The Small, Generalist Broker-Dealer: R.I.P.? Who Will Survive
Led by the strictures of Dodd-Frank, higher costs and tougher regulation are already putting smaller, undifferentiated BDs into trouble.
When it comes to protecting themselves from disgruntled clients and the long arm of regulators, advisors and their broker/dealers have to be on the ball....
and Now for Something Completely Different
When it comes to software for advisors, there always seems to be another company emerging with a new problem-solving piece of software. It's not uncommon...