Advisers know technology can improve efficiencies and foster strong client relationships, but some are finding the latest tools don't always deliver as planned.
The firm will announce details of its strategy to comply with the DOL fiduciary rule in the next two weeks. <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">The most up-to-date information on the DOL fiduciary rule</a>)</i></b>
Advisers can improve client outcomes and make their own lives easier by practicing one or two new techniques.
Average adviser has roughly 1,800 hours available in work year, but approximately 60% of it spent 'on crap,' Pershing's Tibergien says.
The best practices program will require advisers to charge reasonable fees and disclose them.
The custodian and clearing firm is quietly building an offering of digital advice integrations it offers its clients.
Plus: Congress paves the road to becoming filthy rich, NextShares gains traction, and banking on a Clinton victory
Planning centric digital advice solution part of new Fidelity platform for advisers.
Jeffrey Howell allegedly overvalued a UBS customer's account by as much as $3 million.
CFO Paul Donofrio says the bank's decision "creates significant flexibility for our advisers, and we're delivering fiduciary, best-interest advice to clients.” <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-faq" target="_blank">A comprehensive, searchable database of advisers' fiduciary FAQs</a>)</i></b> .
Tech experts are showing, not just telling, advisers that they are vulnerable to online threats
Despite record enforcement at the agency, the senator focused on Ms. White's 'brazen conduct.' <b><i>(More: <a href="http://www.investmentnews.com/article/20160904/FREE/160909989/why-financial-advisers-hate-elizabeth-warren" target="_blank">Why advisers hate Elizabeth Warren</a>)</i></b>
The broker wired funds to a business account to pay himself a higher salary, unearned commissions.
They have higher incomes and more assets than the general population, but fewer than one in five Asian-Americans has a financial adviser.
Planners are tweeting and posting to the web more &mdash; and many are gaining new clients from the effort.
Laurence I. Balter, founder of Oracle Investment Research, also allegedly charged clients both an advisory fee and a fund-management fee.
Plus: Revisiting the Janus-Henderson marriage, don't chase that record-setting IPO, and Curt Schilling aims to strikeout Elizabeth Warren
LendingRobot allows planners to create client accounts with unique risk and investment profiles.
Could it be that higher-status people are just more likely to whine when things don't go their way?
Lessons can be learned from larger firms that have completed Finra's examinations, and from the safeguards they've built to avoid future problems.
