RBC Wealth Management Revamps Practice Management Support
The firm is launching a new adviser support program featuring dedicated coaches and customized online tools to support firm growth and improve the client experience.
Tag: Wealth Management
Asset Management Fee Compression Accelerates
New research from Cerulli points to a number of drivers behind the acceleration in asset management fee compression, tied to improved automation and stronger competition; the research and analytics firm also analyzes the competitive landscape of “robo-advice.”
Competing for Advisers With Tools and Services: Retirement Industry M&A Activity
Pressing industry trends and emerging opportunities are reflected in recent merger and acquisition activity among retirement plan advisers and service providers, and in the efforts of other firms to restructure their basic approach to sales and service; PLANADVISER hears from Fi360, AssetMark, Cetera Financial and others about their visions for the future.
Questis Partners with MX for Data Aggregation
Through the MX partnership, participants with access to the Questis platform can see all of their finances in one place in a clear, organized, visual manner.
DISRUPTION: AssetMark Executive on Outsourcing and Practice Growth
Matt Matrisian, SVP of strategic initiatives at AssetMark, is passionate about the topic of advisory practice management, enough so that he wrote a 300 page book on the subject; chatting off-the-cuff with PLANADVISER, he argues outsourcing is the way of the future.
2018 Modern Wealth Index Highlights Importance of Planning
A new analysis from Charles Schwab shows those with a written financial plan are much more likely to have a higher overall Modern Wealth Index score, be regular savers, and effectively manage their debt.
LifeYield Partners with United Planners on Tax Efficiency Scores
Through a new strategic partnership boosting its direct-to-adviser footprint, LifeYield will make its proprietary Taxficient Score available to United Planners’ nearly 500 financial advisers.
Strategic Perspective Is a Key Commodity During Bouts of Volatility
As recently as mid-2016 it was common to hear advisers describe significant market volatility as the new normal, but since then the global equity markets have been remarkably stable and generous; so it makes some sense, experts agree, that investors are feeling jittery as volatility returns to the fore.
Divorce and Failing Health Amid Overlooked Retirement Roadblocks
Clients and advisers alike often overlook the possibility of divorce or losing a spouse in their financial planning, according to TD Ameritrade’s latest survey.
Miscommunication Common When Discussing Inheritance
Many wealthy families avoid discussing money and inheritance, a survey finds.
Supporting Family Remains a Retirement Challenge
Americans who support an aging parent or an adult child give an average of $12,000 a year to their family members.
Advisers Make Investors More Confident About Retirement
However, only 26% of Americans surveyed report they work with an adviser.
Investor Confidence at 7-Year High
Retired and non-retired investors equally confident, a Wells Fargo/Gallup survey finds.
On the Beat: CPAs Observe Increased Fraud
Financial fraud and abuse targeting older Americans is on
the rise, a new report suggests, and the top sources of fraud might surprise you.
Big Inheritance Might Hurt More Than Help
Wealthy families fear big windfalls
might do more harm than good for the next generation, according to a survey of
high-net-worth parents.
Dramatically Short on Financial, Retirement Goals
Most Americans are anxious about their finances and aspire to be more financially responsible, a survey finds.
Boomers Receptive to End-of-Life Planning
Advisers can work with Boomers on plans to protect the surviving spouse
Outliving Savings Is Top Retirement Concern
Americans fear that health care costs, inconsistent returns and lifestyle expenses will drain their savings.
Advisers Have Much to Offer Millennials
Twenty-five percent of young women who responded to a recent Prudential survey felt they were “not in the right stage of life” to work with a professional financial adviser.
Advisers Still Behind on Client Tech Demands
Financial
advisers are not adequately preparing to deliver advanced digital capabilities to
meet the expectations of younger generations of investors, according to Aite
Group research.