Wirehouse Teams Move to HighTower, Raymond James
Meanwhile, Advisor Center helps seven advisors transition to IBDs in its network with about $520 million in assets.
SEC, FINRA Enforcement: Ponzi Schemer Caught Diverting Victims’ Settlement Money
In other actions, FINRA censured and fined a Dayton, Ohio-based firm and its principal on compliance failures.
LPL, Commonwealth Grab Advisor Teams
The two IBDs trade affiliated teams based in Minnesota and Iowa.
With 10 Years’ Experience, FSI Flexes Its Advocacy Muscles
FSI marks its 10th anniversary with more individual members and with greater influence in Washington and the states, says its leader, Dale Brown.
How to Get Clients to Follow Your Advice
It’s one thing to give good advice — another to get clients to follow it. Behavioral finance experts Olivia Mellan and Kol Burke offer techniques.
SEC, FINRA, DOL Enforcement: $2 Million Restored to U.S. Postal Drivers’ 401(k)s
Meanwhile, SEC announces settlements in penny stock shell packaging scheme and agency wins on front running, loses on insider trading in Illinois case.
Keeping the Right Focus
It's been a good ride recently for total-return investors. First, the S&P 500 rose 25.2% through early December; global stocks, as tracked by Morgan Stanley, improved 21.6% during the same period.
Wells Adds 3 Teams with $4.5M as Rivals Nab Reps
Wirehouses are grabbing groups of advisors nationwide, and independent firms are acquiring new assets in Illinois.
Finke: What Do Lifetime Income Projections Achieve?
Proposed rules mandating retirement income estimates hold promise and pitfalls, Michael Finke says.
10 Best & Worst Tax States for Retirees
ThinkAdvisor highlights the five best and five worst states from a Kiplinger study on the tax environment for retirees.