Practice

New technology is making it difficult for funds that fail to combine low costs, strong returns and brand equity to earn spots on investment lineups.

UBS advisor Michael Lorenzo is carefully eyeing “the impact that systematic strategies had on the markets, especially as 2018 is the new normal.”

The advisor and his alleged co-conspirators made $5 million in illicit profits off misappropriated information, according to prosecutors.

Even as BDs transition from their commission roots, too many still treat advice as a liability.

The government needs to improve cost-of-living adjustments to ensure that retirees can cope with inflation, says an expert.

Industry veterans and newcomers provide insight on the year’s leading challenges in regulations, technology and operations.

Elena Milianta joined the firm’s Alex. Brown division, which caters to wealthy clients.

The move comes as competitors cut prices to entice RIAs to leave the platform.

Studying leaders in other industries reveals many ways to be successful, says Merrill Lynch’s Stephen Bealer.

Succession planning, reputation and technology proved to be important in the decision-making process for these advisors.