In a recent letter to the Securities and Exchange Commission, ABA offered feedback on its recent registered investment adviser outsourcing proposal.
Browsing: Financial advisers
Advisers can’t take clients for granted—relevance has to be re-earned.
The Securities and Exchange Commission today proposed new rules to prohibit registered investment advisers from outsourcing certain services and functions without conducting due diligence and monitoring of the service providers.
Only 48% of financial advisers and financial professionals are optimistic about their 12-month outlook, a 15-percentage-point decrease from last year, according to a recent survey by insurer Nationwide.
On the verge of a new “roaring twenties,” five principles to help wealth professionals exceed client expectations.
The vast majority of Americans, 83%, are looking for advice or guidance from their primary retail banks as their financial stress has increased during the pandemic, according to a recent study from J.D. Power.
In today’s volatile market environment, wealth managers and financial planners are having hard conversations with their clients. A few tips to build emotional intelligence into those conversations.
Banks can learn from the virtual experiences of their customers amid COVID-19 and integrate new technology into their service offerings, including financial advising.
How can community banks make wealth management a profitable part of their strategy? At Canandaigua National Bank and Trust in New York, 45% of non-interest income—and 15% of the bank’s total revenue—comes from wealth management, says EVP Sam Guerreri.