Portfolio

“Just because someone’s charging 1% doesn’t mean you should take them off your list,” an expert says.

Both pieces of legislation have caused sweeping changes to retirement planning and wealth management.

The firm’s diminished ranks are a sign of huge changes in the wirehouse world since the financial crisis ended.

In the first-quarter’s coronavirus-driven market decline, 94% of sustainable indexes outperformed, BlackRock research shows.

As liquidity disappeared amid the coronavirus-sparked mayhem, veteran fixed-income portfolio manager Gemma Wright-Casparius saw opportunities.

The firm's offerings will include a discount self-directed investing service, a team-based “virtual” advisory business and full-service financial advisors.

The company is known for helping fintechs connect to banks and wealth management firms. Now it wants to help the firms catch up.

“We didn’t need to physically travel to see that RBC was the ideal place to move our practice,” ex-UBS advisor says.

Many financial advisors aren’t aware of serious conflicts of interest affecting the majority of retail clients, Northeastern University Professor Nicole Boyson says in a Financial Planning Podcast.

“I’d say independence is resonating with advisors now more than ever,” says recruiter Jodie Papike.