SEC Said to Be Shifting Examiners to RIAs; Jarcho Named Deputy Director of SEC Exams
Industry officials expect the SEC to announce soon that it will shift more examiners to advisors from BDs.
How RIAs Put Their Firms’ Value at Risk
Many firms simply don’t prioritize value, according to a Fidelity study.
UBS Improves Earnings, but Wealth Groups Falter
Advisors in the Americas have average assets of $145 million and average production of $1.06 million.
How to Kill DOL’s Fiduciary Rule: Andy Friedman
Courts don't like to give injunctions, but if opponents to the rule can get one, “the rule is dead,” the Washington Update analyst says.
SEC Fines 14 Firms for Muni Bond Violations
Barclays, Janney Montgomery and Wells Fargo are among the firms fined.
Michael Finke Named Dean of The American College
Michael Finke of Texas Tech will soon be the dean of the the program that provides education for CFP, ChFC and other advisor designations.
20 Wealthiest Places in America
If you want to build your roster of high-net-worth clients, these are the towns you should be targeting.
Bills to Replace DOL Fiduciary Rule Pass House Panel
Both bills "codify loopholes … that make it all too easy" for advisors to avoid their best interest obligations, says consumer advocate Barbara Roper.
Best Finance Tweets of the Month: January 2016
Small children argue with Janet Yellen, Wu-Tang Financial endorses a presidential candidate, and Jeffrey Kleintop quotes Flock of Seagulls.
NASAA Adopts Model Rule to Fight Senior Financial Abuse
The model rule, should states choose to adopt it, would allow BDs or advisors to delay disbursements when they suspect financial exploitation.