Wealth management

It's unclear how automated investment platforms will perform during a major market downturn and what that could mean for advisors' bottom lines.

“The thundering herd is on the move,” boasts Andy Sieg, head of Merrill Lynch.

Money managers would be better off selling holdings at random, a study suggests.

By explaining the firm’s sources of revenue and expenses, a team can better understand how they impact profitablility.

The firm has lost more than 1,100 advisors since a phony accounts scandal came to light in 2016.

The law now creates a different method of caring for relatives while preserving the family’s financial plan, a John Hancock associate counsel writes.

The restructuring comes as a competitor enters wealth management data aggregation.

Many NEXT Financial reps would cash out their company shares while it boosts technology under a deal with Atria Wealth, the parties say.

The research firm’s headcount and related job forecast are based on a highly elastic idea.

The firm’s newest recruits come from Merrill Lynch and Wells Fargo.

Mark Wiedman’s takeover as head of international and corporate strategy could be a sign of larger changes ahead, a memo suggests.

Outside investors are ready to exit, CEO Joe Duran tells Financial Planning.

The retirement plan-focused group’s new OSJ had left the No. 1 IBD in 2017 and will grow to 160 advisors under the move.

Advisors Daniel Conners and Michael Crawford were looking for new tech and more comprehensive planning offerings for their clients.

BlackRock will see the largest reduction to its workforce since 2016.

The growing number of commission-free planners at IBDs doesn't necessarily fit the industry’s accepted definition, or its traditional categories.

Muni bonds are giving younger investors the opportunity to put their money to work in ways that they value.

New Chairwoman Susan John says the board is preparing for more cases due to its new standards and code of conduct.

Community property rules, how to divide 401(k)s and the nuances of QRDOs are just some of the specifics advisors should know.

Data reported by the Investment Company Institute.