March Madness: LPL’s ‘Sweet 16’ Bracket for the Market
As the basketball bracket comes into focus, so should multiple factors influencing equities, says CIO Burt White.
Female Advisors More Likely to Be Fired for Misconduct Than Male Advisors: NBER Study
Study found “the financial industry is willing to give male advisors a second chance, while female advisors are likely to be cast from the industry.”
FINRA Hires Senior Advisor to CEO Cook
Nathaniel Stankard will provide advice on such issues as FINRA’s strategic review of its operations.
How Trump Presidency Is Boosting Demand for Impact Investing, ESG Funds
Trump's executive orders and proposed budget cuts affecting environmental and social programs are increasing demand for impact and ESG investments.
Commission Clients Don’t Favor Switch to Fees: J.D. Power
Full-service clients have strong views on their retirement accounts and how they like to pay for them, a J.D. Power poll finds.
More Merrill Departures: Recruiting Roundup
Raymond James adds an employee team, and HighTower grabs a breakaway duo; Triad recruits a group from Commonwealth Financial.
C Corp, S Corp or LLC for Breakaway Brokers? Each Has Tax Implications
Before making any choices, breakaway brokers should consult an experienced tax attorney or accountant familiar with the industry.
JPMorgan Abandoning Commissions … Or Not?
The firm told clients they have to move to fee-based or self-directed accounts, unless there is a delay in DOL's fiduciary rule implementation.
Will Schwab’s New Hybrid Platform Steal Clients From Schwab RIAs?
Schwab's new robo-human Intelligent Advisory platform could lure clients away, argues one recruiter, while another disagrees.
Raymond James to Join S&P 500
The broker-dealer's market capitalization has risen above $10 billion.