Displaying 187 results
Envestnet gets a lot of love from advisers and the Street
Investment advisers are flocking to the asset management and technology company and it's become a market darling. The stock is up 178% over the last year.
Finra arb panel sends reps a message
Steep punitive damages awarded to a client show that reps will be forced to pay heavily for their misconduct
How many more wolves are left on Wall Street?
Investors and regulators are more tuned in to fraud now than in the days of the big boiler rooms.
Face it: Americans resent how well industry is paid
The financial services business is out of touch regarding the sensitive issue of compensation even as the American public remains angry at Wall Street bankers for the credit crisis. Bruce Kelly explains.
Regulators’ uphill battle for illiquid investment transparency
Shedding light on illiquid investments should be a priority for the investment advice industry, but confusing disclosures and related-party transactions will pose unique challenges.
The ghost of private placements past
As the year comes to a close, it's evident that independent broker-dealers are racking up a bonanza from the sale of alternative investment products, namely nontraded REITs. Question is, have firms learned from past mistakes?
As nontraded REIT sales sizzle, have firms learned from past mistakes?
IBDs are racking up a bonanza of commission dollars and marketing cash from the sale of alternative investments, namely nontraded REITs. IN senior columnist Bruce Kelly on whether the firms have learned from the sale of fraudulent private placements several years ago.
Is it time to rethink the price-earnings ratio?
Investment strategist James Paulsen of Wells Capital Management asks whether it is time for investors to shift their historic perceptions of the potential long-term performance of stocks in light of the past 25 years of performance.
Seinfeld star’s adviser Bambi Holzer sued by Finra over Provident deals
Adviser to the stars Bambi Holzer is facing the wrath of regulators for allegedly lying to one of her former firms when she sold preferred shares of Provident Royalties in 2008. Her BrokerCheck report is one for the ages.
Alts require due diligence
In the wake of fraud allegations over alternative investments, Bruce Kelly warns that advisers need to do their due diligence when choosing an alt. More: Investors defrauded by real estate guru: Finra
Mountain of money in nontraded REITs continues to hold Wall Street’s attention
Wall Street continues to intensify its loving gaze on the domain of independent broker-dealers and the alternative investments they're selling. This time, the Street's sights are on nontraded REITs.
Wall Street loving IBDs and their nontraded REITs
Wall Street continues to intensify its loving gaze on independent B-Ds and the hot alternative investments those firms are selling a ton of: nontraded REITs.
Has the glass ceiling in financial services really been broken?
Joe Duran says the financial services industry has been guided by calculable and analytical thinking and driven by results. That has led to a bias toward a certain kind of employee.
Seinfeld star’s adviser sued
Adviser to the stars Bambi Holzer is facing the wrath of regulators for allegedly lying to one of her former firms. Bruce Kelly tells the story.
Soaking the rich is institutionalized
Bruce Kelly sheds light on the sleight of hand that investment banks and wirehouses play when charging fees to the very rich for investment advice.
A novel idea
An industry vet pitches ideas to Finra brass on how regulators and reps can work together to protect investors and create more streamlined and efficient compliance for advisers. Imagine that.
LPL right to eliminate ‘self-supervision’
Beginning in 2015, firm to charge its reps for outside supervision.
Relationship between Wall Street and independents grows
Big guns making inroads but it's not an easy task as winning trust is key to the holy grail.
Finra’s financial woes no recipe for viability
SRO recorded substantial losses in 2012
Nontraded-REIT party is about to commence
A half dozen nontraded REITs are planning 'liquidity events' that could float investors' boats. Bruce Kelly has the details.
