Recent Stories From This Author
May 13, 2013
Independent advisors should be preparing themselves more aggressively for sale and consolidation, a new study says.
May 8, 2013
Advisors who expect their clients’ wealth will grow over the years, and help them to build their practices along the way, are likely to end up disappointed, according to a new statistical analysis of data from 7 million clients representing $3.5 trillion in invested assets.
May 8, 2013
Firms looking to recruit hesitant advisors need to start wooing their families, a new Fidelity survey suggests.
April 19, 2013
Hundreds of employees of the country’s fourth-largest independent broker-dealer were directed to head to the firm’s emergency backup office outside of Boston Friday morning as law enforcement officials announced a citywide lockdown.
April 17, 2013
Genworth Financial Wealth Management will soon have new owners -- and a new name.
April 16, 2013
The new AIG Advisor Group system will allow its advisors’ clients to select a trusted family member or friend to help them make smarter financial decisions, explains Larry Roth, president and CEO of AIG’s Advisor Group, one of the largest networks of independent broker-dealers in the country.
April 15, 2013
Retirement income experts have a new professional designation to brag about.
April 10, 2013
Royal Alliance is adding wealth management firm JLTD Advisors of Chicago and Integrated Financial Group of Salt Lake City to its hybrid platform.
April 9, 2013
Company employees will head into the field next week to woo about 850 advisors from two broker-dealers that Cetera intends to acquire from insurer MetLife, says Cetera Financial Group CEO Valerie Brown.
April 9, 2013
The country’s largest RIA aggregator, Focus Financial, is hiring away an architect of one of the industry’s most successful breakaway stories.
April 2, 2013
Younger advisors are outpacing their elder peers in attracting AUM, according to a Fidelity study that surprised even its authors.
April 1, 2013
It takes a team to serve small business clients - so make sure you know how to be a strong quarterback.
April 1, 2013
A well-planned gathering can help your firm develop client relationships and strengthen ties with strategic partners.
March 28, 2013
The happiness of the independent advisor appears to be slightly overrated. By a slight but significant margin, advisors in RIAs aren’t as happy with their careers as those in wirehouses.
March 27, 2013
Barnaby Grist, Cetera’s executive vice president of wealth management and a high-profile hire from Charles Schwab in 2010, is stepping down to care for his parents in England and his wife’s parents on the East Coast, says a spokeswoman for the broker-dealer network.
March 25, 2013
Nearly half of all middle-class households spend all -- or more than all -- that they make every month, according to a survey by NestWise, LPL Financial’s new online planning service for middle-class investors.
March 22, 2013
Birds do it. Bees do it. Planners with complementary philosophies should probably do it. Coupling up, in the business sense, can increase income by 32% or more. So, how can you partner more successfully?
March 20, 2013
A former Massachusetts CFP and his colleague spent $1 million of their clients’ funds on personal expenses, including fast food, legal fees and ATM withdrawals at casinos, the SEC alleges.
March 15, 2013
When small business owners become successful, they become a magnet for questionable deals and speculative investments.
March 14, 2013
Founded in 2009 aiming to serve women with online budgeting tools and financial advice, LearnVest morphed into a mass-market RIA firm last year and now has its eye on growth.
