Practice

The custodian is introducing a subscription fee and zero-commission model for advisors.

“The only reason why I could see them doing that is shame,” one critic says of the move; the board calls it an important shift in the conversation about fiduciary care.

Wealth management firms have a “massive opportunity” to use new methods of reaching clients and the wider industry, FiComm Partners CEO Megan Carpenter says in an episode of Financial Planning’s In|Vest Podcast.

Almost 50% associate negative emotions with the practice. Here’s how planners can help.

Both recruits had a long history with wirehouses before trading them in for the regional broker-dealer.

All travel requests need special approval and existing international travel plans would need re-approval, according to a company memo.

A client's lawsuit claims the snafu caused users of its app “to miss out on some of the highest single-day market gains in recorded history.”

The client, Moises Cosio, is a filmmaker and the scion of a Mexican banking and real estate fortune.

Aside from refinancing, retirees are advised to consider downsizing their homes to reduce overall spending.

Finally, I was able to talk openly about how financial services can be more inclusive of women and people of color. But did I have to leave to do so?