The Practice: Marketing

Morgan Stanley’s Top Strategist on Going Against the Consensus

November 30, 2022No Comments

Mike Wilson, who was among very few analysts to forecast a drop in the S&P 500 even before the war in Ukraine, tells Bloomberg that he believes in being a “market historian” — while thinking for himself.

FAs Weigh In: How Can Advisors Refresh Retirement Seminars?

November 23, 2022No Comments

“I think the general investing public is skeptical about the retirement ‘dinner seminar’ approach and the idiotic invitations they are carpet-bombed with,” one advisor says.

DOL Rolls Out ESG Rule to Undo ‘Chilling Effect’ of Trump-Era Regulation

November 23, 2022No Comments

The new rule merely allows — rather than requires — plan fiduciaries to consider investing in firms committed to climate change and ESG-related policies.

Fidelity’s Assets Under Administration Down, Despite Increase in Accounts

November 21, 2022No Comments

During the third quarter, meanwhile, nearly half of new retail accounts were opened by investors between the ages of 18 and 35, while new IRAs opened by the 18-to-25 age group soared 83% year-over-year, according to Fidelity.

JPMorgan to Sweeten Perks, Including Parental Leave, Bereavement, Sick Days

November 18, 2022No Comments

According to a memo seen by Bloomberg, the firm will also offer four weeks off to employees to care for a seriously ill family member or domestic partner starting January 1.

Goldman Secretly Paid $12M+ to Settle Allegations of Sexist Culture: Reports

November 16, 2022No Comments

The settlement, reached with a former partner before she had left the firm, also addressed allegations of a lewd remark made by CEO David Solomon, according to Bloomberg.

Fidelity Rolls Out Waiting List for Crypto Trading

November 14, 2022No Comments

Some advisors believe having the association with Fidelity may help bring credibility for digital assets.

Buckets and Icebergs: the Financial Planning Wisdom of a $30B Advisor

November 9, 2022No Comments

Rob Sechan, who joined NewEdge Wealth from UBS in 2020, believes in having clear targets and watching out for “what could break,” according to Forbes.

Wendy Williams Fallout: Wells Advisor in 'Personal Hell,’ Reports Say

November 9, 2022No Comments

Lori Schiller told the New York Post’s gossip column Page Six that Wells Fargo “took the lead” on the guardianship over Williams’ account and hasn’t supported the advisor publicly.

RayJay, Ameriprise Launch Initiatives to Support Military Families and Veterans

November 9, 2022No Comments

Raymond James has launched a group to help military veterans start a financial-services career, and Ameriprise has unveiled a Certified Military Financial Advisor certification.