Winners honored in NYC

Adopting a homeless teenager may seem like a huge commitment, but Sean and Leigh Anne Tuohy, the inspiration for the best-selling book and motion picture “The Blind Side,” said they get too much credit
OCT 10, 2010
Adopting a homeless teenager may seem like a huge commitment, but Sean and Leigh Anne Tuohy, the inspiration for the best-selling book and motion picture “The Blind Side,” said they get too much credit. “All we did was love him,” Mr. Tuohy said of their adopted son, Michael Oher. “We allowed him to be who he was meant to be.” That includes a career in professional football; Mr. Oher was picked in the first round out of the University of Mississippi by the Baltimore Ravens in the 2009 college draft. The Tuohys were the keynote speakers at the fourth annual Community Leadership Awards dinner Sept. 14 in New York, which honored financial advisers who have made a difference in their communities through their charitable efforts. The awards were presented by the Invest in Others Charitable Foundation and InvestmentNews. The 15 finalists and five winners who were honored were chosen from 300 nominations this year. Kandis Bates, president of the Invest in Others Foundation, said the honorees “have given hope to each us of here tonight, showing us the way to better our world, one community at a time.” The foundation awarded $15,000 to the winners' designated charities, up from $10,000 last year. The donation for each of the finalists' charities was increased to $3,500, from $500. Before Mr. Oher became part of the Tuohy family, he used to scrounge for meals in trash bins. “Society had said he had no value,” Ms. Tuohy said. “We can do something. We can save someone. We all underestimate the power we wield.”

Latest News

FINRA fines Vanguard $950,000 over decade of cost basis errors
FINRA fines Vanguard $950,000 over decade of cost basis errors

Faulty Forms 1099 and account statements reportedly left some Vanguard brokerage customers overpaying or underpaying taxes for over a decade.

More ETFs, more opportunity, more homework
More ETFs, more opportunity, more homework

The democratization of ETFs cuts both ways

Advisor moves: Raymond James, Baird add significant teams in latest recruiting push
Advisor moves: Raymond James, Baird add significant teams in latest recruiting push

Independent broker-dealers snap up experienced advisors as competition for established practices intensifies.

Wells Fargo names COO Scott Powell as its next chief risk officer
Wells Fargo names COO Scott Powell as its next chief risk officer

Derek Flowers, a nearly 30-year veteran, is set to retire in mid-January, handing the reins to the executive who helped lead the bank's regulatory turnaround.

Ameriprise runs advisor ads on ESPN, Golf Channel, CBS
Ameriprise runs advisor ads on ESPN, Golf Channel, CBS

The campaign spans broadcast TV and streaming, as the brokerage faces slowing client net flows and an $8.1 billion advisor team that left to launch an RIA this month.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains