FPA Plans Launch of ‘Knowledge Circles’
Program will allow members to “discuss best practices and work collectively on innovative ideas while providing valuable guidance to FPA,” says FPA's Schadle.
Fiduciary Debate Turns to Impact on Investors
The latest debate over whether the SEC and the Department of Labor should issue fiduciary rules this year recently turned to whether investors could be harmed by DOL's rulemaking, or harmed by the lack of such a rulemaking by the SEC.
Poor Time Management Is Costing Advisors: FPA Study
By increasing productivity, advisors could add 50 client meetings a year, a Financial Planning Association report found.
SEC’s Lack of Fiduciary Action Is Hurting Investors, Advocates Warn
In a letter to the SEC, a coalition provides evidence that advice to retail investors under a suitability standard is harmful.
Does the independent advisory industry really need another study?
More Advisor Exams? Not Under This SEC Budget, Advocates Say
CFP Board, CFA and others say the SEC's pledge to examine more advisors will be tough to fulfill with only a $29 million increase.
Advisors’ Biggest Retirement Blind Spot May Be Their Own
FPA-sponsored study finds most advisors are not properly managing their own business affairs, but younger advisors are bucking the trend.
Why In-Person Advisor Conferences Still Matter: Case in Point, Schwab Impact
There are more ways than ever for advisors to learn from each other, and to support each other, but nothing beats an in-person gathering of the like-minded.
New Hire Roundup: Vanguard Names Davis Head of Fixed Income
In other personnel news, the Brownstone Investment Group hired Matthew Martines, and the Alliance for Investor Education elected new officers.
Bill to Kill Fiduciary Rules by SEC, DOL Heads for House Vote
The Retail Investor Protection Act may even pass the Senate, said an industry official, “especially if it gets strong bipartisan support in the House.”