Less Than Half of Americans Satisfied With Their Financial Advice
A TIAA Institute and MIT AgeLab survey finds consumers working with advisers are more satisfied with financial advice, underscoring the...
Tag: financial advisers
Why Women Are Navigating a New Financial Landscape
Non-retired women see the responsibility of securing a steady lifetime income being shouldered by individuals, not employers, according to a...
LPL Settles With Ex-CEO Arnold for $12M in Stock Options
The settlement, reached a little more than two months after he was fired, was about 15% of the total he...
Cerulli Finds Growing Dominance in Fee-Based Advisory Programs
The rise of managed accounts and increase in holistic financial advice is driving the trend.
SEC’s $8.2B in Financial Remedies Highest in History
Outgoing SEC Chair Gary Gensler oversaw the highest fines figures for the regulator in 2024, though total enforcement actions were...
SEC Chair Gensler Announces January 20 Departure
Biden appointee Gensler will step down after a ‘robust rulemaking agenda’ as Republican leadership takes over the White House.
Carson’s Financial Planning Head Brings Together 401(k), Wealth Advisement
Erin Wood of Carson Group discusses the organization’s recent push to provide financial planning resources across plan and individual advisement.
AI Can Be Helpful for FAs—but Mostly In-House for Now
Speakers at an eMoney financial adviser summit noted that AI is most useful for wealth managers as a practice management...
Longevity, Early Retirement Pose Savings Challenge
Wayne Park, CEO of John Hancock Retirement, discusses ways the retirement industry can help workers be better prepared for retirement.
Elections, Inflation Top Client Concerns
A survey of 300 FAs found clients fretting over the fall elections and a market downturn, while advisers are more...
LPL’s Arnold Has Settlement Chance as Steinmeier Called Worthy Successor
Stock analysts are watching for specific details of Dan Arnold’s dismissal while touting Rich Steinmeier’s business growth credentials.
LPL Terminates CEO Arnold for Violating “Respectful Workplace” Rules
Dan Arnold is out effective immediately for statements made to employees that ran afoul of policy; Rich Steinmeier, chief growth...
Pontera Partners With Recordkeeper 401GO
The partnership with the recordkeeper comes on the heels of Fidelity warning it would block Pontera’s third-party 401(k) credentialing business...
Fidelity to Limit Third-Party Credential-Sharing for 401(k) Access
Fidelity will soon block financial advisers from using third-party fintech services to access clients’ workplace plans.
Financial Adviser Turnover Steadies After Post-Pandemic Churn
A new report by ISS Market Intelligence found adviser turnover reverting to the mean and a continuing trend of advisers...
Financial Literacy’s Connection to Growing the Adviser Industry
Lenox Advisors leaders say cultivating new talent for the financial sector starts with getting young people engaged with finances in...
Gen X, With Retirement “Around the Corner,” Not Confident in Income Replacement
Three distinct reports agree Gen X needs financial guidance via the workplace—with participants valuing transparency and honest dealing.
Future Capital Launches Digital 401(k) Asset Management Tool
The RIA, specializing in syncing financial advisers to 401(k) assets, launches a digital platform for advisers to manage held-away accounts.
Additional Services Key for RIA Growth Plans
Financial advisers’ growth plans include additional client services such as multi-generational planning, college saving and 401(k) asset management and plan...
Investor Confidence Remains High as Election, Inflation Bring Unease
Investor optimism decreased slightly on the economy, according to the latest investor sentiment from Morgan Stanley.