Industry

LongTail Alpha plans at least two strategies that may be available for clients in separate accounts or funds.

As volatility remains a real concern, advisers will need to continue to transition into holistic and goals-based advice.

The executive will oversee the development and implementation of business strategies across the bank's wealth management units.

CEO Tidjane Thiam, who joined a year ago, is shrinking the investment bank to free up capital for expanding Credit Suisse's wealth management business, cutting thousands of jobs in the process.

Steps firms can take to better serve advisers and become industry leaders.

The firm's decision has advisers and clients questioning the investment policies and maturity of the digital platform.

Automated advice can provide efficiency, but it is not going to be for every adviser, says LPL's chief information officer, Victor Fetter.

The acquisition enables Zurich-based GAM to introduce a computer-driven trading system focused on long-only and alternative strategies, the fund manager says.

Social media is included in regulatory requirements.

The proposed rule would require firms to have blueprints in place for natural disasters, cyber disruptions and transitioning clients if a practice winds down.