Beauty Is in the Eye of the Discloser: Suggestions For the CFP Board’s New Standards
While most reviewers are applauding the proposals, one point that the more astute observers are consistently making is that they take a rather soft stand on conflicts of interest.
LPL Schools Hybrid RIAs on Rollovers
The IBD just clarified its “education-only” policy tied to advisory accounts.
Open Architecture Is Key for RIA/BD Hybrids
For hybrid firms, it’s important to do things in as efficient and cost-effective a manner as possible.
How Advisors Can Help Prevent Wealthy Families From Losing It All
In his book, “More Than Money,” Michael Cole, president of Ascent Private Capital Management, tells how advisors can retain clients over generations.
Advisor Gets 2 Years in Prison for Cherry-Picking Scheme
SEC 10b-5 charges to allow for criminal prosecution appear to have influenced the decision.
Guggenheim Launches Multi-Factor Large-Cap ETF: Portfolio Products
VictoryShares introduces a new minimum volatility ETF.
3 Big DOL Fiduciary Pain Points for Advisors
An Aite Group survey of advisors asks how difficult they think various tasks will be under the fiduciary rule.
Financial Advisor Performance Data Is Biased, Many Investors Say
Some investors compare advisor reports to a school report card written by the student, Phoenix Marketing says.
How to Avoid Failure to Supervise
“Supervision” is one of those compliance buzzwords that gets tossed around like its meaning is obvious. I submit to you that it is not.
Raymond James, Dynasty Add Big Wirehouse Teams: Recruiting Roundup
Meanwhile, Cetera attracts a group with 55 indie advisors in Southern California.