy for exchange-traded fund will be 0.55%, while fee for namesake mutual fund is 0.46%
As the financial advisory industry continues to evolve, more investment professionals and firms are embracing the hybrid registered investment adviser model.
Surprise, surprise: 85% of full-service investment firms' clients have never heard of, nor do they understand, the difference between the suitability standard followed by brokers and the fiduciary standard followed by registered investment advisers, according to a J.D. Power & Associates survey
Ah, retirement. Golf. Cruises. Leisurely walks. And getting financially abused by family members, strangers and businesses.
While the financial advice industry wrangles with regulators and lawmakers over a universal fiduciary standard, most investors are far more concerned about getting their phone calls returned
News that Jackson National Life Insurance Co. will curtail sales of its popular variable annuity products — likely by limiting investments — has financial advisers on the lookout for the next best thing and its competitors waiting with open arms for an expected uptick in sales
<a href=http://www.investmentnews.com/apps/pbcs.dll/section?category=datajoe&djoPage=summary&issuedate=20100423&sid=BD0426&djoProjId=10994&djoRecordId=290006>QA3 Financial Corp.</a>, an independent broker-dealer that was a leading seller of high-risk private placements over the last decade, in a recent lawsuit said its insurance carrier was pushing it into bankruptcy by failing to back up its coverage.
A federal certification would strain resources; some simple approaches help
The SEC's action last week in setting new deadlines for midsize financial advisers' switch to state registration should assuage many about the lack of a clear timetable
A raft of likely new taxes and rising taxes will hit the well-off hard in the wallet, say planning experts. How hard? Some can expect double-digit hikes. Yikes.
Planned regulations will hike the standard of care for those who advise DC plans. That should give RIAs a good chance of picking off assets from brokers and wirehouse advisers.
Limiting the size of their practices allows them to devote more time to clients
After five years, financial advisory firms move from the startup stage to adolescence, where they are faced with decisions that could affect their business for the next 20 years.
After five years, financial advisory firms move from the launch stage to adolescence, where they are faced with decisions that could affect their business for the next 20 years.
Powerhouses of the RIA industry - Jeffrey McCallum, David Barton, Ric Edelman and Tom Muldowney (clockwise)- tackle the industry's biggest issues.
A majority of surveyed global wealth-management execs said their clients aren't satisfied these days. Indeed, one industry adviser says many clients 'expect a lot more and tolerate a lot less.'
The road to success for advisers may be paved with small gifts and “thank you” notes.
David Blain's practice was five years old when he realized it was time to turn it from a one-man band into a quartet.
