Mass affluent

Joe Duran outlines the company’s strategy for its mass-affluent advisory push.

The value advisors provide has not been historically aligned with the price clients pay. That’s changing, says the Facet Wealth CEO.

The investment platform, which is in the early stages of development, will be part of Marcus, the firm's consumer bank.

The market can't go up indefinitely, says Facet Wealth CEO Anders Jones, who predicts RIAs looking to fund growth-by-acquisition might find themselves cut off.

For potential landlords, owning rental property can sometimes be managed from a laptop or even a phone.

Copying big banks, smaller institutions are pairing with robos to meet changing mass-affluent preferences in long-term investment products.

Bank of America has plans to expand the self-directed platform’s reach even further.

Banks are opting for a hybrid approach, augmenting in-person advice with digital guidance.

The bank recruited a wealth executive from J.P. Morgan Chase to “continue accelerating the unit’s pace of growth,” it said.

Speculation grows that any retailer with a robust e-commerce platform, physical ubiquity, brand awareness and trust could become a wealth management player.

Geography, occupation and family size will determine whether the bill helps or hurts.

For some clients, the amount of income that would fall into the zero tax bracket will increase by 3%, a far cry from the doubling that's been ballyhooed.

Planners share how they are finding new revenue streams for their business.

While most of the wealth management industry migrates to the higher net worth clients, CUNA sticks with its credit union base. In fact, it’s looking to expand its footprint.

While the markets soar, the high-net-worth crowd looks to Washington and is not pleased with what it sees.

The bank sees the greatest growth coming from its own customer base, particularly the emerging affluent.

Commission-based investors want to keep their accounts, regardless of the fiduciary rule.

Branch traffic is down, but the typical middle-market branch customer is not the best prospect for advisers anyway.