August 25, 2020
Advisors Less Confident About Outsourcing Investment Strategies
About a fifth of advisors using third-party portfolio managers plan to scale back the percentage of assets they hold with them, according to a recent report from Ycharts.
No Comments
August 28, 2020
Advisory Firms’ Optimism for Future Growth Shaken Amid Pandemic
“Predicting the future is a challenge even in normal times — and obviously even more so now,” according to TD Ameritrade Institutional.
No Comments
August 24, 2020
Covid-19 Made Millennial and Gen-Z Investors More Aggressive: E*Trade
More than half of such investors report higher risk tolerance since the pandemic started, which is 23% higher than the overall population.
No Comments
August 24, 2020
DOL to Hold September Hearing for Proposed Advice Rule
Consumer advocates and financial planners are urging the Department of Labor to rewrite its proposed new investment advice rule.
No Comments
August 21, 2020
Morgan Stanley to Expand Fractional Share Capabilities
The wirehouse will also inherit fractional share technology from its acquisition of E*trade.
No Comments
August 21, 2020
Schwab Self-Directed 401(k) Average Account Balance Up 3.3% YoY
The firm’s self-directed brokerage accounts saw a rebound of 13% from the previous quarter.
No Comments
August 20, 2020
LPL Execs: FAs Should Explicitly Charge for Advice, Not Just on Assets
At LPL Financial’s annual Focus conference this week, the firm’s sales leaders discussed whether “to charge or not to charge” for the advice they give.
No Comments
August 19, 2020
Top Advisors Weigh In: Remote Working to Stay Post-Pandemic
More than 95% of this RIA’s client and prospect meetings are held via video meetings.
No Comments
August 18, 2020
UBS Americas CIO Names New Portfolio Strategy Head
Daniel Scansaroli will assume the responsibilities of Michael Crook, who is scheduled to exit in September.
No Comments
August 18, 2020
Impact of Presidential Campaigns on Markets to Heat Up in September
Transcript Video [ 1:41 ]
Laura Kane, head of investment themes at UBS Americas, says the focus for now is still on the Covid-19 pandemic.
Transcript Video [ 1:41 ]
No Comments