New Beneficial Ownership Rules Around the Corner: Are BDs Ready?
Starting May 11, 2018, compliance officers at broker-dealers will have one more responsibility to add to their checklists.
New SEC Task Force to Use Data to Root Out Advisor Fraud
The task force will use data analytics to spot misconduct like mutual fund share class and wrap-fee account abuse.
More Retirement Plans Add Auto-Enrollment, Auto-Escalation Features
A survey by Alight Solutions covering nearly 10 million employees and $775 billion in assets found an increase in these savings-boosting strategies.
Advisor Group Adding Succession, Communications Platforms
It also formed a council to help address the financial risks of longer lifespans.
Raymond James Has Near-Record Recruiting Year
Execs Scott Curtis and Tash Elwyn talk to ThinkAdvisor about why recruiting in the independent and employee channels is strong, with no sign of slowing.
Ameriprise Tells Analysts It Likes Advisors
The company's chairman says he wants to use technology to support advisors, not to replace them.
$2B Trilogy Group Transitions From NPH to LPL
In other news, Ameriprise recruits Wells Fargo reps with nearly $370 million in assets.
Schwab Shows RIAs How to Stand Out
The many shades of independence can create confusion in the minds of investors, but a new ad campaign aims to resolve this.
TD Ameritrade Clients Can Now Trade on Facebook Messenger
The brokerage is also working on extending trading capabilities to other technology platforms including Amazon and Twitter, according to an official.
Advisor Charged With Stealing $9M From Elderly Woman’s Foundation: Enforcement
Meanwhile, a Massachusetts advisor is accused of steering clients into funds in which he had an interest.