Financial advisor news, market insights, and practice management essentials.
The SEC has allowed testimonials in advertisements since 2022, yet less than 10% of advisors use them.
Advisors are getting creative with more services and non-traditional fee models.
Over the past eight years, Kapoor has helped the company expand its workforce to over 10,000 employees and boost its stock price more than threefold.
Just 6% of advisors nearing retirement have a fully documented succession plan, raising the risk that their businesses will lose clients and struggle to find leaders.
Economic uncertainty and rising geopolitical tensions have family offices becoming more selective with their allocations, per BlackRock.
The Social Security trust funds will only be able to pay out 77% of benefits by 2034, a new report from the administration found.
The nonprofit certification body has formed a working group to address the challenges and opportunities of AI for advisors.
The majority of 401(k) participants are planning for retirement without the help of advisors, according to a new Cerulli report.
Investors appear to be punishing the muni market, which comprises about 9% of the $47 trillion US bond industry.
The bill would require tokens to be backed by liquid assets including the US dollar and short-term Treasury bills.
For years, Mitch Slater urged UBS to let its advisors launch their own shows. Now, more than 50 advisors have them.
Even for grunt work tasks, unchecked AI use can wind up hurting relationships.
While talent is crucial, success hinges on a leader’s ability to unite individuals behind a common goal.
The agency unveiled a series of senior-level appointments while also nixing 14 rules proposed during Gary Gensler’s time in charge.
The bank outlined where it intends to allocate investments over the next year and a half during a midyear outlook event.
Schwab’s Women Investors Survey showed Millennials invested the most — and were the most likely to enjoy it.
Companies that were longtime holdouts on ETFs are expanding into the category, even as the SEC contemplates approval of dual share classes.
Nearly 70% of Americans said financial uncertainty has made them anxious and depressed, according to a Northwestern Mutual report.
Advisors need to embrace social media, podcasting, and client testimonials if they want to reach Gen Z clients, marketing experts say.
Some 80% of Americans are skeptical of the investment and saving information they find on social media.
