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.
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.
