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Advisory firm clients value these words more
RIA NEWS OCT 25, 2018
Advisory firm clients value these words more

Certain terms should be used — and avoided — when advisers offer value propositions, Pershing study concludes.

Wells Fargo places two executives on leave
PRACTICE MANAGEMENT OCT 25, 2018
Wells Fargo places two executives on leave

Move occurs amid regulatory investigations into the bank's sales practices.

Diversity and inclusion a 'bull-market phenomenon'
RIA NEWS OCT 24, 2018
Diversity and inclusion a 'bull-market phenomenon'

Morgan Stanley vice chair says firms need to foster diversity in good times and bad

Wall Street banks to get fee cut from top lobbying group
RIA NEWS OCT 24, 2018
Wall Street banks to get fee cut from top lobbying group

SIFMA looking to streamline operations, save millions.

Regulatory outlook for 2019 shaping up to be more positive
REGULATION, LEGAL & COMPLIANCE OCT 24, 2018
Regulatory outlook for 2019 shaping up to be more positive

The SEC's proposed advice rule and efforts to strengthen Finra will be among the critical areas next year.

The market doesn't care about positive earnings
EQUITIES OCT 24, 2018
The market doesn't care about positive earnings

Stocks are ignoring corporate earnings reports to focus on macro worries about rising rates and trade tensions.

Morgan Stanley case shows how firms smear departing brokers
REGULATION, LEGAL & COMPLIANCE OCT 23, 2018
Morgan Stanley case shows how firms smear departing brokers

Even when Finra arbitrators decide that a firm reported inaccurately on a broker's dismissal, they rarely award monetary damages.

Wells Fargo to pay New York $65 million over cross-selling practices
WIREHOUSES OCT 22, 2018
Wells Fargo to pay New York $65 million over cross-selling practices

Bank says the settlement relates to product sales goals that were eliminated in 2016

Goldman moves digital bank to wealth unit
FINTECH OCT 22, 2018
Goldman moves digital bank to wealth unit

Marcus, which makes personal loans online, will be pitched to the wealth management division's clients.

Small-cap stocks best large-cap, while growth stocks continue to trounce value
RIA NEWS OCT 22, 2018
Small-cap stocks best large-cap, while growth stocks continue to trounce value

Latest SPIVA scorecard contains mostly expected results, but a few surprises, too.