I believe we can fundamentally change people’s lives for the better through financial advice.
The rule change is effective immediately and will become operative on Jan. 1, if the Securities and Exchange Commission does not object.
LPL's new deal to attract employee advisers has two parts: an upfront signing bonus and a second bonus that's paid over several years.
Recent acquisitions have created a "funnel" for new clients, said Jonathan Pruzan, the firm's chief operating officer. The company now has more than 14 million net relationships.
Rothschild and MML Investors Services are latest to be penalized for inadequate communications to clients concerning fund fees.
Advyzon says those firms also more likely to have multiple fee schedules.
Such arrangements are often structured in ways that misalign the interests of the buyers and sellers, and they can be highly divisive.
What the ancient Greek philosopher Aristotle can teach us about communicating a fiduciary standard of care.
Asset managers need to embrace diversity, equity and inclusion efforts as a core ingredient of a sustainable business model, experts say.
David Crossan and John Stephens Jr. set up shop in Manahawkin and Manchester on the New Jersey shore.
An exciting day in the evolution of InvestmentNews took place this week with the new brand launch of our reorganized parent company Bonhill Group.
As investor demand grows, advisers are realizing they need to step up their ESG game.
Heather Hunt-Ruddy previously held the role of head of business development and is remembered by some financial advisers for an apt analogy about Tater Tots.
The Covid-19 pandemic has caused many to question the need to work in or continue their professional lives in Manhattan. Advances in technology have made working in an office in or close to Manhattan less important.
Five advisers from the Denver office of the firm's private bank make a move.
The change in the broker workstation is part of a broad effort, dubbed internally Project Thunder, to make work life a little bit easier and more comfortable for Merrill's advisers.
John Vande Bossche leads the six-person team in Anaheim, California, that includes his wife, son and daughter.
Margaret Wilkin is joining a Baird office in Roseville, California.
Francis Ciocari is affiliating with the firm through super OSJ Gladstone Wealth Partners and will be opening an office in Blue Bell, Pennsylvania.
Even though advisers don’t have to comply with the rule for more than a year, it ranked as the hottest compliance topic, according to a survey; cybersecurity and climate change/ESG were other areas worrying advisers.
