Raymond James Nabs Ex-Wirehouse Manager
The firm picks up a complex manager in Seattle who used to work for Merrill Lynch, Morgan Stanley and RBC.
Top Portfolio Products: New Funds from Fidelity, CBOE Vest and Direxion
Fidelity introduced six factor-based ETFs, CBOE Vest added a defensive stock fund and Direxion launched two leveraged ETFs.
7 Tips to Maximize Social Security Benefits From an Ex-SSA Director
With all of the rules and changes in Social Security, Kurt Czarnowski offers tips and advice to advisors.
SEC Snags Raymond James, Baird for Wrap Fee Violations
The two firms were fined by the SEC for failing to disclose trade-away commissions
Ex-CFO at Schorsch-Related REIT Arrested
The SEC and U.S. Attorney took action against Brian Block while pressing charges against Lisa McAlister, who has pleaded guilty.
Betterment Study Urges Strong Oversight of Advisors Working With 401(k) Plans
The study, conducted by Forrester Consulting, recommends that employers demand more information on 401(k) fees and investment decisions from advisors.
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.
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.
Goldman Sachs Bans Partners From Giving to Certain Candidates
The restrictions affect donations to Trump-Pence GOP ticket; Wall Street firm says it is seeking to avoid reputational risk.
Remembering September 11: Lon Dolber
The 2016 Broker-Dealer of the Year in Division III recalls his firm's first day of business.