Many Advisors Don’t Understand How to Mitigate Cybersecurity Risks
While most financial advisors say cybersecurity is a top priority, many do not feel they are fully prepared to manage and mitigate this risk.
5 Robo-Advice Myths Busted
The robo-advice market is not “human vs. technology,” it’s about helping advisors do their jobs better.
The Right Ways Advisors Can Help Grieving Clients
Providing compassionate yet informed support to grieving clients is not only the right thing to do, it will help grow your practice, said Amy Florian.
Envestnet’s Bergman: Robo-Advisors, Automation Critical for RIAs’ Success
Bergman makes the case that a robo-advisor plus a human advisor equals better client outcomes.
FINRA Fines Ameriprise for Rep Who Stole $370K From His Family
Ameriprise was fined for allegedly failing “to exercise reasonable due diligence in supervising” the accounts, the regulator said.
HNW Individuals’ Lax Security Easy Target for Fraud
Executive impersonation is up more than 100% in the past 6 months, David Stender of M&T Bank says.
How Financial Advisors Are Like Pablo Picasso
Ron Rhoades recounts a Pablo Picasso story to show the value of financial advice.
7 Questions Advisors Should Ask After a Data Breach
The Consumer Federation of America created a checklist to help companies determine what to do after a data breach occurs.
Online Lenders Face Increased Scrutiny
More regulation, higher costs could drive consolidation of traditional and online lenders, according Funding Stream's Russell Walraven.
Enforcement: SEC Charges Sex Products CEO With Fraud; FINRA Fines Short Seller
SEC charged Empowered Products with promotional fraud; FINRA censured and fined Timber Hill for not closing fail-to-deliver positions.