CFP Board’s Fiduciary Standard Provides ‘More Freedom’ Than DOL’s
Ray Ferrara of the CFP Board answered planners' questions about how the proposed changes to the standards for CFPs compare to Labor's fiduciary rule.
Wells Fargo Reps: Data Leak Is the ‘Last Straw’
A recruiter describes the reactions he is getting from some wealth managers on the first business day after the news broke.
White House Sends Peirce SEC Nomination to Senate
If confirmed, Mercatus fellow Hester Peirce would be the second Republican member of the Commission.
Show Me the Money: Taking the Fiduciary Debate to the Bottom Line
Part of acting in a client’s best interest is that the adviser must consider the “cost” of the recommended investments.
Wells Fargo Must Rehire Fake-Accounts Whistleblower, Pay $577K
Department of Labor made the decision Friday, when private info on 50,000 clients and advisors was released.
New White House Comm Chief Scaramucci Supports Trump's Tweets
“He’ll use social media ... it's very important for him to express his identity,” said Scaramucci.
Ameriprise Adds $463M Employee Team From Merrill Lynch
The three new advisors are based in Northern California and come on board with four other professionals.
CFP Board Unveils Exam Prep Toolkit
“This toolkit demystifies the exam and helps candidates start their journey on the right foot,” says CFP Board’s Loper.
Raymond James, RBC Add Advisors, Exec From Wells Fargo: Recruiting Roundup
Wells Fargo Advisors says it lost over 3% of its FAs over the past 12 months and 1% in the last quarter.
These Millennial Advisors Are Killing It With Younger Clients
Under the radar, this youngest generation of advisors has created an entirely new advisory business model, designed to work with clients who are millennials themselves.