A former middle school and high school English teacher, Bruce Kelly started at InvestmentNews in 2000 as the brokerage reporter after a two-year stint at sister publication Pensions & Investments. He writes a bi-weekly, award winning column, On Advice, and covers the independent broker-dealer industry.
"Interest rates aren’t going down anytime soon," said James Corl of Cohen & Steers.
"It doesn't look too problematic at all," Paul Reilly said.
"It appears to be less restrictive than what was proposed," says CEO.
"I do believe that the market is very competitive," says Ameriprise CEO Cracchiolo.
"We’re seeing continued deal flow of mid-sized and smaller RIAs, along with broker-dealers, too," one banker said.
'Credit unions are nonprofit institutions, so that creates a collaborative approach,' Cassidy says.
By 2020, 'GWG had shown years of losses and large negative cash flows,' a securities arbitrator writes.
'Is four grand really going to influence a politician’s thinking?' one consultant asks.
Although departures of financial advisors may have slowed at certain large firms, that doesn't mean the problem's been squelched.
"We have a handful of open cases against Arete Wealth, and some involve Center Street, as well," says a plaintiff's attorney.
