Looming Advisor Shortage Demands New Training Approach
Steve Johnson and other talent mavens aim to change training of millennials, who respond to different methods than prior generations.
SEC Enforcement: Goldman’s ‘Fabulous Fab’ Ordered to Pay More Than $825,000
In other financial enforcement news, two brothers charged by the SEC with insider trading last June were found guilty by a jury.
New Hire Roundup: Charlson to Head Morningstar Alternative Funds Research
Meanwhile, the American Benefits Council names new board members and officers, and CFPB adds experts to senior posts.
State Regulators OK Plan to Streamline Filings for Small Offerings
The proposal to have Regulation A filings made in one place would ease compliance costs for small firms trying to raise capital under the JOBS Act, NASAA says.
Senate Finance to ‘Move Quickly’ on Tax Extenders
Senate Finance Committee Chairman Ron Wyden, D-Ore., made special mention of the research and development tax credit.
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.
Advisors ‘Following the Money’ to New, Underserved Markets
The best new markets for advisors are in increasingly far-flung places, away from traditional financial hubs like New York and Los Angeles.
GOP Jumps on Minimum Wage Job-Loss Report
The CBO report said boosting the minimum wage may cost as many as 500,000 people their jobs.
Raymond James Adds $100M Team; $84M Rep Returns to Securities America
The team joins from Wells Fargo, while the advisor comes back after departing from Valmark Securities.
Changes Afoot in Washington Well Ahead of Midterm Elections
"It’s virtually certain that Republicans will retain control of the House — and now are within striking distance of taking the Senate,” says strategist Valliere.