FINRA’s ‘Total Warfare’ Against Brokers in Arbitration
Breakaway brokers and pros across the financial industry cite biased panelists, missing hearing records and a 93% win rate for brokerages.
A Fiduciary Standard: The Next Big (Marketing) Thing?
If brokers can call themselves fiduciaries without actually being so, having a 'fiduciary duty' may become the next powerful marketing tool.
Figuring Out Fiduciary
This question has been dogging me for some time: What, exactly, does fiduciary advisor mean? Sure, advisors, as opposed to brokers, have a fiduciary duty...
Conventional wisdom decrees that the preferred business model for wealth managers is to operate as an independent registered investment advisor without any broker/dealer ties. Indeed,...