Advisers Have Consultant-Like Qualities
Cerulli Associates’ latest U.S. asset management research found top-tier retirement specialist advisers share more in common with institutional consultants than with other advisers.
Tag: Business model
J.P. Morgan Reorganizes Sales Force
J.P. Morgan Asset Management completed a reorganization of its Retirement Plan Services sales force to be fully aligned with retirement plan advisers.
CAPTRUST Continues Expansion
CAPTRUST has added four retirement industry veterans to its team of advisers and opened an office in Kansas City.
Independent Advisers Better Off Financially
More than three-quarters (76%) of financial advisers who moved to an independent business model report they are better off financially, according to a Fidelity Investments study, “Fidelity Insights...
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PLANADVISER’s 2012 Top 100 Retirement Plan Advisers
Illustration by Nigel Buchanan Last year, we introduced the PLANADVISER Top 100 Advisers, a listing of the advisers and adviser teams competing for the annual PLANSPONSOR’s Retirement Plan...
AUL Opens Seattle Office
The retirement services division of American United Life Insurance Company (AUL), a OneAmerica company, opened a regional sales office in the Seattle area.
New Guidebook Available for Advisers
Pershing Advisor Solutions developed a new guidebook called Developing a Sustainable Business and Succession Plan: An Independent Advisor’s Guide.
Merrill Lynch Advisers to Focus on $250k Clients
Merrill Lynch advisers will no longer get paid on new accounts that total less than $250,000, according to published reports.
TCW Group and Gundlach Reach Settlement
The ongoing legal battle between the TCW Group and Jeffrey Gundlach appears to have reached an end.
Russell Develops System for Improved Plan Design
Russell Investment’s Retirement Plan Architecture System takes a three-pronged approach to retirement plans: selling, implementing and servicing plans.
Nuveen Offering Advisers Helps with DC Market
Nuveen Investments is launching a business development program for advisers looking to expand their practice into the defined contribution retirement plan space.
CAPTRUST Acquires Houston Advisory Firm
CAPTRUST is expanding into Texas with the acquisition of Cobb Retirement Solutions.
Adviser Interest in Retirement Plan Assets on the Rise
Whether advisers are heavily, moderately or lightly invested in the retirement plan space, all are hoping to capture more plans in 2012.
Strong Value Propositions Biggest Trend among Advisers
Through a national “listening tour," Transamerica Retirement Services has identified the most common trends among financial advisers in the retirement industry.
AllianceBernstein Hires Exec for Business Development Team
AllianceBernstein hired Edmund Grant as a managing director for business development and client services for institutional investors.
Asset International Acquires Segments of FRC
Key product lines of Financial Research Corporation (FRC) have been acquired by Asset International, Inc. to form a new division of Strategic Insight.
DeVoe Leaves Schwab to Start Independent Consulting Firm
The day after launching his own mergers and acquisitions consulting firm, Dave DeVoe hit the road to meet with his first client.
Advisers Aiming to Become Discretionary Portfolio Managers
Cerulli anticipates the percentage of advisers' discretionary business will increase from 59% in 2011 to 71% by 2013.
Clients Most Important Reason for Succession Planning
Satisfying client expectations and the long-term viability of the advisory firms are the top two reasons advisers create a succession plan – personal retirement needs come in third.