Vanguard Strategy Exec to Retire
Glenn Reed will step down, with Chris McIsaac taking over his responsibilities, the fund giant says.
SEC Names Avakian, Peikin Co-Directors of Enforcement Division
Former federal prosecutor Peikin hails from Sullivan & Cromwell; Avakian moves out of acting director role.
Ameriprise Adds 15 Reps From Wells Fargo FiNet: Recruiting Roundup
Meanwhile, FiNet, Raymond James, Merrill Lynch and S2K Financial share details on their latest recruits.
Former Cetera CCO Breton Joins Triad Advisors
Bernie Breton will help Triad navigate fiduciary rule compliance.
Everyone’s a Critic: What to Do When Employees Blame You
I recently had an advisor call about a problem employee. It seems his executive assistant frequently doesn’t do what he asks her to, often deliberately.
RBC Wealth Taps Morgan Stanley Exec to Lead Chicago Complex
Meanwhile, it adds a $1 million Baird advisor in Oregon and a $1.4 million wirehouse rep in Texas.
Merrill Nabs $3.3B UBS Group in Chicago
It also picks up a UBS team in New York that manages $1 billion and has $7 million in yearly fees & commissions.
What Fee Compression? Advisor Fees Show Little or No Decline
Reports of fee compression among financial advisors are overblown, according to new analysis from Envestnet.
Wells Fargo Wealth Chief to Retire
David Carroll is stepping down just as the firm reportedly tweaks its recruiting policies to add reps.
Dalbar Releases New Online Fiduciary Readiness Test
Labor Department’s "no enforcement policy" comes with a catch, Dalbar warns.