Morningstar Launches 27 Indexes to Meet ESG Investing Appetite
The indexes include global and local companies based on their ethical performance and other measures tied to sustainability, the research firm says.
15 Firms, Including 3 Super OSJs, Join FSI
One of the new member firms is affiliated with LPL Financial, which is not part of the industry group itself.
National Planning BD Network Grabs Exec From Rival Cetera
Jay Vinson makes a switch to NPH, which just tapped a new head for its advisory platform strategy.
Galvin Rips Morgan Stanley for Fostering ‘Dishonest Conduct’ With Sales Contests
William Galvin of Massachusetts said Morgan’s sales contests tied to securities-based loans encouraged “dishonest and unethical conduct.”
New Directions for Rival BDs
Several employee-advisor firms have reached significant milestones recently.
Ex-Broker Must Pay $600K for ‘Siphoning Money’ From Older Couple: FINRA
Jerome Krause fraudulently borrowed money from his clients when he was working for First Heartland Capital, FINRA said.
Vanguard Appoints John James as New Head of HR
Vanguard has appointed John James to be its new head of human resources beginning Dec. 31.
Ex-Fed Chief Greenspan Tapped by Advisors Capital Management as Econ Advisor
Advisors Capital Management said former Federal Reserve Chairman Alan Greenspan is now an economic advisor to the $1.4 billion RIA firm.
Are Big Banks, Financial Firms Ahead of Fintech Startups?
IBM research looks at which financial institutions are embracing blockchain technology and why.
UBS Settles With SEC Over Sales of ‘Complex Products’
SEC says the wirehouse must repay 8,700 investors over $8 million and pay a fine for not reasonably training its advisors.