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.
FPA Forms Advocacy Council for Members
The Financial Planning Association wants advisors to have a "strong voice" with regulatory and certifying bodies.
Recruiting Roundup: Wells Fargo, United Capital & SFA Add Teams
Meanwhile, Autonomous Research says Alexey (Lex) Sokolin has joined the group as head of fintech strategy.
9/11 Commission Chairs Call for New Effort to Combat Terrorist Ideology
Tom Kean, Lee Hamilton say task force will address U.S. failure to address the ideology behind terror attacks, especially among young Muslims.
If You Can Commoditize Asset Management, Will Advisors Be Next?
Scott MacKillop's First Ascent's fee structure could be a game-changer for TAMPs. Can it apply to advisor fees as well?
Raymond James Wraps Up Purchase of Alex. Brown
The 193 wealth advisors at the boutique firm are now on the parent firm's platform, according to the head of the new unit.
Why Pro Athletes Squander Their Money; How Advisors Can Help
Former baseball pro and now CFP Erik Averill says few of his advisor peers have the skills to adequately serve professional athletes.
Salesforce Cloud Says New App Will Conquer the ‘Jungle of Data’
The new application on the Salesforce Financial Services Cloud is designed to allow advisors to leverage clients’ analytics and data in one spot.
Snow Cone Success Lessons for Advisors
Trying to improve profitability at my first business taught me growth lessons advisor-owners should heed.