Advisors should provide long-term portfolio performance numbers in their commentaries rather than quarterly numbers to encourage clients to view things from a long-term perspective, maintains Harold Evensky.
In a recent Financial Planning Association survey, 85% of advisors said they use ETFs, which has placed the products as the number one choice among financial planners for the third consecutive year. So reports CNBC.
Merger and acquisition activity among registered investment advisor firms hit a new record during the first quarter of this year with 44 transactions being completed, according to investment bank DeVoe & Company. So report BenefitsPro.