Why You ‘May’ Be Headed for SEC Enforcement
An SEC enforcement push involving a small word—may—has already snared a half-dozen RIAs. Here's how to avoid the same fate.
Misbehaving Consumer Agency Gets Sent to Time Out
In one of the first big tests of its power, CFPB didn’t fail but did get a big red “Needs Improvement” from a Federal court.
Why Advisor-Owners' Good Ideas Fail
To effectively communicate ideas to improve your firm, an owner-advisor needs a detailed (and flexible) strategy for changing that idea into reality.
DOL’s Fiduciary Rule Fuels Tech Trends at Conferences
Key themes at the many industry events this fall included new document management systems to comply with the DOL’s new best interest rule.
Why the Wirehouses Hate the AUM Business Model
To me, the big question is why brokers continue to share their revenues with their broker-dealers.
2 Pitfalls to Avoid, 7 Tips to Optimize Your Tech Solutions
Do a full ROI analysis before you decide on new technology, but the after-purchase steps are just as important.
Morgan Stanley and Fiduciary: Never the Twain Shall Meet?
Statements of values or virtues don’t instill a corporate culture. Compensation policies and budgets do.
The Rich Are Also Different From One Another
For one thing, they’re much less likely to have inherited their wealth than their counterparts in many supposedly more egalitarian countries.
4 Ways to Improve Your Financial Planning Quarterback Rating
Become more familiar with your clients’ plans and serve as the quarterback to address issues before they lead to unintended consequences.
Annuities in 401(k) Plans Could Benefit From GAO Report
A Government Accountability Office recommendation may allay plan sponsors’ fears of liability if they offer annuities in 401(k)s.