Many fee-based advisers leaving money on the table; cheaper rates do not bring in more clients
Many financial advisers are finding out that they aren't as fluent in English as they thought
Advisers have an additional four months to prepare “plain English” brochure supplements about their investment personnel thanks to an extension granted by the Securities and Exchange Commission late last month.
Todd S. Thomson, Citigroup Inc.'s former head of wealth management, lured a top Bank of America Corp. financial adviser with $5.9 billion in client assets to join a new business that caters to independent advisory firms.
When Brian O'Neill decided to set up his own registered investment advisory practice, he hired compliance consultants to help him file his SEC registration
The Labor Department and representatives from service providers and pension advocacy groups sparred last week about whether presenting a retirement plan with a fund lineup constitutes investment advice
Are you familiar with the Wells Fargo Profit Formula program? It was designed and originally launched by Wheat First, the Richmond, VA based regional broker dealer bought out by First Union in 1997. Wachovia and First Union merged in 2001, and Wells saved Wachovia from collapse in 2009.
Once, big firms battled other big firms for the best advisory talent. Now, smaller firms are nipping at their heels as well.
It is time for the Securities and Exchange Commission to set an even more rigorous net-worth standard for “accredited” investors than the requirements set forth in the Dodd-Frank financial reform law
Flooded with last-minute calls from registered investment advisers who haven't filed their new plain-English ADV Part 2 forms, compliance consultants estimate that a third or more of them will miss the Securities and Exchange Commission's Thursday deadline
Investment advisers took to their phones or e-mail to answer client concerns about the possible effect of the crisis in Japan on their investments and on the U.S. recovery in general, according to an InvestmentNews website poll conducted this week.
A new rule aimed at making the financial advisory business more understandable to clients is giving advisers a headache.
Many fee-based advisers are under-charging for their services and cheaper rates do not bring in more clients, study finds
Reluctant to entrust their financial assets to any one financial adviser, the nation's top tier of investors is spreading its wealth. In fact, new research shows that well over half of wealthy clients now work with at least five advisers.
Purchase of Zirkin-Cutler biggest acquisition to date for roll-up firm
Mary Schapiro, chairman of the SEC, cannot be surprised that she is taking heat from Congress for hiring a general counsel who played a role in determining how victims of Bernard Madoff would be compensated, even though he had benefited from an investment with the notorious financial criminal
The largest, fastest-growing, and up-and-coming registered investment advisory firms.
Alan Harter's clients started suggesting more than two years ago that he should cut his Wall Street ties and become their independent investment adviser
