SEC Busts ‘Frack Master’ Again, This Time in Real Estate Scheme: Enforcement
In other enforcement actions, the CFTC fined Morgan Stanley $350,000.
XY Planning Founders Launch Compliant Payment Processing for Advisors
Michael Kitces and Alan Moore want to help fee-for-service advisors say goodbye to paper checks with AdvicePay.
5 Advisor Marketing Mistakes to Avoid
Learn from these mistakes and improve your marketing tactics, advisor consultant Mike Byrnes says.
After 6-Month Surge, RIA M&A Deals Drop Sharply in Q3: DeVoe
The quarter was the weakest the RIA industry has experienced in nearly three years.
‘Financial Caregiving’ Is Widespread and Expensive
"Financial caregiving" is a near-universal part of elder care but has remains largely unexamined. Merrill and Age Wave studied more than 2,000 caregivers.
GMO: Don’t Blame Tech for Stocks’ Overvaluation
The so-called FAANG stocks are up 36% on average year to date through September. But there's more to the story, GMO strategists write.
Cambria Partners With TD Ameritrade on TAMP Alternative: Portfolio Products
In other product news, S&P Dow Jones is now publishing carbon metrics on most of its equity indexes.
Number of Advisors Going Indie Up 75% Since 2012: Schwab
Schwab Advisor Services analyzed SEC registration data to determine the number of advisors who entered the independent space.
Ex-Merrill Broker to Pay $5M Over Excessive Commissions, Fees: Enforcement
Meanwhile, a New Yorker pleaded guilty to securities fraud for his role in a Ponzi scheme involving "Hamilton" tickets.
ESG Bigger in Europe Than in US
Investors in the U.S. are far more skeptical of ESG than their European counterparts, according to a new survey from RBC Global Asset Management.