The wirehouse channel had its net advisor count shrink by more than 300 in the first half of 2022, while the independent channel grew by 287, according to Diamond Consultants.
September 23, 2022
One-third of all advisors outsourced some functions for the first time during the Covid-19 pandemic, according to a FlexShares survey.
Advisors are facing a far greater risk of a data breach than they were even six months ago, but the safety net — cyber insurance — has become much more costly.
The company is folding the Personalized Planning and Advice hybrid robo into Fidelity Go, according to FA-IQ sister publication Ignites.
Following the blacklisting of the Swiss-based bank by the Texas state comptroller, the contract has been passed on to RBC Capital Markets, according to Bloomberg.
The program will let advisors demonstrate expertise in alternatives to standard profit-sharing and 401(k) offerings that employers can offer in their recruiting initiatives.