The growing acceptance of low-cost technology platforms for investing is causing advisors to adopt novel approaches to fees. So reports TheStreet.
Facet Wealth, which is developing a technology platform and network of professionals to deliver financial planning services to U.S. households, has just raised $33 million in venture capital to help it develop its services. So reports Venture Beat.
The Financial Planning Coalition and other investor advocates are asking the Securities and Exchange Commission to delay going forward with the Regulation Best Interest because of confusion regarding the differences between brokers and registered advisors. So reports Wealth Management.
Financial advisors typically focus on hard numbers and cold facts in creating investment portfolios, but being able to help clients through hardships, such as the death of a spouse or other family members, is an equally important skill.