by Patrick M. Kelly | Feb 28, 2013 | RIA
Registered investment advisors with clients wanting to hold actual gold, silver, platinum or palladium in their own name can now help their clients directly by tapping into GBI Advisors (GBIA), a system billed as the first online platform that lets RIA’s store...
by Patrick M. Kelly | Aug 22, 2012 | Financial Services Industry
As one of its last steps in integrating the 2009 merger of the Morgan Stanley with Smith Barney brokerages into a single entity, the number of complexes in the organization will be cut from 118 to 86 and the ranks of non-producing managers will be slashed from 150 to...
by Patrick M. Kelly | Aug 10, 2012 | CFP Certification
CFP Board of Standards commissioned Alite Group to conduct a “satisfaction” study to quantify the effect that the certification can have on an advisory practice and the quality of advice that clients receive.* Bottom line, the “satisfaction” level clients have with...
by Patrick M. Kelly | Jun 26, 2012 | Financial Services Industry, RBS
News flash of the week? RBS, the U.K.’s biggest taxpayer-controlled lender, is eliminating 618 branch-based financial advisors as new regulations force lenders to charge clients for the service. By the end of 2012, the Financial Services Authority’s Retail...
by Patrick M. Kelly | Jun 15, 2012 | Financial Services Industry, RIA
A plan to consolidate independent registered investment advisors under one brand name to compete with the big Wall Street brokerage houses already has commitments of interest from 72 firms. Steve Lockshin and Charles Goldman have created Advizent headquartered in...