Episode Summary

Bruce first talks to Mike Edmiston, the new head of the plaintiff’s bar group, PIABA, about RIAs and investor lawsuits and then to IN’s own Emile Hallez about financial advisers and the Great Resignation.

Episode Notes

In this episode, you’ll hear about: 

• Non-industry perspective on cases involving typical arbitration at Finra.
• How Finra and the SEC are responding to unpaid arbitration awards. 
• What to expect for RIAs and arbitrations. 
• How the Great Resignation is impacting the financial adviser space.  
• How advisers are handling advising their clients through the Great Resignation.
• Advisers utilizing this time to build their own practice.

Related article: https://www.investmentnews.com/practice-management/the-great-resignation-is-for-advisers-too/214075

Guest Bios:

Michael S. Edmiston is an attorney at Jonathan W. Evans & Associates in Studio City, California. He has practiced with the firm since 2006. He  is the new president of the Public Investors Advocate Bar Association. Prior to entering private practice, Michael served as a Senior Staff Attorney with NASD Disput Resolution (now FINRA) in Los Angeles, California (1997-2001), and as a Business Manager with JAMS in Dallas, Texas (2001-2004) and Orange, California (2004-2005). His practice focuses on representing investors in FINRA arbitration, private commercial arbitration forums, and in state and federal court.

Emile Hallez has been the retirement and insurance reporter at InvestmentNews since early 2020. Emile has covered the retirement beat since 2012, working as a reporter and associate editor at Ignites, a Financial Times publication. Prior to his work in financial journalism, he cut his teeth as a reporter at Evergreen Newspapers, a small chain of community papers in Colorado. Going back even farther in time, he worked as a technician at a tissue bank, making bone, soft-tissue and skin grafts. Emile is passionate about vegan cooking, rock climbing and cycling. He can often be found exploring the woods of Maine with his wife, Meika, and rescue mutts Piper and Buckey.