Janus Advisor Guide: Beware of Correlations, and Other Investment Tips
Janus Funds’ 2017 Wealth Advisor’s Guide identifies the intended and unintended risks of advisors’ asset allocations in their model portfolios.
Mercer Adds New York RIA; 2 Groups Rejoin SII Investments: Recruiting Roundup
The RIA in the Big Apple has $100 million in assets, while the California and New Jersey advisor groups have a total of $220 million.
Can Brokers and Agents Act in Their Clients’ Best Interests?
A reader accuses me of unfairly comparing the dings of broker-dealer firms to those of RIA firms. I reply in my modest way.
Barred Broker Pleads Guilty to SEC Obstruction, May Avoid Jail
The former advisor will also pay more than $580,000 in penalties for hiding referral fees from an elderly widow.
College Football Championship Puts Raymond James in Spotlight
The financial firm has a 12-year sponsorship contract for Tampa's stadium, where Clemson defeated Alabama.
Rising Student Debt Among Seniors Threatens to Wreck Their Retirement
The CFPB reports that nearly 40% of borrowers 65 and older, a fast-growing segment of student-loan debtors, are in default.
Former Investors Cap CEO Resurfaces After a Costly Lesson
The former head of Investors Capital is relaunching his career after apparently losing money in the sale of his company to RCS Capital.
Raymond James Grabs $170M Morgan Stanley Rep: Recruiting Roundup
Meanwhile, an RIA strikes out on his own; State Street and Eaton Vance share executive news.
FINRA’s Top 5 Exam Priorities for 2017
Advisors and broker-dealers have just received a “cheat sheet” of sorts from FINRA.
Eric Schwartz Steps Down as Cambridge CEO
Schwartz emphasizes, “I am not retiring” from the independent broker-dealer that pioneered the BD fee-based business.