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SEC warns advisers about wrap-fee conflicts
The agency's risk alert highlights problems that it found in examinations of more than 100 advisers who served as portfolio managers or sponsors of wrap-fee programs or who advised their clients’ accounts through third-party wrap managers.
Advisor Group cuts pricing for wrap fee accounts
Broker-dealers have been competing to lower fees in order to reduce potential conflicts of interest
SEC puts pressure on fee transparency in increasingly complex wrap accounts
The regulator often includes the fees among its annual examination priorities, however they were not on the list this year
Morgan Stanley hit with $5 million penalty for misleading clients in wrap account program
The SEC charged the wirehouse with not fully disclosing fees for five years
BB&T fined $100,000 for failing to disclose wrap-fee conflicts
SEC says bank customers were directed to affiliated programs.
Raymond James, Baird to pay $850,000 for SEC wrap-fee violations
Some of the firms' clients weren't aware of costs paid beyond the wrap-fee programs
SEC cracks down on wrap accounts
SEC scores court victory involving wrap account fees and is making them a priority in exams
