News

RIA Leaders: Unlock the Full Power of Your People

RIA principals are failing the next generation of industry leaders, writes industry M&A consultant David DeVoe.

Voices: Fed needs better answers on runaway markets and inequality

The central bank’s own data show that slightly more than half of U.S. households own stocks. But that doesn’t come close to telling the whole story.

Her Voice Matters: Inspiring change with shareholder advocacy

Advisers can help clients push companies to deliver on ESG criteria

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How to profitably serve mass affluent clients

It takes efficient systems, technology and people to make this approach work

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6 ways to build client relationships during crises

Everyone feels vulnerable during the panic, so here are some ways to help your clients cope

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IRS will waive fee for replacing discarded stimulus payment cards

The Internal Revenue Service won’t charge people who threw their stimulus money away because they thought the envelope was junk mail.

What an RIA should think about if it’s considering disclosing a PPP loan

Examining the Securities and Exchange Commission's response to a question on this topic can provide some guidance

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Wigand Integrated Wealth Leaves Merrill for Sanctuary With $115 Million in AUM

Reinhold and Sam Wigand became the latest advisor team to bolt for Sanctuary Wealth.

Formula for change

Most of the time what’s holding you back from making a change is fear of some far-fetched negative outcome or, worse still, the dreaded unknown

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S&P 500 wipes out 2020 drop on reopening optimism

One strategist — who last month warned about owning stocks — said that he now believes he was “far too cautious” during the current market rally.

Gay widower’s court win ensures survivor benefits for LGBT couples

A federal court decision that could be subject to appeal secured Social Security benefits for certain same-sex marriages that hadn't previously been eligible.

Can SmartAsset succeed where other advisor-client matchmakers failed?

The company, which has a new service, provides leads — and now phone calls — from its 65-million person audience to advisors.

Pru is one contender for MassMutual’s retirement business

There's considerable overlap in the types of defined-contribution plans the two companies serve, particularly in the Taft-Hartley, government and nonprofit areas

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Ignorance Will Hurt Under New CFP Tech Standards

CFPs face an enforceable new code, including provisions for technology. Planners must have 'a reasonable level of understanding' of tech assumptions and outcomes, among other requirements.

IRS Allows Remote Signature/Notarization for Retirement Plan Elections

Notice 2020-42 issued to accommodate local shutdowns and social distancing measures.

Stifel poaches quartet of ex-wirehouse recruits with $800M

One team is among the top producers in their region, and the other spent more than two years assessing potential employers.

Merrill Lynch rolls out tech-driven adviser workstation

With the tool, advisers can personalize the work experience from connecting with clients to customizing data figures

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SEC bars adviser charged with fraud

Tamara Steele and her Indianapolis-based firm, Steele Financial, agreed to disgorgement of $845,760 and a $75,000 civil penalty

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Advisers must focus on health and empathy in the new normal

Clients are looking for advice on total health and well-being in a post COVID-19 world

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FPA 'Externship' Is Underway

The virtual-only two-month financial planning course is a first for the organization.