The registered investment advisor community is quickly growing as clients increasingly prefer working with advisors who comply with the fiduciary standard, says Bill Van Law, president of Raymond James’s Investment Advisors Division. So reports Financial Planning.
Advisors with the Certified Financial Planner distinction tend to have higher levels of trust among clients and earn, on average, 20% more than other advisors, according to a study funded by the CFP Board of Standards and conducted by the Aite Group. So reports AccountingWeb.
Fidelity is developing the “Total Advisor Platform,” which will serve as a single platform for Fidelity advisors, broker-dealers, banks and family offices, says Edward O’Brien, head of platform technology and senior v.p. at the firm. So reports Wealth Management.