Schema-Root.org logo

 

  cross-referenced news and research resources about

 advisors

Schema-Root.org logo
images:  google   yahoo YouTube
spacer

updated Wed. April 18, 2018

-
Of its roughly 140 advisors, 54 hold the chartered retirement planning counselor designation. And under Leonard Golub, market head of the center, UBS is encouraging more staff to get the CFP designation. The firm has brought in a professor once a week to prep about three dozen of the center's ... wealth
The ranks of Merrill advisors shrank 2% in the latest quarter, to 14,829, FinancialadvisorIQ reports. Bank of America attributed the decline to "seasonally fewer hires" in its advisor training program. The company also said the number of experienced advisors grew for a 17th straight quarter, and cited ...

Here are several red flags advisors should learn to recognize: The client has an "outdated" portfolio. "A typical scenario sees someone continually growing their net worth, then later realizing that their portfolio never really changes," Kearney said. "The advisor is using the same approach over and ...
In an interview I did in February with Michael Kitces, a popular blogger serving financial professionals, the "advisor's advisor" noted that a three-hour regulatory exam is all that is required to qualify as an advisor. Another advisor once told me that the test included the following multiple-choice question:. Advisors
The financial services industry "continues to provide bad advice." Those are the words of Prof. Laurence Kotlikoff in his latest Seeking Alpha article and them's fightin' words. Kotlikoff argues that conventional planning is based on guesstimating a "number" that cannot be guessed, thus risking a disruption ...
The plan advisor to Palmer Trucks even suggested to Nichols that the company evaluate what was out there. To his surprise, Nichols said, the incumbent advisor didn't just write a few sentences in response to questions sent to prospective advisors, they submitted a full proposal as if they hadn't ...

Although Wells Fargo Advisors lost Advisors in the first quarter compared with a year ago, it gained assets under management. The Advisor group lost 258 financial Advisors, dropping to a total of 14,399 Advisors, at March 31, compared with a year earlier. AUM rose 10 percent, to $540 billion from ... Wells
A New Jersey financial advisor faces up to 20 years in prison and has been barred from the industry after admitting to spending $3.1 million of his elderly clients' assets on personal luxuries and gambling. Scott Newsholme, 42, of Farmingdale, N.J., pleaded guilty last week to fraud, aggravated identity ...
Army Master Sgt. Janet Bretado of the California National Guard is one of two female advisors from the 40th Infantry Division serving as part of Train, Advise and Assist Command South here. Female advisor breaks barriers. Army Master Sgt. Janet Bretado, logistics advisor for Train, Advise and ...
LendEDU polled 502 Millennials actively saving for retirement and asked them about their use of a traditional robo-advisor versus a financial advisor. The results determined that: "Traditional advisors are nearly two times more prevalent amongst Millennials than robo-advisors." This is despite the fact ...
Amid scandals surrounding its sales practices that have extended into the wealth and investment management unit, Wells Fargo said it lost 145 advisors during the first quarter, bringing its total headcount down to 14,399, according to the firm's latest quarterly report. The firm's advisor force has declined 2 ...
280 CapMarkets announced a suite of complimentary service offerings that aims to empower independent advisors with tools, resources and fixed income expertise to expand their client service capabilities and compete effectively. Called 280 Advisor Services, the new suit of services will be offered through ...
President Donald Trump has told top economic advisors to look at the possibility of re-entering a massive Pacific trade deal, the White House said Thursday. The president has asked chief economic advisor Larry Kudlow and U.S. Trade Representative Robert Lighthizer to consider trying to rejoin the ...
The SEC is ramping up its scrutiny of advisor fees. The commission has published a risk alert notice detailing the most common compliance mistakes financial advisors make when setting fees and expenses, and outlined scenarios in which advisors have overcharged clients. The SEC's Office of ...
As more of the banking industry starts to take pot stocks seriously, Toronto-Domino Bank (NYSE:TD), better known as TD, is taking a more conservative approach with its investors. According to a report by Profit Confidential, TD sent out an email stating that they will limit their financial advisors to ...
Since then, Wells Fargo Advisors has shed 4.6% of its advisor workforce, falling from 15,086 in September 2016, according to the firm's third quarter 2016 earnings supplement. Some of this represents advisors who have retired; others joined competitor firms, according to InvestmentNews. –Cheryl Winokur ...
The agency notes that the terms of a client's advisory fees and expenses are typically listed in an advisor's Form ADV. It adds that advisors who fail to adhere to those terms may violate the law. Here are a few of the billing practices the SEC flagged: • Fee-Billing Based on Incorrect Account Valuations.

There's been a lot of fear in the industry that advisors' fees are headed inexorably lower, but a new survey shows that top RIAs and institutional ... BNY Mellon's Pershing Advisor Solutions polled attendees at its Elite Advisor Summit last month and found that 84% of respondents did not change their pricing ...
An advisor is someone who gives advice, typically from a position of expertise in your field. And he or she merits respect: Throughout our professional lives, most of us at some point need mentors and advisors who guide our steps and help us navigate the day-to-day complexities of a fast-paced business ...
The ability to find opportunity in even the bleakest situations is likely in Davenport & Co.'s genes. The Library of Virginia notes that the Richmond, Va.-based investment advisor was founded in 1861, saw its building destroyed in the Civil War, and moved into one of the first buildings rebuilt during ...
The SEC is ramping up its scrutiny of advisor fees. The commission has published a risk alert notice detailing the most common compliance mistakes financial advisors make when setting fees and expenses, and outlined scenarios in which advisors have overcharged clients. The SEC's Office of ...
President Donald Trump wants to pull U.S. troops from Syria, signaling an early exit to the U.S.-led fight against ISIS. "I want to get out. I want to bring our troops home," Trump said Tuesday at the White House. The president's comments appear to contradict U.S. military and national security advisors, who ...
Advisors may want to pay close attention to the problems confronting Facebook because they are increasingly using the social media platform for their business. According to the latest edition of Putnam Investments' Social Advisor Survey, Facebook is the platform advisors use most frequently — averaging ...
The White House's top infrastructure advisor is leaving the administration as President Donald Trump's plans to inject funding to repair the nation's roads and bridges will most likely have to wait until after the midterm elections. The White House said DJ Gribbin, who formulated the Trump plan released in ...
Reiss made her way from national politics to entertainment law to government service, serving as a senior advisor to Schwarzenegger and later as the ... The partnership between the Republican governor and his liberal Democratic advisor was rooted in a friendship that began four decades ago with Maria ...
Acknowledging the phenomenon, and perhaps having finally alighted on the formula for successfully combining chalk-and-cheese bank and advisor cultures, Bank of America plans to open 600 additional Merrill Edge branches in the next two years and hire 300 new advisors, bringing the headcount count ...
Stocks entered correction territory on Monday, but Boston Advisors' Michael Vogelzang doesn't think a bear market is in the cards. "At the end of the day we really believe that the fundamentals are still pretty solid," he says. Morgan Stanley's Andrew Slimmon agrees and sees opportunity in financials and ...
One common piece of advice to potential financial advisor clients is that they ask their potential money manager about their "investment philosophy." Just what an investment philosophy is depends on the individual advisor. Some advisors claim questions about investment philosophy are irrelevant.
Cetera — a network of the broker-dealer firms Cetera Advisor Networks, Cetera Advisors, Cetera Financial Institutions, Cetera Financial Specialists, First Allied Securities and Summit Financial Services Group — is reportedly mulling a potential sale valued at up to $1.5 billion, although the company would ...
Van Law served as director of Raymond James' employee Mid States Division and its national director of business development, and helped start the Advisor Select unit, the publication writes. He was also well liked by advisors and management, so it's “surprising news” that he's leaving, recruiter Jon ...
Emphasizing recruitment for newer, non-protocol business lines also helps attract a more diverse advisor force, according to Gabriel, who adds that's a company-wide priority for Wells Fargo. “We want a population of advisors that looks like the communities we serve,” a strategy that plays into recruiting and ...
My advisor in the physics department emphasized the rigor of Princeton courses, and encouraged me to take courses with a lower workload in my first few semesters at Princeton. Experiences can certainly vary across departments, but professors and faculty have an undeniable incentive to be risk averse.
Tax season is here, which means you might be deciding between filing yourself or seeking out a professional. However, taxes aren't the only reason to seek out financial advice. An overwhelming majority of U.S. adults do not seek out professional financial advice, and while you might not need professional ...
DARAG, the European legacy acquirer, and New Nordic Advisors, a London-headquartered investment management company, announced the formation of a strategic partnership. DARAG and New Nordic will join forces in a number of areas, including the provision of legacy, active business and ...
Yet the reality is that the death of the solo advisor has been forecasted for nearly two decades, and in the meantime solo advisors have actually become more profitable than ever. Is the prevailing wisdom flawed? I would argue that the next decade will not in fact bring the death of the solo advisor, but rather ...
Abbey Road Studios, the world's most famous recording facility, has appointed Nile Rodgers to the newly created position of chief creative advisor. Taking up the role with immediate effect, Rodgers will be responsible for nurturing new talent, as well as acting as the studio's global ambassador and assisting ...
Edward Jones Managing Partner Jim Weddle says, "This meeting allows our most successful financial advisors to network and enables them to learn about trends in the market and industry, and share new ideas on how to better serve clients, who are long-term individual investors. We discuss a multitude ...
Wells Fargo Advisors Financial Network (FiNet) has brought one advisor team and a stand-alone advisor into its fold, the company announced ... Dathan Lumpkins, an advisor from JP Morgan in Niles, Mich. with over $100 million in assets under management, is also joining Wells Fargo as a part of FiNet.
Jeff Miller's Stock Exchange: It takes a lot of practice to be good at trading. Eric Basmajian: Debt across nearly every category of consumer loans has reached record levels. The choices we make as investors determine our investment results, but do they have farther-reaching implications? The question ...
JACKSON, MI - A former Jackson financial advisor is accused of stealing more than $700,000 from now-deceased clients whose investments he managed, Attorney General Bill Schuette announced Friday. Robert Morley was arrested Friday, March 23, at Detroit Metro Airport and arraigned in Jackson ...
While that remains the BD's preferred approach, Weddle says the firm also acquires industry advisors “one financial advisor at a time.” The current recruiting push is part of a long-term growth plan. About three years ago, Edward Jones said its goal was to hit 20,000 advisors by 2020. While it is gradually ...
Several weeks after the mass shooting at Marjory Stoneman Douglas High School in Florida, financial advisor Ed Snyder got an email. A client had searched Goodbye Gun Stocks, an online database, to see if any of her investment funds included gun manufacturing companies. One of them did. The client ...
A Top Advisor's Answers on the Market Meltdown. March 23, 2018 12:16 p.m. ET ... Stephan Cassaday is well qualified to talk about yesterday's market ugliness: The longtime chief of $2.4-billion-asset Cassaday & Co., he's Barron's top-ranked advisor in Virginia. I channeled a worried investor and quizzed him about the ...
We have "absolutely not" seen the end of the trade dispute between the United States and China, said John Rutledge, a former advisor to President George W. Bush. On Friday, China responded to President Donald Trump's new tariffs on Chinese imports by proposing a list of 128 U.S. products as potential ...
During a presentation at the 2018 Credit Suisse Financial Services forum in February, Goldman chairman and chief executive Lloyd C. Blankfein said the firm has plans to grow the number of Private Wealth Advisors by about 30% by 2020. That amounts to at least 200 more advisors, up from about 700 ...
Advisors have a unique ability to look at a client in a broader context than a CPA, noted Bill Morgan, an advisor for Buckingham Strategic Wealth. Indeed, advisors have a holistic advantage over accountants, according to Morgan, a CPA himself who headed a national accounting firm's tax department for 15 ...
While Hall has close to 20 years of experience as a financial advisor, he and his business partner Brett Bronski, senior financial advisor, founded Hall Financial Advisors, LLC in 2004. Hall leads a team of 15 and has offices in Parkersburg and Marietta. Hall graduated from The Ohio State University with a ...
Bill Van Law, the head of Raymond James's increasingly successful investment advisors business, is leaving the firm, apparently unexpectedly. Van Law “is departing the firm to pursue other personal and professional interests,” according to a statement from the company. His last day is April 2; the firm has ...
Investopedia contacted several contributors to Advisor Insights, our network of financial advisors. While many groups representing the financial services industry have expressed objections to the fiduciary rule, all the advisors who responded remain uniformly in favor of the fiduciary rule, opposing the ...
"I don't think it's any secret that we're going to make a big effort to try to bring clarity and harmony to the investment advisor, broker-dealer standard of ... on fiduciary standards, Weissbluth forecasts that the ruling won't deter retail investors from demanding their investment advisors meet such standards.


 

news and opinion


 


 


 


 


schema-root.org

  career
    advisers

careers:
    academics
    actors
    advisers
    analysts
    artists
    athletes
    authors
    aviators
    bloggers
    business
    cartoonists
    clowns
    columnists
    comedians
    commentators
    economists
    editors
    engineers
    explorers
    farmers
    filmmakers
    fishermen
    fraudsters
    ghostwriters
    green
    healthcare
    inventors
    journalists
    lawyers
    librarians
    managers
    maritime
    musicians
    officials
    pirates
    playwrights
    poets
    police
    pollsters
    programmers
    prostitutes
    publishers
    pundits
    ranchers
    shock jocks
    singers
    staffers
    technology
    traders
    traffickers
    webmasters
    workers