Howard J. Stock

Average fee and commission production drops 22% from April, which benefited from fee accounts’ quarterly payment schedule.

June hires turn positive thanks to aggressive recruiting in all positions by the industry’s largest firms.

Morningstar says that Hartford needs to cut fees more to truly compete.

The San Diego-based company, which announced it was going public in June, hopes to expand its network of financial advisors.

Reports by EBRI and LIMRA suggest a looming retirement income crisis could still be averted in some cases by advisor intervention.

Securities and Exchange Commission Chairman Mary Schapiro said in a speech on Friday that she personally backs a blanket fiduciary standard for advisors.

A new Cerulli report suggests advisors would find unified managed accounts more palatable if they gave planners more control over the assets.

Griffith and Grubb “upgrade” sales management in Fifth Third’s Midwest footprint while Woods breaks ground in its southern territory.

Fiduciary Trust hires Mary Davis as senior account manager and Lisa Marcus as business development officer.

Advisors with a sympathetic ear can find planning opportunities helping wealthy clients worried about higher taxes and market uncertainty.

After a week of fierce wrangling, the House and Senate reach a shaky compromise over fiduciary bill.

While big banks are having more success open new accounts, many new customers don’t plan on sticking around after they’ve received the promotional gift that lured them in.

While half of RIAs’ new business comes from referrals, only 20% of advisors ask clients and centers of influence for leads.

Bank Investment Consultant and New York Life/MainStay Investments honor the nation’s top program managers in New York.

Spectrem Group’s latest report finds many investors are satisfied with advisory firms’ communications regarding fees and variable products.

Wealthy individuals now hold more of their assets in IRAs than employer-based plans.

Increased client scrutiny over what they pay wealth managers for could spell the end of commission products at some firms.

Bob Ellis, former president of Novarica, will develop an academic program on finance and investing for the school.

While April’s sales couldn’t compete with March’s rocketing success, quarterly fees buoyed overall performance.

Surveys of wealthy investors show common themes of concern, optimism and a need for guidance from financial advisors.