The Sanford, North Carolina-based firm oversees $1.3 billion in assets.
"Perry is a very talented, sharp person, who's been bumped up from recruiter to head of a region to leading a division," says one industry executive.
'My suspicion is that if [Scott’s bill] passes, then the number of Main Street investors who are sold an unregistered security will far exceed the number of Main Street investors who actually go looking for such a product,' an advisor says.
'Interest rates are coming back, so where you put clients' money in cash is an issue again,' one attorney notes.
One-fourth of advisors say the websites of asset management firms aren't meeting their basic needs, a J.D. Power study shows.
Independent agents who sell annuities could be fiduciaries for the first time.
IRS announces increased contribution limits for retirement savings plans.
TIAA Institute report reveals many caregivers are young adults, and how advisors can help.
'The best kind of regulation is when the private sector works with regulators to craft regulation that is efficient, effective, workable and narrowly targeted,' says the architect of the Obama DOL's fiduciary rule.
Bellevue, Washington-based iCap focused on developing apartment buildings and stand-alone real estate.
Harnessing a personalized, data-centric approach has proven effective in helping financial advisors retain clients and drive business growth.
Brokerage firms walloped in case that could upend industry.
But even those who already work in a fiduciary capacity will be affected, one lawyer says.
'I just want you to know we're watching,' President Biden warns advisors who put their own interests above needs of clients.
'The financial advisor recommended he put the entire amount in GWG L bonds,' the claimant's attorney says.
The corporate retirement group at Mesirow serves more than 350 plans that have about $13 billion in assets under advisement and management.
The forthcoming application for Federal Student Aid will have some big changes that will help some families and hurt others.
New proposal wants to rework definition of a fiduciary and 'close loopholes.'
Mike Mayo says the payouts to three senior leaders suggest governance risk.
