Industry

Hungry, Hungry IBDs and RIAs

Mon, 31 Oct 2016 10:00:00 +0000

IBDs and RIAs are gobbling up new assets, Cetera is putting out its own technology tool for DOL rule compliance and Orion is launching an interactive training course.

Motivated by Money

Fri, 28 Oct 2016 19:42:00 +0000

If your only reason to make a move is to hit the proverbial jackpot, the long-term outcomes can be disastrous.

The First Set of DOL FAQs, Explained

Fri, 28 Oct 2016 15:35:00 +0000

The Department of Labor released the first of three frequently asked questions regarding its forthcoming fiduciary rule this week.

Wall Street Coders Wanted, Elite College Degrees Not Necessary

Fri, 28 Oct 2016 15:27:00 +0000

Hugh Son

Banks need to fill so many programming jobs that elite schools can’t possibly pump out enough candidates.

Why Wall Street’s Top Cop Criticized by Warren Could Stay Awhile

Fri, 28 Oct 2016 15:15:00 +0000

Ben Bain and Robert Schmidt

If SEC Chair Mary Jo White departs should Hillary Clinton win the election, the agency could slip into paralysis.

UBS Reports Drop in Wealth Profit as Ermotti Lowers Costs

Fri, 28 Oct 2016 14:35:00 +0000

Jeffrey Vögeli and Nicholas Comfort

Expect more cost-cutting at UBS amid a drop in wealth management business.

Fiduciary Rule FAQs

Fri, 28 Oct 2016 10:00:00 +0000

Department of Labor releases its first wave of FAQs on the fiduciary rule, baby boomers seek more advice from advisors than millennials and CentSai launches experts section.

Ten Critical Differences in the Democratic and Republican Proposed Tax Plans

Thu, 27 Oct 2016 19:48:00 +0000

As the 2016 presidential election nears, the tax policies of the two major candidates have come into sharper focus.

Connecting to the “Rewired Investor”

Thu, 27 Oct 2016 15:22:00 +0000

Schwab’s chief technology officer predicts financial services firms will connect to the “rewired” investor with chat bots, virtual reality and machine learning, and that “we’re going to move past investment management as a focal point in five years.”

Morgan Stanley to Keep Commission-Based IRAs for Wealth Management Customers

Thu, 27 Oct 2016 13:01:00 +0000

Olivia Oran and Nikhil Subba

Morgan Stanley said it would allow its wealth management clients to choose the way they pay the firm for retirement accounts covered by a new fiduciary rule.