March 21, 2017Will the DOL Rule Make You Jump Ship?
Though the timing and long-term fate of the Department of Labor's Conflict of Interest Rule is uncertain, is the rule coloring your employment plans? Do you plan to sell your practice or join another firm as a direct result of the DOL rule?
March 14, 2017Is the DOL Rule Good or Bad?
In the past 40 days or so, the Department of Labor's fiduciary rule for retirement accounts -- originally set to take effect on April 10 -- has gone from maybe delayed to not delayed to definitely delayed until June. But let's not let timelines cloud the issue. Is the DOL rule worth keeping or not? Tell us why in the comments.
March 7, 2017Would You Use a Third-Party Robo?
Fidelity has joined the growing list of big-name providers offering robo platforms to financial advisors. Whether it be from UBS-backed SigFig, BlackRock's FutureAdvisor, Fidelity, or a smaller firm, would you use a third-party robo to help manage your client portfolios?
Yes.47% No.6% I already am.12% I can't. I'm stuck with what the home office gives me.
February 28, 2017Are You Feeling Fee Pressure Yet?
Asset management fees are declining as lower-cost passive investments take center stage. As a financial advisor, are you feeling pressure to lower fees in reaction? Tell us why or why not in the comments.
February 21, 2017Should the SEC Extend the Fiduciary Standard?
Is the increasingly likely demise of the DOL rule for retirement accounts an opportunity for the SEC to extend the fiduciary standard to all retail financial advice channels?
Gosh no, let it all just go away so we can get back to business.46% Yes, as the SEC was mandated to do so under Dodd-Frank anyway.
February 14, 2017Are Big Wirehouses Really Limited By Pay-to-Play?
As at least one top ex-banker believes, advisors who work for major brokerages have limited options in terms of filling true fiduciary roles for their clients. What do you think?
That's just total bunk. Conflicts of interest are managed best by honest, well-intentioned advisors.64% So true. Arguments against such a notion are pure P.R. by banks and major brokerages.
February 7, 2017Is Trump's Financial Regulation Rethink Good for Consumers?
Do you think the Trump administration's call for a reexamination of financial regulations – specifically Dodd-Frank and the fiduciary rule – is a step in the right direction for consumers? Tell us why or why not in the comments.
It's better for consumers.37% It's worse for consumers.
January 31, 2017Will Trump's Travel Ban Impact Your Clients?
On Saturday President Donald Trump imposed a 90-day visa suspension on seven Muslim-majority countries, temporarily banning citizens from these states from traveling to the U.S. Has this action affected any of your clients, or do you think it will impact them?
January 24, 2017Will Consolidation Continue in 2017?
New research says last year wealth management mergers were at an all-time high. At least 138 independent advice firms changed hands in 2016 — a 10% rise over the year prior, according to a report by consulting firm Echelon Partners. Will the consolidation trend continue in 2017?
January 17, 2017On What Should the SEC Focus in 2017?
Last week the SEC unveiled its examination priorities for 2017. They include a heightened focus on digital advice, wrap fees, ETFs, firms that hire brokers with misconduct records and never-before examined registered advisors. What do you think the SEC should prioritize this year?
Digital advice5% ETFs29% Firms that hire brokers with misconduct records20% Never-before examined advisors15% Wrap fees