November 24, 2020
Broader Reforms Needed to Bring Alts to DC Plans
Transcript Video [ 3:24 ]
Major regulatory reforms will be necessary for defined contribution plan participants to get greater access to alts strategies, according to industry executives.
Transcript Video [ 3:24 ]
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November 18, 2020
Fidelity Institutional Rolls Out Wealth Mgmt Platform for RIAs and B-Ds
FMAX, as the platform is called, offers investment and tech products from third-party providers matched with Fidelity support, the company says.
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November 18, 2020
SEC Grace Period for B-Ds’ Customer Lending Violations Comes Under Fire
With the SEC poised for a change in leadership, Democratic Sen. Sherrod Brown slammed the decision to give broker-dealers six months to fix their management of customer collateral.
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November 17, 2020
Merrill Adds ESG, HNW Model Portfolios to Advisory Platform
Nine out of 10 Merrill Lynch advisors use at least one of the model portfolios on the chief investment office platform, according to the wirehouse.
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November 13, 2020
UBS, Wells Fargo Tell Clients: Take Politics Out of Investing Post-Election
“FAs are feeling pressure right now — from clients who believe that we're going to hell in a handbasket and others who want to dance in the streets,” says a Wells Fargo executive.
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November 12, 2020
Wells Fargo Advisors Plans to Enable Fractional Shares in 2021: Exec
The wirehouse expects the move to boost separately managed accounts.
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November 11, 2020
Robo Use Rising, Helped by Millennials with Half a Million+ to Invest
Backend Benchmarking says established providers are increasingly rolling out robos with the hope of attracting clients who would then require additional hands-on services.
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November 12, 2020
Taxes Have a Bigger Impact Than You Think
Register today for Thursday's webcast, discussing how financial advisors can help reduce their clients' end-of-year tax bills. This webcast is sponsored by iShares.
Event Date: November 12, 2020
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November 10, 2020
Pandemic's Impact on Clients' Risk Appetite, Allocation Recommendations Transcript Video [ 1:32 ]
Most, or 72%, of the advisors changed their clients’ asset allocations — in various ways, according to a Financial Advisor IQ survey.
Transcript Video [ 1:32 ]
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November 10, 2020
Vanguard Admits Sending Clients Inaccurate Statements for Nearly a Year
The glitch is related to estimated earnings in money market funds, but the firm also says that no investor actually lost money.
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