SEC Charges Firm With Inflating AUM on Form ADV
By Melanie WaddellVista Financial Advisors repeatedly failed to corroborate its asset levels, the SEC said.
September 22, 2023
Altruist Ends Portfolio Software Fee for AdvisorsThe custodian had been charging a monthly portfolio accounting fee of $1 per brokerage account.
September 22, 2023
SEC Hits Wisconsin BD With Reg BI FineThe firm's policies and procedures contained Reg BI language but weren't tailored to its business, the SEC said.
September 21, 2023
LPL Expands Succession Planning Program to Advisors Outside the FirmThe firm's Liquidity & Succession offering allows advisors to sell their practice while maintaining their brand, it says.
September 20, 2023
Why XYPN Ended Its Tax Service for AdvisorsThe firm "couldn't find a way to make the economic model work" despite demand, CEO Alan Moore said.
September 19, 2023
XYPN Mulls Launch of Corporate RIAThe new option for members would launch in early 2024, co-founders Michael Kitces and Alan Moore said.
September 18, 2023
5 Myths That Stop Women From Becoming AdvisorsMany women are turned off by outdated ideas about what advisors do, Peggy Ruhlin says.
September 15, 2023
How Joe Duran Plans to Boost RIAs' GrowthHis new venture, Rise Growth Partners, will start with a small group of firms in 2024.