Merrill Lynch's turn away from big recruitment packages and toward a focus on incentivizing current advisors seems to bear fruit: The number of new households with over $250,000 increased by 60 percent year-over-year, with advisor attrition to competing firms at an all-time low.
Morgan Stanley’s head of Cybersecurity for Wealth Management Technology reminded the NAPA 401(k) Summit crowd that state-sponsored crooks are stealing millions.
Despite recent and expected hikes by the Federal Reserve and stocks selling off, U.S. companies paid a record amount of cash dividends in the first quarter of 2018. These dividend-paying ETFs should be on your radar screen, according to CFRA research.
