FINRA Hits Firm for $916,000 Over Illegal Short Sales
First New York is being sanctioned for shorting shares ahead of 14 public offerings.
Lovell Minnick Sells Mercer Advisors to Genstar
The $6 billion RIA based in Santa Barbara, California, is set to have a new private equity owner.
Senate Banking’s Shelby: DOL Fiduciary Hearing May Occur
Senate Banking’s Shelby says DOL redraft hearing may be in the offing and adds he would be ‘reluctant’ to support user fees; New York comptroller pushes fiduciary law.
How Tax-Savvy Advisors Can Tackle Obamacare Taxes
Chad Smith of HD Vest discusses ways to help clients with the Medicare surtax in the Affordable Care Act.
Surprise Findings on Gender, Religion in Philanthropy
Women Give 2014 study finds greater generosity among non-religiously affiliated younger women.
United Capital’s Duran: Wealth Management Is Dead. Long Live Life Management!
Wall Street is out of step with the public in promising to make people rich—when their real goal is to have rich lives.
Tax-Deferred Retirement Saving, Without a 401(k)
The single most powerful feature of an annuity is tax deferral, according to Mitch Caplan, CEO of Jefferson National, not features like guaranteed income and riders.
How I Met My Client: Charles Barkley
Raymond James advisor Glenn Guthrie talks about how he landed the former NBA player as a client.
5 Clients Are Better Than 500, Says One Advisor
Perfect Client founder Anthony Lombardi updates ThinkAdvisor on his client-shrinking, profit-maximizing relationship approach.
Wall Street’s 15 Biggest Spenders on Lobbying in Washington
Wall Street banks, financial services firms and trade associations spent $1.4 billion in the 2013-2014 election cycle, according to Americans for Financial Reform.