An attorney for brokers who left John Thomas Financial claims Finra is probing whether the brokerage tried to intimidate the departed reps.
Integrated technology leaves firms more time for client-interfacing activities and prospecting, not to mention makes them far more efficient.
SEC and Finra urge caution when buying or selling pensions, citing fears of extensive and unexpected costs.
Long-time executive had most recently been lobbying in Washington for independent broker-dealers
Frank Abagnale says more education — not regulation — is needed to protect elderly; '4,000 times easier'
America's oldest citizens don't have an effective way to choose a financial adviser they can trust, and are confused by the alphabet soup of certifications that claim to be focused on seniors.
Seen as bigger problem than in the past; 'much worse'
Restructuring puts two MetLife B-Ds under one roof, ups pressure to sell proprietary products.
Finra on Tuesday slapped LPL with a $7.5M fine, its largest ever for an email-related case. The brokerage allegedly failed to adequately oversee 28 million electronic messages over a four-year period.
In regulatory cross hairs, broker-dealers are putting limits on products and revising policies.
Robert Mulholland has breathed new life into the adviser ranks of UBS since the wirehouse's low point in 2009. It hasn't been easy. | <a href=http://www.investmentnews.com/gallery/20130509/FREE/509009998/PH>How does UBS rate with customers?</a>
A number of firms would likely be interested in buying Genworth's wealth management business — if it's on the block, that is.
MassMutual getting $54B in AUM in proposed deal, doubling plan participants
The Hartford is reining in investment options for some variable annuities, leaving advisers scrambling to find their clients who have them. That's raising worries about the amount of work — and potential liability — they may face.
