Indie BDs Warn SEC of Major Flaw in Conduct Rules
By Melanie WaddellThe regulator is repeating mistakes the Labor Department made with its fiduciary rule, a BD group says.
August 06, 2018
'O' No! Ken Fisher Tells SEC to Ban Use of 'Advisor'Brokers have created investor confusion by using "advisor" to skirt the ban on using "adviser," Fisher says.
August 03, 2018
Post-IPO Focus Financial Adds $3.5B GroupWith the initial public offering, the RIA industry has "a great real success story," according to one industry consultant.
August 02, 2018
Wirehouses Are 'Doing Just Fine': United Capital's BrinkerDespite projections that wirehouses are losing market share, the United Capital exec thinks they have the potential to be "formidable."
August 02, 2018
SEC Reg BI Stricter Than Fiduciary, Will Cause Brokers to Flee: PeirceThe push for fiduciary standards for all "will have the perverse effect of harming investors," Commissioner Hester Peirce says.
August 02, 2018
Chicago Advisor Takes On Gun ViolenceRick Meyers' firm, Bernstein Wealth Management, helps clients get involved, too.
August 02, 2018
$550M Wells Fargo Group Moves to Raymond James: Recruiting RoundupPlus, Dynasty Financial Partners helps Michael Henley and several other Merrill Lynch advisors go independent.
August 01, 2018
The Do's and Don'ts of Selling New Comp PlansWhen rolling out a new compensation plan, the first rule is to not release it before its time; otherwise, you are asking for trouble — often big trouble.