Practice

The wirehouse exodus continues, as a team of Wells Fargo advisors jumps ship for the independent firm.

Although their products have won on returns, nearly all the new jobs have gone to men since 2015.

Many are unaware that they are responsible for a majority of their medical expenses, aside from premiums and coinsurance costs.

Advisors may be upset due to the high-handed attitudes of the larger firms, but pulling down six zeroes a year can offset a lot of irritation, says On Wall Street’s annual recruiters roundtable.

By focusing on the relationship, RIAs can outdo automated investors — and charge accordingly, says CEO Joe Duran.

Clients who think they have lost their retirement assets are advised to seek help from the Labor Department or nonprofit pension counseling centers funded by the Department of Health and Human Services.

Two-thirds of firms don't know how to attract young people, a new survey reports.

The claim alleged negligence, fraud and misrepresentation, according to the regulator.

The “breadth and depth of relevant resources” from the home office serve as a critical differentiator, Cerulli says.

Performances of many long volatility strategies, many of which are made accessible via ETN, have been dreadful.