Forget Everyone Else's 2020 Predictions, Let's Talk About The Coming Decade
The ‘10s were all about finding a new status quo in the industry, politics and the market. The next ten years will tear all that down.
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Back To Fundamentals: Why Clients Love Full-Service Advisors
After a year of disruption it's worth reviewing the essentials of how the industry works and how to communicate its value. BMO has good ideas here.
Morgan Cuts 1,500 Jobs Ahead Of Bonus Season
Slimming technology and operations payrolls is apparently a matter of efficiency as well as risk management in a perpetually uncertain world.
Merrill Edge Joins The Zero-Commission Boom
Note the branding: this is a Bank of America program. But the wirehouse will probably still feel the sting as mass-affluent prospects do it themselves
Schwab Ameritrade Merger Will Ultimately Feed Innovation . . . Elsewhere
Consolidation is great when you’re chasing internal efficiencies. But thinning the field means less choice for advisors until new players emerge.
SEC Issues Plan to Modernize RIA Ad Rules
Among other things, the proposal would update the definition of “advertisement” so that it is flexible enough to remain relevant and effective.
Industry Opportunities Will Flow In 2020, Is Your Career Kit Packed?
Fraying client nerves and an aging advisor population are an explosive mix even if the market, economy and election cooperate. Get the tools you need.
