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The stimulating investment of direct marketing
We definitely live in an age of information overload. I can barely manage the hundreds of choices from my cable TV provider. Hundreds of TV channels, a variety of social media options, and an increase in business networking opportunities leave us little time to think and digest what we hear and read, and what it …
Direct business compressed as a result of the DOL rule
As brokerage firms strive to implement the DOL rule, the old-fashioned direct mutual fund industry is shrinking rapidly. As an indication of this trend, officials at Pershing LLC revealed last month that the movement of assets held directly in fund companies has accelerated this year. “Since the start of the year, we have had 450,000 …