Fee-based advice is not perfect, but most clients prefer it over a commission-based option
This month's edition kicks off with the big news that eMoney Advisor founder Edmond Walters is back, with a new financial planning software competitor.
Many financial plans are flawed because advisers don't get enough clarity about the intention and purpose behind people's priorities.
Chairman Ben Brigeman will serve as interim chief executive while a search for a permanent CEO is conducted.
These next-generation leaders are raising their voices and gaining influence over financial advice regulation and legislation.
Advisory firms should have a clear protocol for reporting offenses, assaults.
Investment Adviser Association works to preempt bias toward passive funds in retirement legislation.
Move steps up competition among fintech startups.
Advisers wonder what the lack of a formal brokerage agreement means from a regulatory standpoint.
Some advice firms have given up on integrating a digital platform.
Sources say Kestra is being valued at between $600 million and $800 million, about eight to 10 times EBITDA.
But a memorable stock ticker can give exchange-traded funds a boost.
IBD agrees to repay customers $1.9 million in addition to a $225,000 fine
Arbitration claim accuses well-known adviser of actions that resulted in excessive fees.
He pleaded guilty to securities fraud in 2017; charged clients excessive commissions.
Robo sweeping cash to banks instead of investing in low-risk bonds.
Floyd Powell received $104,000 in commissions from the transactions.
Readers are flocking to stories on tax-free munis — but why?
Enhanced level of accountability is necessary to weed-out bad actors that tarnish industry and harm investor confidence.
Buybacks are diverting cash companies should be using to make capital investments, GOP senator says.
