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MetLife Inc., the largest U.S. life insurer, cut its advisor force by a third, eliminating 2,500 jobs as the company scales back variable annuity sales and turns to other nations for growth.
May 30 -
Royal Bank of Canada said second-quarter profit rose 26% as acquisitions fueled returns.
May 30 -
Investment Company Institute chief public communications officer Mike McNamee is speaking out in anticipation of the Securities and Exchange Commission hearing on money market fund reform.
May 30 -
If youre like most advisors, plan growth is one of your highest priorities. However, for many, growing a business is an elusive dream or a worst nightmare. The typical advisor spends very little time on outreach, relying instead on referrals or direct-to-plan-sponsor marketing. Ken Haman writes that this brute force marketing worked in the past, but plan sponsors have become increasingly unresponsive to it.
May 30
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Bring value on the very first contact. Bill Cates says it is a a simple concept that advisors often muddle. He offers three simple ideas to help provide value immediately to your new referral prospects.
May 30
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Despite recent stock market gains, wealthy investors remain ambivalent about the economy.
May 30 -
Your clients need you. They really need you! A new report released by FINRAs Investor Education Foundation shows why, and perhaps casts light on why financial planning has been ranked as one of the best careers.
May 30
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API Funds is focusing on building advisor tools with a new alliance.
May 30 -
The current run up in equities is indeed producing passionate arguments for both approaches, with advisors, managers and commentators from across the financial spectrum weighing in.
May 30 -
The long-held notion that community banks, by definition, provide exceptional customer service is getting debunked.
May 30 -
Small-business owners are generally satisfied with their access to funding and about one in five plans to apply for a loan in 2013, according to a new survey from Bank of America (BAC).
May 30 -
This was one initial public offering that Nasdaq executives sure didnt like.
May 30 -
Mutual funds attracted $7.97 billion for the week ended Wednesday, May 22, according to data from the Investment Company Institute.
May 30 -
The U.S. crackdown on Liberty Reserve is stoking fears that the government may effectively cut off digital currencies like Bitcoin as banks sever ties with businesses in this growing field.
May 30 -
The past five years have been difficult for many advisors, but it was also a time of opportunity, according to Michael Gatewood of UBS Wealth Management.
May 29 -
When Wells Fargo named Rick Folmar the company's second-best complex director for recruiting in 2011, he knew he had more work to do. "It's worse to be number two than it is to be number 20. If you're number 20, you never believed you could be number one," Folmar says.
May 29 -
Value is often difficult to quantify. When it comes to your jobs, how do you measure your value and overall impact?
May 29
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Mutual funds attracted estimated inflows of $7.97 billion for the week ended Wednesday, May 22, according to data from the Investment Company.
May 29 -
Decision making is a major part of financial planning and the more advisors understand it, the better off clients will be.
May 29 -
Robeco Investment Management has named Kerry James as head of institutional distribution, effective June 1.
May 29


