Wells Fargo Adds 11 California Reps With $1B in AUM
The wirehouse taps a new communications chief, as independent firms hire recruiters, portfolio managers.
SEC Enforcement: Balmy Belize No Refuge for Stock Scammers
In another action, a Massachusetts-based biotech company and its former CEO have been charged with defrauding investors
Covering the ‘Naked’ Fiduciary in Retirement Plans
Retirement plan sponsors and advisors are getting more sophisticated about their fiduciary liability insurance needs, but the problem is far from resolved.
David Bach: Smart Advisors Finish Rich
The best-selling author and Edelman partner on his firm's unusual hiring requirements and what he thinks of breakaway brokers who don't repay their loans.
Smart Beta’s Low IQ
Indexer Ron Surz blasts Rob Arnott, PowerShares, Russell and S&P, and says the bias toward value turns growth funds into "mush."
Frustrated States Push to Fill Small-Business Retirement Gap
Seventeen states are at some stage of legislating state-administered plans that hope to deliver retirement plan access to small employers.
SEC Charges Immigration Attorneys With Bilking Foreign Investors Seeking U.S. Residency
The lawyers sold investments in a fake ethanol plant, the SEC said.
15 Worst Cities for Retirees
Looking for a place to retire? Put these cities at the bottom of your list, WalletHub says.
Advisor Goes From 860 Clients to Zero, Makes More Money
How Anthony Lombardi, founder of Perfect Client, got rid of his end clients, got out of asset management and got a life.
Lawyer Charged With Bilking Client, 90, to Fund Cat Litter Box Invention
California attorney Delbert Modlin is charged with persuading a 90-year-old man to liquidate his assets and invest the $120,000 proceeds into an improved litter box.