It's Time for Congress to Ban Forced Arbitration for Investors
The Investor Choice Act would level the playing field for ordinary investors by prohibiting mandatory pre-dispute arbitration agreements in BD and advisor customer contracts.
BDs Subpoenaed on Alt Sales to Seniors
William Galvin, the Massachusetts regulator, is setting his sights on alt investment sales to seniors, calling such products "accidents waiting to happen."
Schwab CEO Shows Some Love for RIAs: Weekend Interview
Walt Bettinger on how he values RIAs, helping advisors with changing client demographics and an aging workforce, and why he “cringes” at the growth of target-date funds.
Schwab’s Leaders Talk of ‘Never Greater’ Opportunities for RIAs
From the Explore conference, Walt Bettinger and Bernie Clark provide updates on programs for advisors and their new ad campaign, Own Your Tomorrow.
7 Famous Dads Who Make Good Financial Role Models
Despite their wealth and fame, these celebrity fathers have a set a good example in frugality for their kids to follow.
Tony Davidow, ‘Equal Weight Evangelist,’ Brings His Message to Schwab
Shortly after hiring Tony Davidow as its alternative beta and asset allocation strategist, Schwab filed regulatory papers for a lineup of ETFs that will use fundamental indexes.
Stop Denying Investor Rights: End Forced Abitration Now
For too long, investors have been forced to "take it or leave it" by mandatory pre-dispute arbitration clauses. The time is now for this denial of investor rights to end, which is why NASAA supports the Arbitration Fairness Act.
Is Schwab’s Arbitration Win Really a Loss?
There's much backlash in Washington over Schwab's successful rebuttal of a FINRA challenge to its expanded mandatory arbitration clause.
Schwab’s Sonders: Middle America Is My Favorite Emerging Market
"Someone asked me in a Q&A, 'What’s your favorite emerging market?’ and ‘Middle America’ was what came out of my mouth,” Sonders said at the FPA-New York annual summit.
Schwab Improves Results but Misses Estimates; Citi Tops Expecations on Strong Sales
The advisor services unit sees strong year-over-year flows and asset improvement.