How to Think Outside the ‘Black Box’ on Succession Planning
To boost their practice valuations, advisors must focus on translating prospective improvements into reality, according to Truelytics’ Kevin Connor.
From Iran Hostage to Independence: One Amazing Story
As a Marine, Kevin Hermening spent 444 days as a hostage in Iran. Now an advisor, Hermening continues to serve with honor.
A Battle Won Over Independent Contractor Status, but War Persists
In the continuing struggle to retain independent contractor status for IBD advisors on both the state and federal level, broker-dealers have a key ally in FSI. The Waddell & Reed lawsuit is a case in point.
Advisors May Still Lose Right to Earn Commissions on IRA Advice
The Department of Labor will likely issue a reworked version of its fiduciary proposal in late Q1 or early Q2, and concerns about its potential impact remain very real.
4 Common-Sense Requests for Congress From the FSI
No more kicking the can down the road. The lame-duck Congress can and should avoid going over the fiscal cliff by acting on these four modest proposals.
A Securities Transaction Tax Will Hurt Advisors and Clients
Yes, limiting market volatility and increasing government revenue are worthy goals, but legislation imposing a securities transaction tax is the wrong way to reach those goals.
Yes We Will!: FSI’s Growth and Advocacy Success
In an open letter to FSI members from Dale Brown, how the Financial Services Institute has made progress in 2012, and will see more success in 2013, with its members’ continued engagement.
FSI Advisors Weigh In on Presidential Race, Economy & More
Financial advisors in an FSI member poll show a decided preference for Romney, predict a flat economy and suggest a continued move toward fees.
FSI to FINRA: This Is the Wrong Time for Higher Fees
Part of FSI’s engagement with FINRA is to let them know when they have gone too far. That is clearly the case with the substantial fee increases the organization has proposed for broker-dealers and financial advisors, increases that would hit small firms the hardest.
Why a Floating NAV for Money Market Funds Is a Bad Idea
SEC Chairman Schapiro’s suggestion would drive up the cost of investing and doing business by imposing new record-keeping and tax reporting requirements.