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Betterment CEO Jon Stein says his firm is adding 1,000 accounts a week to the tune of about 94,000 with a total of $2.3 billion AUM. Over 30% of assets come from clients age 50 and up, he adds.
June 18 -
RIAs Barry Ritholtz, CIO of Ritholz Wealth Management and David Lyon, CEO of Main Street Financial and Oranj say they've incorporated digital tools into their business models -- partly at the behest of their clients.
June 18 -
With roughly half of American marriages ending in divorce, advisors are likely to find themselves helping clients navigate the process. Financial advisor and divorce expert Michelle Fox warns advisors not to make clients promises they may not be able to keep.
June 18 -
The promise of a multimillion-dollar contract wont be a factor in whether Tim Duncan returns for his 19th National Basketball Association season, even though the San Antonio Spurs All-Star lost more than $20 million to what he says is a dishonest financial adviser.
June 18 -
More than two-thirds of brokerage and RIA executives say there aren't enough young advisors to go around, according to a Fidelity survey.
June 18 -
Four mistakes to watch for when doing a checkup on your client's portfolio. Plus: Knowing when to give up stocks, and how annuity withdrawals are taxed
June 18 -
The couples conundrum is a real risk for financial advisors, who need to get closer to couples and make a deeper connection with them, says Jennifer Pedigo, managing director for TIAA-CREF Asset Management.
June 18 -
The wirehouse pulled in recruits from rival firms UBS, Morgan Stanley, J.P. Morgan and Barclays.
June 18 -
Labor Secretary tells skeptical lawmakers fiduciary proposal is a needed investor protection, as industry representatives contend rules would force them out of retirement segment.
June 18 -
The new recruits had a combined $277M in client assets before making the move to the firm's employee and independent channels.
June 18 -
The Federal Reserve signaled a pickup in the economy is keeping it on track to raise interest rates this year, though subsequent increases are likely to be more gradual than anticipated earlier.
June 18 -
As advisors, women listen better; as clients, they want to be heard. On both counts, the time is now for women in the advisory industry.
June 18 -
Ideal Asset Management CEO Rahul Shah says the bond between advisor and client is strengthened best through proven performance.
June 18 -
Regulators are seeking to ensure that post-crisis rules and monetary policy arent creating a toxic brew thatll explode amid a sudden exit by investors.
June 18 -
How to help women in junior roles take the steps to become successful independent advisors.
June 18
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The Constellation deal underscores the importance of banks continuing to be major players in RIA mergers and acquisitions.
June 18 -
Advisors should review their employment contracts and other documents to make sure they won't incur liability for taking client information.
June 18 -
The brokerage model as the industry knows it may be pushed aside by a future fiduciary standard.
June 17 -
Firms seeking to cut a deal, whether buying or selling, need to understand these key considerations.
June 17 -
An advisor who oversaw $75 million in client assets left the wirehouse to join the super regional's independent channel.
June 17









