The board of directors for a
Scudders International Research Fund has performed so dismally that
The issue is now in the hands of shareholders, who will decide at a meeting scheduled for March whether they want to kill the fund. The board closed the fund to new investors on Tuesday. If shareholders approve the proposal, the product is expected to shut down around mid-May.
Scudder officials could not be reached for comment.
The days of a few firms hiring a summer intern with vague plans for them to perform menial tasks around the office may be finally coming to an end. Here's how experts say RIAs can create successful internship programs.
Succession planning experts say that the possible next generation of RIA owners need clear communication, tangible career paths and thoughtful compensation plans. But that is often easier said than done.
Cognitive decline is a difficult topic to raise, but advisors who plan ahead can protect clients' finances and autonomy before a crisis hits.
UBS wants to keep its advisors happy and in their seats. As a result, its 2027 compensation policies avoid the usual grid-update mixture of "good news, bad news."
Industry lawyers and experts say the latest wrinkle in a long-running LPL-Ameriprise recruiting dispute shows why advisors should strongly consider retaining their own legal counsel when changing firms.
Nearly half of respondents reported plans to claim benefits early, with many citing fears about the health of the Social Security program.
