Displaying 159 results
Brian Stimpfl, longtime TD exec, joins indie software company
After a short hiatus, Brian Stimpfl, former longtime TD Ameritrade executive, has landed at Actifi Inc.
SEC should require fiduciary standard
In the name of investor protection, we urge the Securities and Exchange Commission to exercise its rulemaking authority to require brokers to act in their clients' undivided best interests at all times. We are also reiterating our call for the SEC to recommend to Congress that the jurisdiction of the Financial Industry
Being distant No. 2 in custody biz doesn’t faze Fidelity’s Mike Durbin
Mike Durbin, president of Fidelity Institutional Wealth Services, has his work cut out for him.
GAO report could be first step toward regulating financial planners
In a Washington where Republicans are ascendant — taking over the House and increasing their Senate numbers to a level that ensures filibuster success — the term “regulation” is unpopular.
GAO: No added regulation needed for financial planners
But much-anticipated report questions whether consumers understand standards of care for sales of insurance products
Leading the way to a global financial planning profession
As the clients of financial planners move and invest beyond the United States, the need for global frameworks, education and delivery models that support planner professionalism and planning clients worldwide is becoming increasingly apparent.
Vanguard pairing 401(k) investors with CFPs
Participants in some 401(k) retirement plans managed by Vanguard Group Inc. now have access to advice from certified financial planners.
Finra offer to set up a testing program for RIAs falls flat
A proposal by Finra to develop a qualifying test for investment advisers has received a cool reception from adviser groups, which claim that it is part a continuing campaign by the regulator to broaden its powers
BAM buys 401(k) plan provider
BAM Advisor Services LLC, a turnkey asset management program, announced today that it is buying Advisors Access, a provider of 401(k) plans, from Capital Directions LLC, an advisory firm.
Brokerages’ ‘access to advice’ argument preposterous: IN’s Cooper
Given the vague, distorted and misleading ways many of us use language these days, George Orwell is probably spinning wildly in his grave.
Making the Switch to State RIA Regulation
The following is an edited transcript of the webcast “Making the Switch to State RIA Regulation,” held Oct. 26 in New York. It was moderated by news editor Bruce Kelly and reporter Mark Schoeff Jr.
Advisers viewing videos in new ways
Their numbers are small, but more and more advisers are starting to see value in recording video commentary for use on their websites, as well as in communications with clients
Is Schwab booting custody clients that hire its brokers?
The president of a broker-dealer says that Charles Schwab took some of his assets off a custody platform after he hired a former Schwab employee. An isolated event? An attorney claims he has handled several cases over the last year arising from similar moves by the discount broker.
Top RIAs: Your market research begins at home
Investment advisers spend their time trying to deliver a better life or a more fulfilling retirement for their clients
Fiduciary standard and adviser pay are separate issues
In our industry, there is never a shortage of debate on the areas that affect the sale and delivery of financial advice to investors
Mets owners opened 483 accounts with Madoff, trustee claims
Picard seeking nearly $300M from Wilpons and related parties; 'subtanitally supported their businesses with Madoff money'
LPL loses $3B man
Ron Carson is exiting after more than two decades at the B-D. The well-known adviser cites shortcomings in the brokerage's RIA platform as one reason for his departure.
Indie B-Ds doing ‘considerably better’ than large rivals: S&P
Reaffirms independent broker-dealers' credit rating as 'stable'; brokerages could weather unexpected downturn
BrokerCheck, IAPD search results to be combined
SEC believes that routing requests to both B-D and adviser databases will better serve the public
