RIAs Say Recruiting Talent as Challenging as Recruiting Clients
A study released by Pershing Advisor Solutions LLC found that challenges and priorities have changed for RIA firms in the last two years.
Practice Management
Perspectives by Matt Smith
The Seven Habits of Highly Ineffective Retirement Plan Advisers
More than Investment Management: HNWIs Want Comprehensive Services
Capturing high-net-worth (HNW) clients is increasingly focused around a holistic financial outlook rather than generating good investment performance, according to the latest edition of 'The Cerulli Edge—U.S. Asset...
Financial Literacy Help Might Be Key
Some 43% of U.S. respondents to an employer survey by the International Foundation of Employee Benefit Plans (IFEABS) said they offer financial education/literacy programs for their workers.
School Employees Protest against 403(b) Vendor Limits
Similar to the protests in New York, teachers in Newport News, Virginia, are pushing back against their administration's efforts to limit their choice of 403(b) plan vendors.
Vanguard Says Re-enrollment Could Help
Participants in defined contribution plans might benefit from re-enrolling into a qualified default investment alternative (QDIA), according to a Vanguard study.
Teachers Union Wants to Keep Adviser Choice
The Utica Teachers Union opposes a decision to limit the district employees’ choice of a financial adviser.
IMHO: Discontent “Ed″
In another week (or so), PLANSPONSOR will publish its annual Defined Contribution Survey.
Once a Wirehouse Adviser, Always a Wirehouse Adviser?
Wirehouse advisers seem to like the idea of going independent—but few actually do it.
Generation Yers Go Their Own Way
Advisers could take note that members of Generation Y might like to make their own investment decisions, but they are also interested in more sources of financial information...
Competition for Advisers Heats Up
Brokers are receiving incentives to switch firms, and the independent route is looking more attractive, according to research from Fidelity Investments and National Financial.
Rollovers Lead to More Opportunities for Advisers, Manufacturers
A new report indicates that rollovers are a growing share of adviser businesses, even as they use it as an opportunity to reach beyond the initial rollover “event″.
Advisers Help Grandparents with College Savings
Grandparents want help from advisers creating a savings plan to contribute to their grandchildren’s college education, according to research from The Hartford.
Guiding Participants through Ups and Downs
Just telling participants to “stay the course″ might not be enough.
Some 401(k) Sponsors Still Fans of Unbundled Services
The defined contribution investment only (DCIO) market composes 12% of all 401(k) plans, or approximately 63,000 plans, according to a Spectrem Group study.
RIAs Well-Positioned for Future Mutual Fund Opportunity
Looking ahead, mutual funds could come out the winners of the current financial crisis, according to a new report by Strategic Insight.
CFP Clients Stick to Strategy
As economic turbulence has been on the rise, many financial planners say they are seeing an increase in potential clients.
A Surge Ahead for Retail Wealth Management
Retail wealth management, particularly in the fee-based arena, could come out of the financial crisis much stronger, according to a recent TowerGroup report.
How to Manage Affluent Investors in Financial Crisis
As the main source of financial information for affluent investors, advisers can help them move through the crisis.
Ex-Fidelity Workers Strike Deal on Gift Probe
Eight (mostly) former employees of Fidelity Investments have reached preliminary settlements with the U.S. Securities and Exchange Commission (SEC) in a gift-taking probe, according to Reuters, citing court...