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Financial Advisers news from FierceFinance

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Broker-raid arbitration, a harbinger

We've seen lot of competition for financial advisors as of late, with most of the action focusing on independents or smaller brokerages recruiting from the wirehouses. Wells Fargo (WFC) inherited an... Read more...

The meaning of Suze Orman

Not too long ago, Suze Orman was the bête noire of the financial advice industry. Lots of brokers and RIAs had less than kind words for this personal finance guru, given her skepticism about... Read more...

Muni bond consultant ripe for reform?

The New York Times offers an interesting update on the issue of muni bond consultants, and whether they are, well, a bit out of control. A handful of these guys pitch all sorts of arcane financial... Read more...

Details on Smith Barney-Morgan Stanley deal

Apparently, talks between Citi and Morgan Stanley have progressed the last few days, and the Financial Times says a deal is imminent. For Citi, the benefits are clear: A capital boost of as much as... Read more...

More financial advisors hiring psychologists

There was once a day when advisors used to give clients a lame risk tolerance questionnaire. The industry has certainly changed. Now advisory firms are adding psychologists to their staffs, to help... Read more...

Advisers, hedge funds not connecting

People tend to underestimate how important high net worth individuals are to hedge funds. Most people would assume that institutions account for the majority of the industry's assets. They would be... Read more...