1 visitor like this article | Viewed 3646 times | 0 comment
Summary: Mega advisor teams with $500 million or more in assets under management control 42% of advisory marketshare, and are best poised to attract high-net-worth clients, according to a new report by Cerulli Associates.
1 visitor like this article | Viewed 3787 times | 0 comment
Summary: Courting millennial investors is a key challenge confronting the financial services sector. Industry professionals on Thursday discussed what these young investors want from their financial services firms during a panel discussion at SIFMA’s private wealth conference in New York.
Added on April 2014 in Form an RIA
1 visitor like this article | Viewed 5289 times | 0 comment
Summary: Wall Street's self-regulator is no longer trying to extend its reach to registered investment advisers.Finra oversees brokers, who operate under a distinct set of rules from registered investment advisers, or RIAs, who are supervised directly by the Securities and Exchange Commission and the states.
Added on April 2014 in Join an RIA
1 visitor like this article | Viewed 4297 times | 0 comment
Summary: Independent firms are gaining traction among a key group of financial advisers who once shied away from the channel: the $1 billion teams. Although Morgan Stanley and Raymond James were two of the top firms in adding assets in the first quarter, the other three spots were filled by some relatively new players, according to moves tracked by InvestmentNews' Advisers on the Move database.
Added on April 2014 in Join an RIA
2 visitors like this article | Viewed 4514 times | 0 comment
Summary: “The business of America is business,” President Calvin Coolidge is claimed to have said back in the 1920s. That quote isn’t really accurate, but business schools around the country still turn out thousands of grads every year. Majoring in business might be popular (358,000 bachelor's degress were issued in 2009-10), but which jobs pay the best for those who majored in business is an interesting question.
