Regulator launches target examination to assess compliance values and how they influence brokerages' ability to adhere to securities rules.
Policies and procedures which, when layered upon already onerous rules and regulations, fail to recognize advisers' years of experience and wisdom.
Plus: Most investors made money in March, negative interest rates could mean the end of cash as we know it, and re-writing office dress codes
Clients will appreciate candor, but they're not always prepared to apply what they hear.
Top-producing financial advisers have never been more sought after. The steady revenue and cross-selling opportunities of wealthy clients are highly valued by banks.
The Securities and Exchange Commission will be looking at ETF sales strategies, trading practices and disclosures, as well as suitability and sales supervision of variable annuities.
A lesson in responding to a heckler while participating in an industry panel
Client retention and creating a service-based strategy for a seamless transition are paramount.
Called 1888 Management, the firm scouts for personal investments for the Kochs.
It pays to understand any governance structures already in place to ensure they meet expectations for every type of client.
Initiative will link mentors with those studying for CFP mark in an attempt to address gender gap in financial planning.
Distribution of more variable annuities in an advisory rather than commission environment could play out as a result of Labor Department regulation.
Agency brought 126 actions against more than 230 adviser or company defendants in 2015, about 15% of the total enforcement cases last year.
Mr. Thibeault pled guilty to misappropriating around $15 million from the GL Beyond Income Fund.
Rule requires transferring brokers to send an “educational communication” to clients they are trying to convince to make the move with them.
An exam can be demanding and time-consuming, but it will go smoother if you prepare for it in advance. </br><b><i>(Plus: <a href="//www.investmentnews.com/gallery/20160311/FREE/311009999/PH/sec-exam-cheat-sheet" target="_blank" rel="noopener noreferrer">10 tips to survive an SEC exam</a>)</b></i>
Key takeaway from career website Glassdoor Inc.'s latest report: The more skills a role requires, the better chance it has at commanding a higher salary.
The Financial Industry Regulatory Authority Inc. barred a Phoenix-based broker for making 12 unsuitable recommendations regarding debt instruments known as debentures.
A new working paper by business school professors at the University of Chicago and University of Minnesota also found that industry-wide 7% of financial advisers have been disciplined for misconduct.
Time for advisers to double down on their 'you' advantage to fend off the rise of low-cost, tech-driven competition.
