Raymond James Posts Record Revenues for Q2, but Profits Slip
Total number of advisors in the Private Client Group reached record 6,384, but assets grew faster than headcount.
Is the DOL’s New Proposal Really a New Broker Standard?
As I make my way through the DOL’s proposed rule changes for brokers, the sentence that keeps running through my mind is: “We’ve been had.”
Raymond James Exec: ‘No Robo-Advisor Plans’
Raymond James' indie arm remains focused on advisors, their growth and recruiting, according to President Scott Curtis.
TD Ameritrade Misses on Q1 Earnings
In the coming months, the firm will decide whether to focus on growth through marketing and salespeople or technology, or both, CEO Tomczyk says.
DOL Releases Fiduciary Plan
The DOL's long-anticipated, controversial redraft of its rule to redefine fiduciary for retirement plans is now out for public comment.
This Is What the Fiduciary Debate Is Really About
Financial advisors are taking the lives of their clients in their hands. If advisors don’t understand this, they can do a lot of damage.
Enforcement Roundup: Defense Contractor Fined for ‘World Tour’ of Bribery
Meanwhile, FINRA fined Newbridge Securities Corp. for buying and selling corporate bonds at unfair prices.
El-Erian: 8 Takeaways From March Jobs Report
Here are eight quick things to know about the jobs report released today, via Allianz global economic advisor Mohamed El-Erian.
March Jobs Report Shows Slowest Growth Since End of 2013
The jobless rate held at 5.5% as companies sought to bring U.S. headcounts in line with a slow start to the year.
Lining Washington's Pockets to the Tune of $1.4 Billion
Wall Street banks and other financial services groups poured large sums of money into Washington during the 2013–2014 campaign cycle, spending more than $1.4 billion to influence decision making in the nation's capital.