“The new IRA services offered through DWS Rollover Central provide our participants and investors with more choice, convenience and control,” said Ron Cohen, head of DWS retirement services. “Employees who have separated from their employer’s retirement plan can effortlessly complete their IRA rollovers without time-consumer and complex paperwork, while researching their investment options.”
The inaugural "Wealthtender Voice of the Client Study" found that 89% of client reviews focus on relationships and emotional trust, while only 10% were focused on investment management.
Also this week, Focus Financial ups the responsibilities for some top executives and Advisor Asset Management appoints a new CEO.
Could an economic downturn slow the industry's record-setting pace of acquisition deals? Sure, experts say, but not by much.
Shrinking fees and expanded service offerings are squeezing financial advisors. Cerulli research says the problem will only grow over the coming year.
New tools help financial advisors with everything from logic to transcription, but many say it's not just about winning back minutes but also the quality of the output.
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.
