Cerulli Associates also found that 67% of national sales managers rank increasing the technical skills of existing wholesalers as a major priority.
The partnership is aimed at developing a program that “sets a new standard in fiduciary education and best practices.”
The independent broker/dealer network is making a team of technology experts available to help advisers utilize new client service and practice management technology platforms.
A confluence of generational, technological and consumer preference trends is driving a sea change in the traditional investment advisory business, according to J.D. Power researchers.
The new adviser support tools from Advicent are aimed at helping firms respond to the Department of Labor’s fiduciary rulemaking.
Interviews with nearly 1,000 independent advisers who custody assets at Schwab show significant optimism about growth opportunities for registered investment advisers.
A given financial adviser’s response to the final fiduciary rule from the Department of Labor may have more to do with the adviser’s brokerage platform provider than their own decisionmaking about how to adjust.
The MyRIACompliance program from RIA in a Box now includes updated compliance and automation software supporting registered investment advisers.
NFP Advisor Services to rebrand as Kestra Financial; Arnerich Massena announces new CFO; Pentegra Retirement Services names regional director for upper Midwest territory; The Retirement Advantage adds sales rep; GW&K adds taxable bond portfolio manager; Northern Trust Asset Management boosts OCIO team.
Cetera Financial Group has finished developing its retirement plan solutions platform for advisers.
Following a sit-down with one SEC commissioner, CEFEX leadership predicts the regulator will propose new requirements for third-party advisory practice reviews before the close of 2016.
The Retirement Resource Desk from IFP Plan Advisers will provide specialist support in the areas of advisory practice management, reporting and business development.
A new cut of the Fidelity RIA Benchmarking Study shows many in firm leadership positions struggle to understand and articulate practice value.
Industry consolidations and acquisitions aren’t likely to slow in 2016, experts note, and the announced acquisition of AIG Advisor Group by a private equity firm only strengthens the argument.
Many independent advisory shop owners hope to retire by the early 2020s, spelling serious opportunity for large advisory networks with the resources and vision to make selective acquisitions.
It’s not surprising that independent advisory business owners want to keep growing their practices in 2016, but their level of confidence in the face of volatility and unfavorable demographics is striking.
More than 75% of asset managers expect to see an increase in RFPs, RFIs, and due diligence questionnaires in the next 12 months, according to Cerulli Associates.
Schwab Advisor Services finds a majority of independent registered investment advisers are projecting healthy growth in the year ahead.
Discussing a new managed account-type service with PLANADVISER, Schwab Retirement Plan Services says the offering helps advisers play a deeper role in delivering effective QDIAs.
Most financial advice professionals feel “daunted by the task of forging their own path and the accompanying headaches,” according to research by Cerulli Associates.