Displaying 9006 results
Morgan Stanley operating chief Jon Pruzan exiting firm
The executive, who was once considered a potential CEO candidate, is leaving after a 28-year run.
January jump in divorces offers advisors opportunity to provide value
While divorce is a sad fact for families, it gives financial advisors the chance to prove their worth over a short, intense period.
Smoothie-throwing broker under microscope for cash transactions
Finra has made a 'preliminary decision' to recommend some type of disciplinary action against James Iannazzo, according to BrokerCheck.
The question most advisors aren’t asking clients about their financial future
Advisors should encourage clients to take an honest look at where they are in life, assess their priorities, reflect on their values, and align it all to their goals.
Here’s how inflation and philanthropy could give women a boost in ’23
Philanthropic goals are prompting women to become more involved in family asset management.
FTC proposes ban on noncompete contracts
The proposal would bar employers from entering into or enforcing such clauses and require companies to nullify any existing ones within six months.
James Lee begins term as 2023 FPA president
Lee plans to focus on advancing the FPA's mission of title protection for financial planners.
After rough ride in ’22, 60/40 portfolio looks poised for solid ’23
The same Fed policy that hurt fixed income last year is likely to make it the ballast for portfolios for the year ahead.
Playing the long game is key to navigating market uncertainty
Steady guidance can calm consumers’ fears — and emotional reactions — around inflation and market volatility.
Opaque business models cloud women’s way in advisory business
It's up to the industry to explain to potential recruits how advisors make a living.
Coinbase agrees to pay $100 million to settle compliance investigation
The firm is required to pay a $50 million fine and spend $50 million to improve compliance over two years.
How to avoid being the next Southwest Airlines
Here are three areas that wealth management firms should be monitoring to avoid taking the kind of reputational hit the airline just suffered.
How to scale and avoid disclosure violations using automation
The ever-growing number of items that compliance officers and teams must monitor has made tracking regulatory compliance disclosures more complicated than ever.
SEC meets strong industry resistance on advisor outsourcing proposal
Critics say the measure's due diligence and monitoring requirements for third-party providers of portfolio management and other services are unnecessary given advisors' fiduciary duty.
Finra smacked 15 firms over GPB sales in 2022
The regulator's penalties averaged $247,000 per firm, according to an InvestmentNews tally.
Do clients want to invest in sustainability? You’re asking the wrong questions
It isn't just a matter of identifying clients who are interested, but of removing whatever obstacle is keeping them from investing.
Social Security expert starts phased retirement
Mary Beth Franklin, who launched her final career phase as a weekly columnist in 2012, will continue writing a monthly column for InvestmentNews.
Finra dings Morgan Stanley $802,000 for overcharging clients
Morgan Stanley was penalized for failing to catch excess sales charges and fees from mutual fund transactions between 2015 to 2021.
Rep monkeyed around with client information to sell more GPB: Finra
Using white out and other means, the rep doctored client financial information disclosure forms, according to Finra.
Accountability for inclusion ratchets up with JPMorgan critique, Knight Foundation report
Transparency isn't always clear, especially when critics take issue with the way companies calculate accountability.
