After determining a client is paying unnecessary taxes, LifeYield will recommend specific trades.
Fee-based advice is not perfect, but most clients prefer it over a commission-based option
Chairman Ben Brigeman will serve as interim chief executive while a search for a permanent CEO is conducted.
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.
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.
Some advice firms have given up on integrating a digital platform.
Advisers wonder what the lack of a formal brokerage agreement means from a regulatory standpoint.
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
Robo sweeping cash to banks instead of investing in low-risk bonds.
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.
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.
