In 5 Years, Wealth Management Will Be Transformed: Roubini ThoughtLab
The detailed report shows that many financial advisors may not understand how fast wealth management will change in the coming years.
When Advisors Break Away, Cybersecurity Also Gets Broken
While breakaway advisors may have the freedom to embrace new technologies, that freedom comes with new cybersecurity risks.
Financial Services Firms’ Reputation Still Shadowed by 2008 Crisis
The 2008 financial crisis continues to shape negative consumer views of the financial services firms.
Where Trump, Clinton Stand on Key Tech, Innovation Issues
An IT foundation found much to like in both candidates’ general tech positions, but one has been more assertive on innovation.
‘Rolling’ DOL Fiduciary Guidance Begins in Fall: DOL’s Hauser
“Our main goal in the near-term is to help people get to compliance,” Hauser said, as the April deadline nears.
Many Advisors Don’t Understand How to Mitigate Cybersecurity Risks
While most financial advisors say cybersecurity is a top priority, many do not feel they are fully prepared to manage and mitigate this risk.
Enforcement: SEC Wins Anti-Fraud Case Against Miami; Stock ‘Whiz Kid’ Busted
A “stock trading whiz kid” agrees to pay nearly $1.5 million to settle charges of defrauding newsletter subscribers; more
Registered Advisors Hit by More State Enforcement Actions in 2015: NASAA Survey
NASAA’s just-released enforcement survey notes high percentage of frauds were perpetrated in 2015 through the internet and via CPAs and lawyers.
Ignore These 7 Climate Change Factors at Your Portfolio’s Peril: BlackRock
Financial advisors should add climate change to the list of factors they consider when thinking about portfolio risks, said BlackRock’s Richard Turnhill.
HNW Individuals’ Lax Security Easy Target for Fraud
Executive impersonation is up more than 100% in the past 6 months, David Stender of M&T Bank says.