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.
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.
Raymond James Honors Five ‘Women of Distinction’ at Event
The firm gives awards to top female advisors in its various divisions during the annual Women’s Symposium in Orlando.
Wells Fargo Forms Tech-Payments Group, Promotes Two Managers
Former retail chief Avid Modjtabai to lead new operation; Perry Pelos to run wholesale banking, taking over from Sloan.
Under ’40 Act, Robo-Advisors Are Fiduciaries: Morgan Lewis Lawyers
Two attorneys argue that the ’40 Act “applies to all firms meeting the Advisers Act’s definition of investment advisor.”
Irate Investor Calls for Congress to Investigate Wells Fargo Advisors
Texan Lacy Harber, who took out ads in four newspapers, says he lost nearly $6 million while trading some $35 million last year.
Hootsuite Launches Financial Advisor Compliance Solution
Hootsuite recently launched a social media solution designed to help advisors use social media more efficiently while staying in compliance.
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.
Recruiting Roundup: LPL Affiliated Reps Jump to Focus Financial, Form $600M RIA
Meanwhile, the Harvest Group breaks away from UBS with about $300 million in assets; more
Merrill Lynch to Enter Robo-Advice Race
Merrill Edge plans to introduce a robo-advice offering later this year that combines online investing technology with human advisors.