Many advisers in Massachusetts who moved from SEC oversight to the state last year failed to disclose that they have custody of client assets — a result of poor understanding of custody rules.
A group of veteran Morgan Stanley managers has broken away from the wirehouse to form a partnership with Raymond James to offer equity ownership and succession planning to advisers.
Preparedness may mean staying on the job, but burned-out investors need an incentive
Anyone who thinks they have busy days should listen to Chris Pollard's tale. This Regent Wealth Management Group financial adviser spent a year activated in the Army National Guard as a budget analyst by day — while serving his 100 advisory clients at night and over the weekends.
Cerulli study forecasts a drop of more than 25,000 advisers by 2017, most from wirehouses and broker-dealers. The problem? A lack of new recruits.
Recent moves point to building momentum after year and a half of sluggish action
Deferred-income annuities offer certainty but limitations too.
One plan would let value of some money funds float, another would impose redemptions.
Insurer no longer taking 1035 exchanges or rollovers, but brokerage gets pass
Di Florio to set up new unit to ID emerging vulnerabilities for investors and markets.
Benefits depend on if you remarry and when. How not to leave money on the table.
Benefits depend on if you remarry and when.
Arizona group of about 40 financial advisory practices joins LPL. The network's founder is looking to add 50 new offices next year.
The Federal Reserve said policy makers see improvement in economic activity. How will this impact your bond investments?
Next week, the Bureau of Labor Statistics will issue the September Consumer Price Index report, the final piece of data that the Social Security Administration needs to plug into its annual cost of living adjustment formula. Social Security benefits — and the taxable wage base for workers — will be slightly higher next year as a result of the COLA.
Wing F. Chau, the bond manager who sued Michael Lewis over his depiction in the 2010 book “The Big Short,” was accused by U.S. regulators of violating his fiduciary duty by accommodating requests from Magnetar Capital LLC in managing financial products linked to subprime mortgages.
Labor Department says CPI report will not be released next week.
Groups from Salt Lake City, Charlotte, N.C., manage close to $500M combined.
When your clients wake up in the middle of the night with sweaty palms, what are they afraid of? What is it they ultimately want you to protect them from?
Joe Duran says the financial services industry has been guided by calculable and analytical thinking and driven by results. That has led to a bias toward a certain kind of employee.
