The wirehouse's Video Pro guides advisors through creating compliance-approved content for clients and prospects.
Dominic Ismert's attorney said the recommendation to invest in an oil fund was made 'off the cuff,' without appropriate research and analysis of whether it was suitable for him.
Last month, the California financier agreed to a $10.2 million penalty related to his alleged role in a scheme to steal money meant to be invested in Native American tribal bonds.
The four advisors operate as Momentum Wealth Partners in Akron, Ohio.
More than a third of converted funds have posted net outflows since they made the switch, according to data compiled by Bloomberg.
The American Securities Association had filed suit alleging that a DOL document improperly claimed that a one-time recommendation to transfer assets from a company plan to an IRA triggered fiduciary duty.
Albuquerque-based Legacy Financial Group was founded in 1995 by Cris Giron and Eddie Fernandez.
Dattomo, a longtime executive for medical associations, takes over from Geoffrey Brown, who departed NAPFA in November to become CEO of the Illinois CPA Society.
Fewer retirement plan participants took hardship withdrawals to meet their immediate financial needs, according to the report.
Finra's action against Long Island Financial Group is yet another indication of its dissatisfaction with the industry's implementation of Reg BI.
BlackRock, Schwab, Vanguard and State Street could be inviting a political backlash with proxy voting campaigns aimed at avoiding a political backlash.
The firm would be one of several companies providing sustainable target-date funds in the US.
Investors will be able to see whether a brokerage has been flagged for having a history of misconduct or employing a number of reps with disciplinary violations.
But the deal raises the possibility other firms may go after the Securian advisors; Cetera and LPL have faced off in the past over recruiting advisors amid an acquisition.
The 35-year-old co-founder of AdvicePay and XY Planning said he got the AdvicePay board's blessing late last year to make the transition.
The target-date funds will invest in actively managed sustainable and ESG-focused exchange-traded funds managed by Putnam.
Prior to the expansion of state pension systems in the 20th century, it was only the rich who could reasonably expect comfortable leisure time at the end of their lives.
As firms increase in size, client referrals represent a declining percentage of new assets, while marketing accounts for a greater percentage.
We don't know how Reg BI or the CFP credential's fiduciary standard work in practice because there has been no substantial punishment for violating them.
Daniel Gamba starts work as president of the $1.2 trillion asset manager on April 3.
