Market forces may drive some of the reforms the Department of Labor sought to achieve under the Obama presidency—but a cadre of investors also remains committed to commissions.
The company has seen an upsurge in new plans moving to fee-for-service categories.
“Regulatory pressure increases the appeal of independence and the need to shift the active versus passive conversation,” according to a new report from Cerulli Associates.
However, the motivation for moving outside assets or DC plan assets to the provider varies, so recordkeepers should tailor their communications to different groups.
A new Cogent Reports analysis explores the strong difference of opinion about the DOL fiduciary rule visible across different advisory market segments.
The latest results of the Fidelity Advisor Investment Pulse survey show advisers continue to focus on implementation of new fiduciary controls across different elements of their practices.
“About 45% of households believe the financial advice they receive is free, or they are unsure whether they pay for financial advice, but there are several forces driving consumers’ attentiveness to fees,” according to a new study by Cerulli Associates.
Conventional thinking about product packaging and distribution just won’t cut it in tomorrow’s retirement advisory industry.
Experts in several discussions this week suggested organic market factors could take the place of DOL rulemaking that under the Obama Administration sought to raise the conflict of interest standards for advice.
Retirement industry executives overseeing one of the largest recordkeeping businesses around say they are optimistic for the future of DC retirement planning, whatever policies emerge from Washington.
Nearly one-third of investors globally say they would switch to Google, Amazon or Facebook for banking, insurance and financial advisory services.
With 40% of current advisers planning to retire within the next 10 years, analysts are searching for ways to recruit women advisers.
With the amount of advances in 2016, RIAs anticipate 2017 to see even more increases—despite rules that lie ahead.
The company also predicts continued changes in adviser fee models and stricter requirements for DC plan loans.
Clients are demanding new approaches to investing and new ways to address fiduciary risks; advisers are finding ways to oblige them.
Robo-advisers gained some traction in the DC industry this year, and many have come to see how the technology could work with, rather than against, traditional advisers.
Surveys show a majority of advisers believe they will continue to manage their clients’ money for multiple generations, even if they don't know the heirs.
Few know the Employee Retirement Income Security Act (ERISA) as well as ERISA attorneys; at PLANADVISER, we’re lucky to rely on some of the best in the business for insight and analysis.
How firm owners grow their business—with competitors’ help.
Data provided by Fidelity shows organic growth among RIA firms dropped again in 2015; yet there is reluctance to take on major change in terms of pricing and value proposition.