Getting rid of the paper involved in using the Automated Customer Account Transfer Service will also speed the process, robo says.
Researchers suggest the funds don't adequately hedge against sequence-of-returns risk in retirement.
The payout ranks among the middle tier of settlements reached by other asset managers in similar lawsuits.
Broker Patrick Foley failed to show up last month for testimony before Finra.
Tech required by UHNW investors is more sophisticated.
No clear value to GPB securities puts them at odds with firm's policy over alternative investments.
Veteran broker accumulated 34 disclosures over 21 years in the industry.
Industry push results in chance to air grievances on July 17 and another month to present objections.
Backtested formulas often don't work in the real world and should be well regulated
Don't approach planning the same way with all your clients.
Multiple accounts at previous employers diminishes the feasibility of these accounts
Documentation will be key to passing exams under the rule, observers say.
Jones has seen $18 million of client assets move to a rival brokerage firm.
Kyung Soo Kim, no longer employed in industry, also suspended for one month.
The question is how much mitigation and elimination of conflicts — versus disclosure — will really happen at firms and be required by the SEC.
The secretary of the commonwealth is proposing a fiduciary standard in response to an SEC investment-advice rule he views as too weak.
Arguments by Northeastern states in court hearing later this month deemed a long shot by legal experts
Company is offering clients complimentary, two-year membership to an identity theft protection and credit monitoring service.
Find out about the different Roth conversion strategies available to you
Agency says Jovannie Aquino recommended series of frequent, short-term trades while charging commissions and fees for each trade.
