Highlighting such filings should help the public make more-informed decisions when choosing a financial planner, group says
There's no stemming the tide. Apple's stock has risen to $618 this year, a 53% jump. Sales of the new iPad have been stellar. And now, one analyst is predicting Apple's share price will top $1,000 within a year -- and revenues, spurred by sales in China, will pass $1 trillion in a decade.
Apple's latest iPad initially generated rave reviews and phenomenal sales. But Consumer Reports is saying the new tablet with the high-def screen runs 'significantly hotter' than earlier models. Is this a deal-breaker?
Buy, rather than build. That appears to be the consensus among several industry insiders, analysts and financial advisers on why LPL Financial acquired the wealth management consulting firm Fortigent LLC.
Commission looking into due diligence performed by brokerages; do you understand what you're selling?
After incurring a 'signficant loss' in 2011, Finra plans to raise a number of user fees. How big a hit will B-Ds take? The hikes will range anywhere from 5% to 50%.
Although 2011 offered its share of challenges, independent broker-dealers were still able to rack up solid gains.
For independent broker-dealers, 2011 was a challenge. Mounting technology costs, intense scrutiny and new rules from securities regulators were compounded by record low interest rates, which decimated returns on once-lucrative activities such as margin lending and holding clients' cash.
T. Timothy Ryan, president and chief executive of the Securities Industry and Financial Markets Association, said he wants regulators at the Securities and Exchange Commission and the Labor Department to move forward together on creating a single fiduciary standard of care for retail stockbrokers
