When It Comes to Switching Broker-Dealers, Just Do It!
For advisors who have decided to move on with their advisory practices, there are numerous reasons not to dawdle.
Wells Fargo’s Mack Opens Up on How an Advisor Helped Her Cope With Tragedy
Wells Fargo Advisors President Mary Mack puts the importance of the DOL fiduciary rule and client-advisor relationships in highly personal terms.
Ameriprise Weighs Adding Advisors as Regulation Squeezes Rivals
DOL fiduciary rule opens up opportunities, CEO says; firm has devoted about 400 people to deal with its impact.
FINRA to Examine BDs for Conflicts of Interest
With compliance costing the industry $300 billion since 2010, the self-regulator wants BDs to answer questions on "cultural values" in a targeted exam.
BofA Wealth Profits Fall in Q4; Morgan Stanley Shows Mixed Results
Merrill Lynch says its advisors had close to $1 million in yearly fees and commissions in 2015.
JPMorgan Wants Ex-Worker Found in Contempt Over Poaching
Bank says ex-employee Salvatore Alesia is improperly soliciting former clients after joining Morgan Stanley.
SEC Fiduciary Rule to Include ‘Deep Economic Analysis’: Chief White
The SEC’s uniform fiduciary proposal for brokers and advisors will include plenty of research on the rule’s impact on retail investors.
FSI Urges Advisors to Prepare for ‘Post-DOL World’
Trade group spells out what many changes will look like as new fiduciary rules move forward in Washington.
How to Beat Robos With Stellar Service
Seth Mattison tells 300 advisors and others at the FSI Advisor Summit that every detail counts in the competitive field of financial advice.
Recruiting Roundup: UBS, Wells Fargo, Merrill Add Reps, Teams
Meanwhile, Raymond James announces its latest bank affiliate, and HighTower brings on a new wealth group.