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.
Despite it being unlikely that two SEC nominees get confirmed anytime soon, the regulator must not hesitate in getting on with its important mission.
Marc Wyatt, head of the agency's inspections arm, says his division analyzes data from many more to decide which to target.
Advisers like David Adams, who works predominantly with musicians and entertainers, must march to a different drummer to succeed with celebrity clients.</br> <b><i>(More: <a href="//www.investmentnews.com/gallery/20160214/FREE/214009999/PH/9-tips-for-advisers-looking-to-work-with-celebrity-clients"" target=""_" rel="noopener">9 tips for working with celebrity clients</a>)</b></i>
Utilize technology to make interactions with clients more efficient and on-demand.
Without a clear why, it becomes difficult to help clients make the best financial decisions possible.
Brokers and advisers are not the only ones looking for more information.
To reach this overlooked client pool, advisers must position themselves as trusted jacks-of-all-trades.
New research conducted over two decades across the 14 largest billionaire markets in the world found stark differences between the billionaires “of old” and today.
Railway moguls missed once-in-a-lifetime business opportunity in the early 1900s by not really understanding the business they were in. Are advisers doing the same thing?
The DOL's Timothy Hauser said one possible change to the department's fiduciary rule could involve the controversial contract brokers must sign with clients.
Best business strategy is to try and stay as apolitical as possible in client interactions and public communications
SEC now digging into rollover advice, other aspects of conflicts relating to retirement accounts
Mitigating political passions in meetings — whether for Trump or Sanders or anyone in between — can mean letting clients rage.
The brokerage industry's chief regulator will step down in the second half of 2016 after a successor is found.
