Model portfolios, referrals from Merrill Edge and tapping into "overlap" with Bank of America's commercial unit were driving advisor efficiencies and bringing in record numbers of new clients.
Advisors are taking advantage of the one big tax break that hasn’t disappeared—deductions for charitable giving, according to a new survey by Fidelity Charitable.
While investors believe they will need an average of $1.7 million for retirement, a new survey from Schwab Retirement Plan Services suggests employee investments may not be addressing that need.
