Advisor Business

Bureau Of Labor Statistics Projects Eight Areas In The Financial Industry To Thrive Between Now And 2020

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That the financial services industry is undergoing radical change is something everyone involved in the industry knows. But exactly what areas of the industry will be in the highest demand in the future? The top eight areas identified by the Bureau of Labor Statistics offer hope that the industry will continue to thrive, even after the challenges of the 2008 crisis and the ensuing Great Recession.

BrightScope And Spaulding Group Propose Universal Performance Standard For Financial Advisors

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BrightScope, which provides financial information and investment research, and The Spaulding Group, which offers performance measurement products and services, this morning proposed a performance standard for financial advisors.

Vanguard Showing Through Money Flows That Investors Are Still Cost Conscious

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Investors have grown ever more cost conscious over the years, especially since the 2008 crisis. Vanguard established itself based on that characteristic of investors and, 40 years later, its success has only accelerated.

For Over Two Decades, Compensation For Female Brokers Has Lagged That Of Male Counterparts

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Although the pay gap for female stockbrokers is narrowing, it has been stubbornly significant since the 1980s. Among women in the personal advisor group, men made 41.6% more in 2010 than females did. Those who fell into the US Census Bureau’s securities, commodities, and financial services sales agents classification made 37.3% less.

Earnings Of A Variety Of Industry Firms Varied Substantially During The First Quarter

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Financial industry advisor partner firms lost money during the first quarter in spite of the surge in the equities markets. Reuters saw firms report earnings that were down 85% even though revenues were up by 28%. Another company tracker said that earnings on a special group they track were down 97% on year-over-year quarters.