Client Focus, Organic Growth Crucial to Advisor Success: eMoney Summit
Fidelity’s Mike Durbin says that in the “fragmented” financial services industry, client-centric firms that can grow organically will be the winners.
We Will All Be Cyberattacked, Ex-FBI Cybercrime Agent Says
The odds of a person suffering a cyberattack are “pretty much 100% at this point,” said a former FBI agent at the eMoney Advisor Summit.
SEC Enforcement: Marijuana Container Company Busted in Stock Scheme
Also, Florida man charged with fraud for scheme to register and sell stock in blank check companies disguised as promising startups.
‘Hit Pause’ on DOL Fiduciary Rule, Insurer’s Lawyers Urge Federal Judge
Lawyers representing insurer Market Synergy told a Kansas judge that DOL failed to prove that state-based regulation of fixed-indexed annuities is broken.
4 SEC Exam Priorities Advisors Need to Know: Brian Hamburger
The MarketCounsel CEO highlights the exam priorities that the SEC “has shown by their actions, not by their words.”
DOL Fiduciary Rule’s Cost for 9 Investment Advice Players: From IBDs to RIAs
A.T. Kearney study sees big asset shifts across formats with IBDs getting walloped.
State Farm Must Face $7B RICO Class Action, Judge Rules
The case, alleging State Farm paid off an Illinois Supreme Court justice in 2005 to evade a $1 billion award, has cleared a major hurdle.
Morgan Stanley Gives Advisors Gender-Diversity Toolkit
The effort aims to equip FAs with more ways of serving clients interested in improving women's leadership and economic impact.
SEC Accuses Omega’s Cooperman of Insider Trading in Atlas
The SEC said that Leon Cooperman, 73, earned about $4 million by buying securities before the sale of a company asset in 2010.
10 Best Paying Cities for Women
Pay rates vary from one region to another within the U.S.; in some places, the pay gap between men and women varies substantially, too.