Practice

Private-equity firms, the exclusive money managers overseeing $3 trillion worldwide for the wealthiest investors, are discovering a new type of client: ordinary people.

Expanding its New England presence, the firm added a three-decade industry veteran in Connecticut.

MFS Investment Management has rolled out Class R5 shares for 40 of its US mutual funds. Class R5 shares allow MFS to offer a lower-cost share class option to plan sponsors of—and advisors working with—qualified retirement plans, including 401(k) plans. Class R5 shares, unlike many other share classes, do not pay sub-accounting fees.

Ultra-wealthy clients seek an advisor who can help them manage risk on a holistic level, according to Phoenix International Marketing.

As women increasingly find themselves as the heads of households, advisors find retaining and expanding their female client base is imperative.

As women increasingly find themselves as the heads of households, advisors find retaining and expanding their female client base is imperative.

When looking to spread the word about mutual funds and other investment strategies to Generation Y Investors, financial services firms should consider new media, according to Cambridge, Mass.-based consulting firm Cogent Research.

Want proof that advisors need to be engaging with social media? Consider the SEC’s decision this week to let publicly traded companies make material corporate announcements on sites like Facebook and Twitter.

By now you’ve likely mastered the big three: LinkedIn, Facebook and Twitter. What about all the other social platforms out there?

A capable and conscientious advisor can support small business clients by helping eligible entrepreneurs establish an Employee Stock Ownership Plan.