Advisers who live by the maxim “the early bird catches the worm” might want to think twice before getting a head start on making the switch to state registration
But firm added 161 advisers overall in 3Q, CFO Robert Moore says
Ron Carson is exiting after more than two decades at the B-D. The well-known adviser cites shortcomings in the brokerage's RIA platform as one reason for his departure.
Big run-up in share price for Molycorp in a year dominated by public offerings for Chinese companies
LPL Investment Holdings Inc. will make its market debut Nov. 17, according to sources familiar with the firm's planned initial public offering.
In a comment letter sent today to the Securities and Exchange Commission, the Investment Company Institute said the agency's proposal to cap 12(b)-1 fees puts the SEC in 'the inappropriate role of a rate maker.'
Finra and IAA square off in an adviser oversight battle
Investment advisers have been helping to bring a network of “academies of finance” to life in high schools across the country, teaching classes and mentoring students, some of whom have gone on to careers in financial services
In the thick fog of our national pessimism, only the lowest-toned tales of impending doom find any resonance.
By some measures, deflation in United States is no longer a question of if, but for how long and how deep.
Rep. Spencer Bachus (pictured) is now in line to head the House finance committee -- and he's been a key supported of an SRO for financial advisers
If you want to believe that the lame-duck Congress will come to the rescue after Election Day and renew the Bush-era tax cuts, return the estate tax to its more palatable 2009 levels and increase the exemptions from the alternative-minimum tax, go ahead.
The SEC's study on fiduciary duty has inspired thousands of comment letters and nearly two dozen visits to the agency by interest groups. But a report that may have just as big an impact on the advisory industry is garnering little attention.
The good news: the clock ran out on a bill that could have ultimately stripped brokers' of their independent contractor tax status. The bad: the issue may come up again in two years.
The Standard & Poor's 500 Index may rally as much as 16 percent in the next six months because yesterday's election will stymie legislative initiatives in Congress, billionaire investor Kenneth Fisher said.
The U.S. Securities and Exchange Commission banned brokers from letting clients make unsupervised trades on stock exchanges amid concern that a rogue transaction could roil markets.
Pressure likely to be exerted on SEC, Finra, other agencies; 'unprecedented level of congressional oversight'
The following are remarks delivered by Federal Reserve Chairman Ben S. Bernanke at the Revisiting Monetary Policy in a Low-Inflation Environment Conference at the Federal Reserve Bank of Boston on Oct. 15
Commission said to be examing whether HRJ investment firm shifted debt obligations to limited partners
Tate George charged with running $2M Ponzi scheme; made memorable jumper for Huskies in NCAA tournament
