100% Advisory Payouts & 7 Other ‘Heresies’
Advisors beware: Many sacred cow profit centers being disrupted by broker-dealers promoting “loss leaders” to prospects.
$3.5B UBS Group Jumps to Raymond James in Hawaii: Recruiting Roundup
Meanwhile, Ameriprise adds three Morgan Stanley reps; ACG Wealth taps a Fidelity exec to help grow the $1.8 billion RIA.
PCAOB Releases Preview of BD Audit Inspection Results
Independence of BD auditors is one major weak spot, the audit regulator says.
LPL Schools Hybrid RIAs on Rollovers
The IBD just clarified its “education-only” policy tied to advisory accounts.
Vote for Broker-Dealers of the Year: 2017
Advisors, time's running out to let your voice be heard by July 5 deadline.
Open Architecture Is Key for RIA/BD Hybrids
For hybrid firms, it’s important to do things in as efficient and cost-effective a manner as possible.
How Advisors Can Help Prevent Wealthy Families From Losing It All
In his book, “More Than Money,” Michael Cole, president of Ascent Private Capital Management, tells how advisors can retain clients over generations.
FSI Taps New Board Members, Leadership for 2018
Dean Harman, CEO of Harman Wealth Management, will be the second financial advisor to chair the group of indie reps and broker-dealers.
Guggenheim Launches Multi-Factor Large-Cap ETF: Portfolio Products
VictoryShares introduces a new minimum volatility ETF.
3 Big DOL Fiduciary Pain Points for Advisors
An Aite Group survey of advisors asks how difficult they think various tasks will be under the fiduciary rule.