A majority of young investors believe human advisers can generate a better ROI than robo-advisers, a recent survey finds.
Tag: Business model
Advisers can also use the platform to move clients from a fully-automated solution to a more collaborative arrangement as needs evolve.
The firm hopes its relaunched gender and cultural diversity programs aimed at attracting and retaining people from more walks of life to the advisory industry can help to address a major national challenge.
The financial services and retirement advisory industry has collectively invested tens, if not hundreds of millions of dollars in the last decade to boost the use of big data technology; one researcher asks how it’s all paid off.
A study by the CRR finds that while there are several sources of financial assistance for those suffering from cognitive impairment, some of these are underutilized.
Cetera Expands Retirement Business; Mercer Expands Leadership in Detroit Office; OneAmerica Names West Coast Relationship Executive.
The firm is launching a new website and digital tools to help advisers market their practice to retirement plan sponsors.
A new report, “Everything You Wanted to Know About BICE But Were Afraid to Ask,” offers plan officials key insights on the requirements of the fiduciary rule and the best-interest contract exemption.
Two decades ago the firms that were part of the same North Carolina holding company parted ways; now industry pressures and opportunities of scale have brought them together again.
Greater use of centralized portfolio management means advisers are under pressure to prove their value in other ways, such as offering financial wellness programs.
At a time when broker/dealer margins are being tightly squeezed, the company estimates the transaction can generate $75 million to $100 million of “EBITDA accretion.”
But, as the ranks of advisers nearing retirement grows, there is a need for formal succession plans, TD Ameritrade says.
A former Great-West Investments president will take the lead at Ascensus, which is undergoing a structural transformation.
Elite retirement plan advisers are using new and proven tactics to meet the growing demands of plan sponsors in an evolving industry.
Some define it in monetary terms, and others as a state of well-being.
Ron Cohen, head of DCIO sales at Wells Fargo, compares the surprisingly wide gap between what plan sponsors expect from their advisers versus what advisers generally prioritize.
A lawsuit filed by UBS against a number of former brokers—accused of too aggressively soliciting old clients immediately after going independent—shows plan participants aren’t the only source of potential litigation.
As more employers embrace the new “gig” or “flex” economy, the ranks of part-timers, including independent contractors, will continue to rise. Will employers change their retirement offerings?
Financial services firms are increasingly adopting technological tools, but consumers seem to still prefer a human face behind the machines.
Some firms also report handling certain rule preparations or implementation activities poorly in some ways and well in other ways.