Practice Management

Fee compression hit recordkeepers first, then asset managers. Advisers are next, experts agree, but they can learn some important lessons from their service provider partners.

Deal volume and value eased during the third quarter after an “unprecedented” first half of 2019.

One adviser charges a flat fee up to certain asset levels, and then additional basis points as plans grow, while another emphasizes the detailed, time-intensive fiduciary work he does for clients when asking for a fee increase.

Advisers need to balance the many demands on their time that come from running and expanding a practice. 

Plan advisers and adviser teams looking to be considered for our 2020 Top 100 Retirement Plan Adviser listing must complete the first step in this process by end-of-day Wednesday, September 25.

Craig Hawley, head of Nationwide Advisory Solutions, also explains how successful advisers are using AI.

PCS and Aspire, both founded nearly two decades ago with the common goal of providing specialized services to investment fiduciaries, will join together to achieve the benefits of scale in an increasingly competitive marketplace. 

One element of the cybersecurity discussion that is often overlooked is that the biggest threat to many advisory firms is not actually to client accounts but instead to the advisory brand.

An interest in consolidating wealth management and institutional businesses drove many advisory industry M&A deals in the second quarter.

Investors compare the service they receive from wealth management firms to the type of service they get from consumer goods and technology behemoths.