Blucora, HD Vest to Add Robo-Services
Some 5 million TaxAct clients will soon have access to the Financial Guard platform but can opt to work with FAs instead.
State Warns BDs: Watch ‘Bad Actors’ or We’ll Do It For You
A sweep of more than 240 broker-dealers in Massachusetts yields some revealing information on misconduct and supervision.
Enforcement Director Ceresney to Leave SEC
During Andrew Ceresney’s nearly four years as enforcement director, the SEC filed more than 2,850 enforcement actions.
The SEC on ADV Disclosure, Aaron Rodgers and the Robare Decision
The multiple, troubling parallels between a TV commercial starring the Packers’ quarterback and the SEC’s overkill on the Robare conflict-of-interest case.
Is Your Broker-Dealer in a Death Spiral? 4 Steps to Discovery
A BD’s management will rarely share problems at the firm until it’s too late. Here’s how reps can overcome that challenge, according to Jon Henschen.
Raymond James Grabs More Wells Fargo Reps: Recruiting Roundup
Also, Delaware Investments names its next head of equities, who will lead nine U.S.-based equity investment teams.
Wells Fargo to Pay $1M FINRA Fine Over Client Reports
Some 5 million-plus documents were not reviewed adequately, FINRA says, especially regarding client holdings outside of the bank.
Moody’s Turns Negative on Outlook for Global Asset Managers
Business conditions for asset managers are at an "all-time low," says Moody’s Managing Director Marc Pinto.
Casady Leaving LPL at ‘Challenging Time,’ Recruiters Say
The independent broker-dealer says President Dan Arnold will take over from Mark Casady next month.
Fee Compression, Compliance Are Top Concerns for Advisors: SEI Survey
Only 11% of the advisors surveyed are ready for the implementation of the DOL fiduciary rule in 2017.