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 25, 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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November 10, 2020
Canadian Firm Planswell Offers FAs Client Leads to Help Drive U.S. Growth
The Canadian firm offers a free financial planning service to individual users, along with a paid version for advisors.
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November 10, 2020
SEC Finds Numerous Deficiencies at Multi-Branch RIAs
The regulator found that many examined firms had deficiencies when it came to the advisor operations and portfolio management at branch offices, among other issues.
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November 6, 2020
Cerulli: U.S. Professionally Managed Market Assets Reach $51.5T
The retail client channel’s share has inched up 5.2% since 2009 but still lags behind institutional client channels, which make up more than half of professionally managed assets.
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November 6, 2020
Advisor Group Cutting Wrap Account Pricing Before Year's End
CEO Jamie Price says the move is also meant to reduce conflicts inherent in “outdated” ticket charge structures.
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