Displaying 8983 results
Finra fines LPL $3M for failing to detect wire transfers that harmed clients
One broker used client funds to pay expenses, while another used client cash to buy real estate.
Our next moon goal — the best for the world
InvestmentNews board member Dr. Benjamin Akande, a distinguished economist, shares an inspiring message.
Are you asking your partner firms these 5 questions?
Both clients and advisors are seeking assurance that solutions implemented today will remain effective and achievable in the future.
Advisors find rewards in pro bono work
From teaching inmates financial literacy to working with divorced women, CFP Board's initiative is resonating with advisors.
AdvicePay hires new CEO to succeed Alan Moore
The payment platform brings on fintech veteran Alex Sauickie, who plans to help expand services to banks and broker-dealers.
Ex-UBS wealth chief Tom Naratil joins Lightyear Capital
Naratil, a 39-year veteran of UBS, last fall stepped down from his senior roles at the wirehouse.
Cetera sees 9% of Securian advisors bolt after acquisition
Meanwhile, Cetera is offering tailored retention bonuses to Securian advisors who manage offices.
Lingering pain for clients of defunct broker-dealer
The egregious case of Jamie Worden and the continuing issue of unpaid arbitration awards.
Goldman Sachs, Morgan Stanley and others spend $1 billion on redundancies
More job cuts to come, meanwhile JPMorgan is hiring.
Investment advisor numbers escalate while ideas for stronger oversight remain stuck
Should the SEC turn to a third-party organization to help it increase the number of exams?
CFP Board taps Elizabeth Miller as 2024 chair-elect
Miller will succeed the current chair-elect Matt Boersen next year and will subsequently ascend to chair of the Board in 2025.
Why investment banking deals should be part of your firm’s tool kit
Having a capital markets division in-house gives financial advisors the opportunity to access high-quality transactions for their clients.
Understanding WhatsApp supervision
What financial services firms need to know about the risks of scraping software versus the benefits of an API-based integration.
Capturing more wallet share with cash
Yields on cash offerings are higher in current market conditions, a trend that has attracted investors' attention.
LPL furthers commitment to more inclusive financial services industry
The firm has given its support to the National LGBT Chamber of Commerce and the LGBTQ+ advisor business community.
Financial planning for a Hollywood strike
Clients affected by the writers' and actors' strikes have different needs but could be out of work for some time.
FPA rolls out welcome mat for alternative investments
A partnership with the Chartered Alternative Investment Analyst Association will help FPA members educate themselves and their clients about alternatives.
Morgan Stanley reports $78M in severance to axed wealth management employees
It's not clear what type of employees were laid off, but one industry executive says big firms are rethinking the hiring of administrative assistants.
Gensler says AI holds promise, peril for financial advice
The SEC chair calls AI 'the most transformative technology of our time,' but emphasizes the agency's focus on fraud.
Clarence Thomas, Taylor Swift and that gift your client was nice enough to send
Finra's rules on gifts exist as a line in the sand between right and wrong, but advisors should know what is appropriate to give or receive.
