New Hire Roundup: SEC Names Pollock L.A. Exam Chief
Meanwhile, wealth advisory firm Presidio Group opens a new Washington office.
Mark Tibergien, Reigning Champion: The 2014 IA 25 Profile
Mark Tibergien is the only individual to have won a spot on the IA 25 for every year that we’ve been publishing the list.
Guggenheim Launches Alternative Investment Platform
The platform enables advisors to build and implement customized hedge fund portfolios for clients.
EU Group Calls for Firewall on Risky Investment Banking
An EU advisory group said that the risks of investment banking should be separated from retail banking activities as a means of protecting depositors and taxpayers.
New York Regulator Threatens to Suspend Standard Chartered Over Iran Dealings
The New York Department of Financial Services has warned the British bank Standard Chartered that it could be suspended from doing business in the state over charges that it violated money-laundering laws in dealings with institutions in Iran that are subject to U.S. economic sanctions.
LPL Adds Strategies to Growing Fee-Based Models Platform, Lowers Minimums
New strategies added to the platform include offerings from AlphaSimplex, J.P. Morgan Asset Management and Morningstar. LPL will also lower the account minimum to $25,000 from $100,000, Vice President John Moninger said.
New Hire Roundup: FASB's Herz Joins Board at Morgan Stanley
This week in new hires, Robert Herz elected to the board at Morgan; Dune Thorne joins Brown Advisory; SEC gets new head of investment advisor examination program.
New Hires Roundup: U.S. Bank Adds Steiger; CAIS Welcomes Stone, Promotes Cobon
This week in new hires, Heidi Steiger added to U.S. Bank’s wealth management business; Landon Stone went to CAIS, which also promoted Lachlan Cobon.
CFA Reverses on Advisor SRO, Frustrated Over Lack of SEC Funding
After the CFA reversed its opposition to an SRO for advisors, CFA's Barbara Roper tells AdvisorOne that FINRA 'is almost certain' to play some SRO role.