RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

How Barron’s 'Next' lays bare the tail-wags-dog sponsored content predicament facing financial journalism

The web-only Dow Jones publication for wealth-seeking, 'coddled' millennials chums its site with brands under bylines in search of millennial bites as media mavens wonder if the under-40s will accept it, notice it or have enough money to act on it

Author Janice Kirkel November 16, 2016 at 9:21 PM
Admin:
no description available
The staff of 'Next' hopes to capture hearts and wallets of HNW-hopeful millennials. ((Photo credit: Gary Spector for Barrron's)

Kevin Starkey

Kevin Starkey

November 18, 2016 — 4:27 PM
Thanks for putting out an article about a reality many of us have grown frustrated by as we search for meaningful content! It has become so challenging to find, non-political, non-advertiser swayed articles from sites that were once solid sources of relatively unbiased news.
Stephen Winks

Stephen Winks

November 18, 2016 — 7:21 PM
The Wall Street Journal deriving 55% of its revenue from online sources tells us quite a bit about where sales and marketing are headed as the industry moves from transactions to individualized advisory services. The marketplace is telling us that products don't add vale, it is what you do with products, or prudent process, that adds the value. Not many product vendors or b/ds .are focused on portfolio construction--yet that is the future. Market leadership is in great demand and it will not look like anything we have seen before. SCW

Related Moves

Joanna Rotenberg is departing Fidelity Investments after only two years, writing that she traveled 20,000 miles and successfully split her retail division into wealth and brokerage units

At her hire, analysts were adamant the head of Fidelity retail had 'big shoes to fill' to replace legendary Kathleen Murphy and her task of 'digitiizing' retail was no small ask

December 16, 2023 at 2:22 AM

Biz Briefs: The sorry scene at my local First Republic branch • Schwab launches new (smaller) lay-off round • Schwab hoovers pennies passing FINRA fee to clients • Gensler pleas for funds • Fidelity owner's private equity pres. retires • an Orion-Envestnet staff switcheroo • LPL dumps FutureAdvisor

Range Rovers screeched in and drivers joined a grim queue to get their cash, and cookie • The Schwab-TDA deal cull count now stands at roughly 3.5% of its staff • FMR's hockey star president has stepped down • SEC chief wants more enforcers • An Envestnet executive proves joining a rival is good business • LPL now has an in-house robot.

April 29, 2023 at 1:36 AM

Fidelity will hire 4,000 staff in first half -- a staggering number but a tapering off from 'unprecedented' rate in 2021-2022 that catapulted it to 68,000 employees

The $10.3 trillion giant explains its hiring -- in a layoff environment -- as an RIA-like goal, namely having the human bandwidth to develop 'lifetime' relationships with its 40 million investors

February 17, 2023 at 2:49 AM

Fidelity Investments loses Kathleen Murphy who largely caught up Fido to Schwab (near $4T) on the retail side by reversing net promoter scores

The 'no whining allowed' leader of the Boston giant's retail business, who oversaw $2 trillion in net new assets, was ready to exit but hung in through a year dominated by COVID-19 challenges

January 23, 2021 at 2:02 AM

See more related moves

Mentioned in this article:

The Rudin Group
Marketing & Public Relations
Top Executive: April Rudin



RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo