Are You Turning Off Younger Clients?
Many advisors mistakenly use boomer tactics when talking to Gen Xers and millennials. If you want to reach younger clients, here’s how to proceed.
SEC, FINRA Enforcement: Ex-Marine Charged With Bilking Fellow Servicemembers
Among other recent FINRA and SEC actions were a $1.4 million fine for Oppenheimer & Co. for penny-stock violations and insider trading charges against a former Green Mountain Coffee exec.
New Hire Roundup: Gamble Named Managing Director at F-Squared
This week in new hires, F-Squared Investments named Paul Gamble managing director, and Sean Curry and Kimberly Palleon moved up at BMO Global Asset Management.
Unprecedented Muni Deal Will Gut Investors in Alabama Sewer Project
The costly sewage system revamp in Jefferson Counly, Ala., looks like a raw deal for muni debt holders who, for the first time, will be forced to accept a loss of principal.
Hard Sell: How to Make Succession Planning Easier
To examine some of the fears and anxieties around passing on a business, I interviewed three experts: Dave DeVoe, Barbara Hudock and Cam Marston, who revealed some key advice.
SEC Enforcement: Morgan Keegan Fund Directors Settle Over Botched Valuations
Also in the SEC's crosshairs recently: A penny-stock promoter nabbed in an undercover FBI sting and two medical insurance execs accused of a Ponzi scheme.
Top 10 Cheapest States for Long-Term Care Costs: 2013
Will you or your client be one of the 70% of people over 65 who will need long-term care? Genworth’s annual study on the cost of LTC indicates that if you are, you will be paying more for it this year.
The Disclosure Paradox: How Much Information Is Too Much?
Too much information can be as harmful to retirement plan decisions as too little.
Congress Gets Ready to Tackle Tax Reform, Budget
Congress is abuzz with activity this week as lawmakers start overhauling the tax code and plan to finish a continuing resolution to fund the government.
SEC, FINRA Enforcement Roundup: 31 NFL Players Bilked by Broker’s Casino Deal
FINRA and the SEC recently acted on issues that included the fleecing of 31 NFL players via high-risk casino securities and a rep who conducted a Ponzi scheme under his firm’s nose.