A recent survey of investors concludes that advisors use of personal services, rather than investment services, plays a major role in building client relationships, reports Millionairecorner.com.

A recent Accenture study has concluded that nearly half of the nation’s financial advisors communicate with clients through social media, reports Forbes.

Turnkey asset manager Envestnet plans to buy the wealth management solutions arm of Prudential for $10 million and potential consideration of up to $23 million in cash over three years, reports Financial-Planning.com.