Chief securities cop Galvin sets up new unit to monitor newfangled funding methods.
Proponents want rule, critics worry about investor protection.
Risks include lack of information, new reporting standards, Abshure says
Affluent investors embrace a broader definition of youth as life expectancy stretches
With social media, the cloud and third-party data feeds, your network is a lot broader than you think. How can you assemble and make sense of your technology, determine opportunity and risk factors, and provide on-demand reporting?
Rudy Adolf of Focus Financial has done the math: Wall Street wirehouses destroy close to $50 billion of portfolio value each year with "unnecessary fees and depressed performance based on poor product choices, or both."
Affluent investors embrace a broader definition of youth, changing their retirement needs
Approximately 67% of firms either don't have succession plans for their businesses or have plans that are not ready to be implemented. Is your business ready?
SEC chairman Mary Jo White says the agency will review even small trip-ups, but some observers wonder whether it will miss the forest for the trees.
An SEC advisory panel has floated a proposal that would raise investment advice standards for brokers, putting them on par with investment advisers. The proposal is sure to raise some hackles.
“I want to be sure we are looking first at the individual conduct and working out to the entity, rather than starting with the entity as a whole and working in,” SEC Chairman Mary Jo White said.
Wall Street banks, facing a drop in third-quarter trading revenue, are counting on Wednesday's Federal Reserve announcement to spark a surge in volume.
Another day, another VA pullback. This time, Protective Live is putting the brakes to sales of its variable annuities, including clamping down on 1035 exchanges.
Technology is supposed to be ever evolving and ever improving, which is why advisers are encouraged to embrace the next big thing. But that isn't always practical or wise.
Financial advisers who integrate technologies will pay more than those who buy separate software solutions, but they stand to gain in annual income as well as future positioning. Liz Skinner reports live from FPA Experience in Florida.
Plus, Morgan Stanley's Graystone Consulting gets new executive director, financial adviser.
Four-adviser team have combined production of $5.8 million.
A collection of the most influential adviser tweets via the #FPAExperience conference hashtag
Health care exchanges aren't meant for retirees, but advisers should still help clients with Medicare choices.
Finra moving inexorably in the direction of emphasizing a fiduciarylike standard.'
