Regulators said brokerages should not only tell reps what Reg BI says but provide examples of how to meet its requirements.
RPAs with strong wealth management businesses and leadership will command a premium price, among other factors.
Claudia Cypher Kane was tapped as the Financial Planning Association's 2022 treasurer; the group also elected three new directors.
The InvestmentNews event held Tuesday in New York City highlighted top firms and individuals consistently working toward a more equitable and inclusive profession.
Wealth Advisory Services, a hybrid in Doylestown, Pennsylvania, had been affiliated with Raymond James for five years.
Invest in Others' Community Service Award winner is Roger S. Green for his work with Auditory-Verbal Center Inc.
A free meal can help win new clients, but some advisers say the prospecting strategy is dated and projects a bad image.
A NASAA exam sweep shows that more than half of advisers lack policies and procedures to address exploitation of elderly clients.
It seems as though the pandemic should have provided the motivation for advisers to address their continuity needs.
Invest in Others' Catalyst Award winner is Ralph Ujano for his work with Helping Hands for Single Moms Dallas.
The wealth management chief at BMO Financial will succeed Kathy Murphy, who plans to step down before the end of the year.
The broker, Shaiful Chowdhury, was arrested for possession of 10 pounds of marijuana a month after he joined Merrill Lynch in New York City.
The more individually tailored a communication to a customer is, the more likely it is a recommendation, SEC Commissioner Allison Herren Lee said during the NASAA fall meeting.
James Katz tailors his RIA, Humankind Investments, to serve clients who place the greater good at the top of mind.
Carrie Turcotte and Crystal Walker run NorthShore Financial Strategies in Chattanooga, Tennessee.
Known as the Inter Alia Group, four reps and four associates make switch in Portland, Oregon.
The broker-dealer self-regulator launched the exam sweep a couple of weeks after the Securities and Exchange Commission released a request for comment about the “digital engagement practices” used by investment advisers and broker-dealers.
The salesman, Anthony DeJohn, improperly used BMO's funds by charging to his corporate card and obtaining reimbursement for $2,270 in daily commuting expenses, according to Finra.
Altus Consulting Group, based in Texas and Wisconsin, becomes an office of supervisory jurisdiction.
Sandstone Wealth and its two advisers were formerly affiliated with Raymond James and Royal Alliance.
