Industry

Three index funds may be all clients need. But that's rarely what they end up with.

The wirehouse said recently it plans to stop recruiting experienced advisers, but made an exception if talks with recruits started before June 1.

Advances in technology and better informed clients are forcing firms to adapt their strategies to a changed business environment.

Overall, the nation's wealthy are expected to add to their growing fortunes in the years ahead.

What’s a planner to do when clients say their child, a new advisor, is asking them to invest?

One key factor is the adviser’s tone during the exam – is it conciliatory or defiant? And remember, the examination and enforcement divisions know each other.

So far this year, at least 9 banks switched their investment services programs to new third-party broker dealers. One outsourced its broker-dealer operations to a TPM for the first time.

As part of a new alternative investments group, the recruits’ focus is to help customers place money into hedge funds and private equity strategies.

RIAs using digital platforms will face scrutiny about disclosure and client communications.

Nontraditional offerings are becoming critical for differentiation, says a new Schwab study. Advisers will also need to provide more services for the same fee, says Bernie Clark, head of Schwab Adviser Services.