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Ex-UBS star broker called a 'bitch' by her boss wins $1.6 million discrimination claim
INDUSTRY NEWS OCT 28, 2019
Ex-UBS star broker called a 'bitch' by her boss wins $1.6 million discrimination claim

Christine Carona was producing $2.1 million in revenue, but had a difficult working relationship with her branch manager.

By Bruce Kelly
INDUSTRY NEWS OCT 28, 2019
Fed will spark 'temper tantrum' by holding rates, Jefferies says

U.S.-China trade tensions and Brexit uncertainty have diminished, while the gap between the Fed's policy stance and that of other central banks has narrowed, economist says.

By Bloomberg
An intelligent way to redefine an accredited investor
INDUSTRY NEWS OCT 26, 2019
An intelligent way to redefine an accredited investor

A bill to expand the definition of an accredited in vestor is sound and should be passed.

By InvestmentNews
Healthy clients will avoid medical costs
OPINION OCT 26, 2019
Healthy clients will avoid medical costs

Kenneth Waltzer's top retirement strategy is to help his clients stay healthy.

By Jeff Benjamin
INDUSTRY NEWS OCT 26, 2019
Prepping clients for retirement health costs

Should advisers focus on the staggering estimates of total health care expenditures in retirement, or look at how near-term expenses will play out over the long run?

By Jeff Benjamin
An intelligent way to redefine an accredited investor
INDUSTRY NEWS OCT 26, 2019
An intelligent way to redefine an accredited investor

A bill to expand the definition of an accredited in vestor is sound and should be passed.

By InvestmentNews
Goldman joins retreat from Fisher's firm
INDUSTRY NEWS OCT 25, 2019
Goldman joins retreat from Fisher's firm

Bank says it will drop Fisher Asset Management as an underlying manager of a Goldman global equity fund.

By Bloomberg
Ken Fisher a flash point for industry's poor record addressing sexism
INDUSTRY NEWS OCT 25, 2019
Ken Fisher a flash point for industry's poor record addressing sexism

The money manager's comments struck a nerve, but are only part of a larger problem.

By Bruce Kelly
Stifel team managing $800 million moves to Wells Fargo
INDUSTRY NEWS OCT 25, 2019
Stifel team managing $800 million moves to Wells Fargo

Manuel Palan, Pamela Glaser and Danny Shoshnik will be based at St. Louis headquarters.

By InvestmentNews
Fisher divestment tops $3 billion after Texas pension bolts
INDUSTRY NEWS OCT 25, 2019
Fisher divestment tops $3 billion after Texas pension bolts

State's pension fund pulls $350 million, citing its fiduciary duty.

By Bloomberg
Is it time for Ken Fisher to step down?
REGULATION AND LEGISLATION OCT 25, 2019
Is it time for Ken Fisher to step down?

Crisis management experts say the company is still playing catch-up and bold actions are needed.

By Jeff Benjamin
LPL Financial cut trade, advisory costs by $15 million in 2019
INDUSTRY NEWS OCT 25, 2019
LPL Financial cut trade, advisory costs by $15 million in 2019

CEO Dan Arnold expects more of the same in 2020.

By Bruce Kelly
Security Benefit indexed annuity fraud lawsuit may signal trouble for other insurers
INDUSTRY NEWS OCT 25, 2019
Security Benefit indexed annuity fraud lawsuit may signal trouble for other insurers

Lawsuit alleges the company deceptively marketed indexed annuities with proprietary indices to consumers.

By Greg Iacurci
INDUSTRY NEWS OCT 25, 2019
Goldman joins retreat from Fisher's firm

Bank says it will drop Fisher Asset Management as an underlying manager of a Goldman global equity fund.

By Bloomberg
OPINION OCT 25, 2019
Is it time for Ken Fisher to step down?

Crisis management experts say the company is still playing catch-up and bold actions are needed.

By Jeff Benjamin
INDUSTRY NEWS OCT 25, 2019
LPL Financial cut trade, advisory costs by $15 million in 2019

CEO Dan Arnold expects more of the same in 2020.

By Bruce Kelly
Schwab platform gives advisers easier access to alternative investments
INDUSTRY NEWS OCT 24, 2019
Schwab platform gives advisers easier access to alternative investments

iCapital Network is first sponsor to join the Schwab alternatives marketplace.

By Ryan W. Neal
Finra fines BNP Paribas $15 million for AML violations
INDUSTRY NEWS OCT 24, 2019
Finra fines BNP Paribas $15 million for AML violations

Fine also covers supervisory failures involving penny stocks.

By InvestmentNews
Finra fines former Merrill top broker $15,000 over falsified CE
INDUSTRY NEWS OCT 24, 2019
Finra fines former Merrill top broker $15,000 over falsified CE

Bruce Lee also suspended for 18 months

By InvestmentNews
TD's Skip Schweiss says he'll do whatever it takes to avoid conflicts as president of FPA
INDUSTRY NEWS OCT 24, 2019
TD's Skip Schweiss says he'll do whatever it takes to avoid conflicts as president of FPA

The FPA's 2021 president-elect said there are plans in place for dealing with potential conflicts.

By Jeff Benjamin