Both brokers and insurers bear responsibility for the suitability of variable annuity sales, but at different points in the sales process, industry officials said at a conference last week.
Your Silver Bullet is creating a single standard on which members can base future software projects.
Advisers and the vendors serving them agree the Internet — first as a communication tool and later as home to numerous hosted applications — is the single most important technology innovation affecting the industry in the last decade.
Wirehouse brokers have had to respond to many changes in the industry in the past decade.
Considering that the age of the typical financial adviser is between 52 and 60, it is safe to assume that a tidal wave of advisers will exit the business over the next 10 to 15 years.
A combination of regulatory developments and court cases since 1998 has molded annuities and insurance products into what they are today — and that development continues.
Merrill has hired John Tyers, formerly one of the heads of Bear's defunct clearing and custody business.
The mutual fund industry, buffeted by volatile markets, unprecedented scandals and new competition, has had a tough time over the past 10 years.
The custody business has evolved over the last decade.
Over the past 10 years, the world of independent-contractor broker-dealers has been turned on its ear.
Now that you have identified several lifestyle event topics, it’s time to start planning for the event itself.
"The marketplace always drives Washington," said Duane Thompson, managing director of the Financial Planning Association's Washington office.
Competition is stiffening among firms that keep assets under custody — and that situation could lead to cheaper, faster and better business for independent registered investment advisers.
The grandest prediction being made about financial adviser technology is that in the next few years, much of the industry's software will speak the same language.
E*Trade is wrapping up testing of its mobile platform, E*Trade Mobile Pro, for use on BlackBerry smart phones.
Pershing LLC subsidiary iNautix LLC on Wednesday will introduce a next-generation document management solution geared toward introducing broker-dealers, investment professionals and independent registered investment advisers.
Broker-dealers are expected to keep getting bigger, but turning that growth into profitability will remain a challenge, according to a new study.
On a recent cross-country flight, I sat next to a gentleman employed by a large technology consulting firm that assists Fortune 100 companies in implementing multimillion-dollar systems.
Ethanol, wind farms and other green technology might prove more beneficial to the environment than to investors.
Laserfiche, an electronic-document-management system firm, announced this the latest version of its software.
