Maryland Securities Commissioner Melanie Senter Lubin said brokers should be able to clear their records only in very limited circumstances.
A free meal can help win new clients, but some advisers say the prospecting strategy is dated and projects a bad image.
The service is designed to encourage retirement savings and discourage workers from cashing out 401(k)s when they change jobs.
A NASAA exam sweep shows that more than half of advisers lack policies and procedures to address exploitation of elderly clients.
The research finds that funds in health savings accounts are being used for current expenses, rather than being invested for costs during retirement.
The addition of Axio Financial will add structured notes to the iCapital platform, marking the first product technically available to retail investors.
It seems as though the pandemic should have provided the motivation for advisers to address their continuity needs.
Alberto Sisso is moving to Raymond James' employee unit in Fort Lauderdale, Florida.
The plan is aimed at small to midsize businesses that have less than $25 million in retirement plan assets
The network is prodding the SEC to force brokers to register as advisers if they give advice, provide financial planning or hold themselves out as advisers.
The broker, Shaiful Chowdhury, was arrested for possession of 10 pounds of marijuana a month after he joined Merrill Lynch in New York City.
The more individually tailored a communication to a customer is, the more likely it is a recommendation, SEC Commissioner Allison Herren Lee said during the NASAA fall meeting.
Carrie Turcotte and Crystal Walker run NorthShore Financial Strategies in Chattanooga, Tennessee.
Most employers have tuition-reimbursement budgets, though they hardly spend them. Those budgets instead could go to student loans.
While industry groups argue the programs will take business away from advisers, there are still ways to get involved in the retirement planning process.
A recent report by Natixis speaks to areas that can be addressed to improve U.S. retirement security, and there’s plenty of evidence about what needs to be done.
Known as the Inter Alia Group, four reps and four associates make switch in Portland, Oregon.
The cybersecurity solution, which aims to protect advisers and their end clients' business email, comes from tech firm Armorblox.
The agency says the firm favored ‘flippers’ over institutional and retail clients when it allocated newly issued municipal bonds.
AdvicePay, the payment tool co-founded by Michael Kitces, is trying to make it easier for large advisory firms to adopt differing fee models — and accept payment in a compliant manner.
