Advisors
News updates, trends and analysis on financial advisors, investment advisors (RIAs), and financial planners (CFPs).
Ex-Morgan Stanley Rep Ran Multimillion-Dollar Ponzi Scheme, SEC Says
By Jeff BermanThe ex-broker allegedly blew over $800,000 of clients' funds on luxury cars and his credit card payments.
April 19, 2022
New WealthConductor App Lets Advisors Use Health Data in Retirement PlanningIncomeConductor Health+ will enable advisors to use data like longevity and health care expense projections in client plans.
April 18, 2022
Merrill, Private Bank Profits Jump 28%; Advisor Headcount DipsThe firm's wealth management unit ended Q1 with 1.3% fewer advisors than the previous quarter.
April 18, 2022
Taxpayers Get Crypto Jolt in Otherwise Shockingly Normal SeasonThere are now reporting requirements for purchases and sales of digital currencies and non-fungible tokens on individual returns.
April 15, 2022
Barred Broker's Probation Revoked After Unauthorized Caribbean TripThe former Raymond James and Alliance Global Partners rep had been charged with defrauding at least 100 clients.
April 15, 2022
Schwab Launches Personalized Indexing for RIAs: Tech RoundupAlso, Broadridge enhances analytics to help asset managers better target advisors.
April 14, 2022
Ex-Head of RIA Sentenced to 12 Years in Prison Over $120M ScamThe former IIG managing partner and CIO was also sentenced to three years of supervised release.
April 14, 2022
Anti-Annuity Advisors Shouldn't Be in Business, 'Stan the Annuity Man' Says"If you're an advisor who tells clients, 'You should never look at an annuity,' you're a fool," he tells ThinkAdvisor.