More advisers usually means more overall revenue, but not always. See how the third-party marketers compare on both metrics in the bank channel. The top name on the list probably won't be a big surprise, but there are a few twists and turns on the way there. In one case, two firms tied in adviser market share so we listed them according to revenue market share.
Certified financial planners will pay an additional $120 a year for the CFP designation, starting in October. The CFP board said the fee hike will help fund expanded advertising efforts.
Adoption of these applications has grown exponentially, but some advisors and attorneys say caution is warranted.
Industry experts say Edward Jones was at risk of being left behind if it didn't offer access to investments that are becoming 'table stakes' for large wealth managers.
UBS' Americas unit benefited from a swift uptick in client transactions in April, but that activity has since subsided, CEO Sergio Ermotti told analysts.
Novel legal theories and a lower bar for plaintiffs could unleash an explosion in ERISA-based lawsuits against 401(k) plan providers.
Financial planners who take their customers through a difficult calculation can add a lot of value that may sometimes get overlooked in the profession, one expert said.
