Industry
CFP Board Falls Short Even Though It Proposes Boosting Continuing Education Requirement From 30 To 40 Hours And Would Give CE Credit On Practice Management Topics
The CFP Board of Standards is requesting comment on proposed revisions to its continuing education requirement for CFP certification renewal. To its credit, the CFP Board is proposing several changes that are in the interest of consumers, who it serves. But it does not go nearly far enough.
Growth In RIA Industry Outpaces Wirehouse Growth As Advisor Population Shrinks And Consolidates
Registered investment advisors as a segment of the advisory population are growing. Their numbers increased by 3% in 2011 to 28,714. Independent RIAs keep more of what they make. Meanwhile, the total number of advisors fell from 323,566 in 2010 to 316,109 in 2011, a Cerulli report says.
Pershing's Tibergien Sees Restructuring Of RIA Industry Similar To Accounting Industry
Mark Tibergien, CEO of Pershing Advisor Solutions, foresees a metamorphosis of the RIA industry. He sees more strategic deals being made, accelerating consolidation of RIAs to add scale, not as an exit strategy for RIA business owners.
CFP®s Are More Profitable, Have Happier Clients, And Are More Productive, A Recent Study Shows
If you’ve gone through the process of earning your CFP® designation, it’s showing. A recent study shows that CFP®s are more productive, add more value to their firms, have happier clients, and boost firm revenues.
2012 Household Financial Planning Survey Highlights Differing Interests Of CFP Board Versus CFPs, Documents America’s Financial Pain, And Shows No Increase In Financial Planning By Americans Since 1997 — But Planning Works
The 2012 Household Financial Planning Survey paints a grim picture of the American household’s financial condition and deals a dose of bad news for financial advisors. Sponsored by the Certified Financial Planner Board of Standards and Consumer Federation of America, the survey was last conducted in 1997, a much better time for Americans and advisors. Data documenting the deterioration in the American household’s fiscal wellbeing overshadow the main highlight of the survey results: that people with comprehensive financial plans are more confident about their finances, save more, a
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- Data Base Allows You To Compare Various Broker-Dealers Either By Pre-Set Criteria Or By Criteria You Input
- JP Morgan Chase Mutual Fund Sales Scandal Shows SEC Is A Joke At Investor Protection: RIAs Should Rise Up Against The SEC And Be Advocates For Investors
- Ric Edelman, One Of Top Financial Advisors Of All-Time, Says He’s Been Alienated By The Financial Planning Association, Which Tells You Something's Very Wrong With The FPA
- SRO Fight Heats Up And May Be Turning As The Threat Of Job Losses Catches Congress's Ears
