Reduction from 2.7% to 2.2% could save smaller clients $5,000 a year.
The Kansas-based firm is a super OSJ that provides compliance and marketing support for 11 independent advisory practices
Firm will also pay a $750,000 fine to Finra for failing to supervise broker who sold tribe non-traded REITs and BDCs.
The broker allegedly used the firm's parking garage stamp to validate parking garage tickets worth $731.
Combination of investment banks will add to presence in small-cap market.
Straight-through trade processing now possible, says portfolio accounting service provider.
In a roll-back of post-Madoff change, requests will go through acting division director, say sources.
Count is up 4% over 2015; percentage of millionaires is flat and wealth more concentrated
State's Department of Business Oversight examined only 6.2% of state-registered investment advisers and 0.8% of broker-dealers in 2015-16.
