Brokers Hit Pause Button On Plans To Join RIAs Due To Coronavirus Crisis
Many brokers who were looking to go independent have put their plans on pause due to COVID-19, according to a survey from TD Ameritrade.
Recent
Advisor M&A Drop 20% In Second Quarter, Average Deal Size Hits All-Time High
Before the onset of the coronavirus crisis, the M&A space was reaching all-time highs on a seemingly daily basis. The pandemic put an end to that.
Amid uncertainty, financial planning clients stick with long-term plans
The majority of CPA financial planners’ clients remained confident in their financial plans despite the economic and market uncertainty.
DOL proposes new fiduciary rule exemption
The proposal would allow retirement plan advisors to be compensated via currently prohibited types of commissions.
Toughen up your ‘soft skills’
Some 97 per cent of financial planners think interpersonal skills are essential or important.
The Financial Services Industry Has A Diversity Problem, So Anna N’Jie-Konte Started Her Own Firm
There’s a “gaping hole” when it comes to financial advisor diversity and the culture needs a complete “overhaul.”
Wealth Management Needs To Reevaluate How To Better Serve Its Clients In Wake Of COVID-19 Crisis
The wealth management industry is going to have to reevaluate their business models and offerings to better serve their clients.
