SEC Busts 4 Insurance Agents in Scam Against Seniors
SEC charges four insurance agents for unlawfully selling securities in what turned out to be a multimillion-dollar fraud targeting retirees.
Ladenburg Thalmann to Acquire Securities Service Network
As part of its growing network, Ladenburg Thalmann is now acquiring broker-dealer and registered investment advisor Securities Service Network.
Fiduciary-Only Advisors: Of Attorneys, 'Agents' and Schmucks
Readers of my recent blogs had some interesting responses (with colorful language) about the viability of my suggested designation of 'Fiduciary-Only Advisors.'
DOL Fiduciary Rule in 2016?
It may be 2016 before a new rule is in effect, and even that’s a long shot, says Groom Law Group's Steve Saxon.
The Advice Business Needs a Serious Fix
If you ask a professional, a doctor for example, for advice, you rightly expect an answer that doesn't differ based upon whom you ask.
The Rise of the Financial Planning Academic
Doctoral programs in financial planning, and the academic research conducted by students and their professors, will usher in a new era in financial planning.
Physician Assistance: How to Advise Doctor Clients
Most advisors prefer to work with higher-net-worth people, and for many advisors, medical doctors and dentists constitute a key client group.
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.
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.
The Pros and Cons of AUM or Flat Fee Compensation for Advisors: Part 2
Is charging flat fees for advice really the “wave of the future,” or is it a recycled idea that gained little traction in the past?