SEC Fines First Eagle, Affiliate $40 Million for Improperly Charging Shareholders
By Bernice NapachThe firms used shareholder money instead of 12b-1 fees to pay for fund distribution, the SEC said. Similar enforcement actions could be in the offing.
September 18, 2015
Top Portfolio Products: New ETFs From State Street and DirexionHedge your currency risk or double down on a leveraged sector stock bet? That's what some of this week's new portfolio products offer.
September 17, 2015
Advisors Downplay Fed’s Interest Rate DecisionToo much emphasis is being placed on the significance of this event, one advisor said as the FOMC announced it was keeping rates unchanged.
September 16, 2015
Eye on the regulatory regime in some far-flung placesThere is a constant push and pull worldwide to strike the right balance between protecting consumers and giving advisors the freedom to grow their practices.
September 16, 2015
Eye on the regulatory regime in some far-flung placesThere is a constant push and pull worldwide to strike the right balance between protecting consumers and giving advisors the freedom to grow their practices.
September 15, 2015
Women Make Great Advisors — So Why Aren’t There More?When women look for a financial advisor 70% look for a woman. With that sort of demand why are only 30% of advisors women?
September 13, 2015
The Real Cost of Investment FeesPersonal Capital, an online advisory firm, just released a report showing how much money investors lose paying fees to financial institutions.
September 11, 2015
Can Old Wall Street Firm Re-Emerge as Boutique RIA?The team at C.J. Lawrence says it has the "DNA" to address high-net-worth investors.