Industry

Financial advisors who specialize manage nearly double the client assets of their peers, according to a study of 7,000 advisors conducted by research firm Cerulli Associates.

J. Michael Evans, a vice chairman who ran emerging markets and was seen as a potential successor to CEO Lloyd C. Blankfein, is retiring after more than 20 years at the bank.

Saying the new cash will be used to fund growth, CEO Joe Duran targets $200 million to $250 million in annual revenue.

In a highly competitive industry, one of the most common questions advisors face is: How do I differentiate myself? Here are twelve steps to help you stand out from the competition.

In seven years, Focus Financial has grown to $65 billion in AUM from $3 billion. CEO Rudy Adolf shares the company’s growth strategy.

From a relationship standpoint, social media and the financial advisory business are a perfect complement to one another. But social media presents serious compliance issues for firms and advisors.

The CFP Board “cannot justifiably act as both a regulator for continuing education providers and as a CE provider themselves,” FPA president Michael Branham said to a burst of applause Sunday at the general session of the association’s annual conference.

Raoul Weil, the fugitive former head of UBS AG’s global wealth management business, was arrested in Bologna after checking into a hotel under his own name and triggering an alert to Italy’s authorities.

Financial planning “is still a relatively young profession with a lot of growing pains,” according to the incoming president of the FPA.

The brokerage added five advisors from Wells Fargo and opened three offices.