@newsfromIN Finra panel on nontraded REIT valuations: $10 per share, $10, $10then, WHOOPS, it's $5. That is something we'd like to change.
— Bruce Kelly (@BDNEWSGUY) May 22, 2012
@newsfromIN Finra panel: Small BDs sometimes get shut out of due diligence process when asking about nontraded REITs. #Finra
— Bruce Kelly (@BDNEWSGUY) May 22, 2012
@newsfromIN Finra working on new system in which BDs file PP memorandum with regulators 15 days after brokers sell the deal. #Finra
— Bruce Kelly (@BDNEWSGUY) May 22, 2012
By listening for what truly matters and where clients want to make a difference, advisors can avoid politics and help build more personal strategies.
JPMorgan and RBC have also welcomed ex-UBS advisors in Texas, while Steward Partners and SpirePoint make new additions in the Sun Belt.
Counsel representing Lisa Cook argued the president's pattern of publicly blasting the Fed calls the foundation for her firing into question.
The two firms violated the Advisers Act and Reg BI by making misleading statements and failing to disclose conflicts to retail and retirement plan investors, according to the regulator.
Elsewhere, two breakaway teams from Morgan Stanley and Merrill unite to form a $2 billion RIA, while a Texas-based independent merges with a Bay Area advisory practice.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
