SEC Issues Risk Alert on Unauthorized Trading in Brokerage, Advisory Accounts
By Melanie WaddellThe Risk Alert issued by the SEC warns that although BDs and RIAs are subject to different regulatory requirements, both face similar risks of financial and reputational losses arising from unauthorized trading.
February 28, 2012
SEC, CFTC Issue Joint Rule Proposal on Identity TheftThe SEC on Tuesday announced a rule proposal to help protect investors from identity theft by ensuring that broker-dealers, mutual funds, and other SEC-regulated entities create programs to detect and respond appropriately to red flags.
February 27, 2012
Wharton Professor Gives Advisory Model Radical MakeoverVeritat, a new approach to financial planning, makes it convenient for advisors to focus on building their book and minimizing their costs, while providing comprehensive planning for clients.
February 26, 2012
Why You Should Benchmark, and Tips for Effective Benchmarking: Pt. 2One clear benefit of benchmarking: learning what your fellow advisors report are their top barriers to growth, but also their top growth enablers.
February 24, 2012
Great Plains Financial Group Joins Securities AmericaSecurities America announced Thursday that Great Plains Financial Group has joined the La Vista, Neb.-based broker-dealer.
February 16, 2012
SEC Tightens Rule on Advisory Performance FeesThe SEC announced Thursday that it is tightening its rule on investment advisory performance fees to raise the net worth requirement for investors who pay performance fees by excluding the value of the investors home from the net worth calculation.
February 08, 2012
Angeles Investment Advisors, Carson Wealth’s Foster Launch HNW RIAThe new RIA plans to grow by hiring breakaway brokers looking to build upon an exceptional brand.
February 08, 2012
LPL’s Moore Says BD Is a ‘Positive Attractor’ for Advisors: Q4 EarningsRobert Moore, CFO of the largest IBD, tells AdvisorOne flat Q4 is due to market volatility.