BD Stocks Feel Bite as DOL Fiduciary Deadline Nears
Meanwhile, financial analysts say Trump could bring broker-dealers, insurers and asset managers relief from some aspects of the reform package.
A 7-Point Checklist for Advisors to Protect Against Cyberattacks
Former Homeland Security Secretary Michael Chertoff offers his recommendations on how financial firms can prevent or limit the impact of an attack.
Merrill to Pay Fine Over Trading, Disclosure Issues
More than 1,000 trades were not executed to get clients the best prices, and investors didn't get compensation info on thousands of trades.
LPL Shares Details on 108 Recruited Reps, Newest Partner & Tech Woes
The IBD picked up at least $4.2 billion in assets in Q1'17; earlier this month, its IT network and backup systems went down.
College Grads Entering Best Job Market Since Great Recession
The New York Fed says the unemployment rate for recent college graduates is under 4% and wages have been rising.
Top 3 Low-Cost Ways for IBDs to Drive Post-DOL Value to Advisors
As broker-dealers await regulatory certainty, "go big or go home" is a false choice for firms that want to do right by their advisors.
Dallas Cowboy Sues Ameriprise Over Advisor’s Fraud
The football player claims the firm never told him about his ex-advisor's suspension or moved to stop fraud.
Best Firms for Self-Directed Investors: J.D. Power — 2017
More banks are moving into this space; millennials are demanding as clients and can easily jump to robos, the survey finds.
RBC Nabs $5.5M Morgan Stanley Team; Baird Adds $1.4M Group from UBS
Meanwhile, Raymond James and U.S. Trust share the names of their most recent hires.
Fidelity Expands Managed Account Offering to Advisors, Recordkeepers
The offering is a personalized, customized solution for employee retirement accounts.