Genworth Launches Trust Business for Indie Advisors
By Joyce HansonAdvisors worried about losing client assets to corporate trustees seek relationships with firms who will support their primary relationship with clients, says Genworths Brad Wheeler.
August 02, 2012
LPL Grabs Russo’s Advantage Financial, $2 Billion in Assets From NPCRusso described the move of 63 advisors to LPL from NPC as a process that Advantage Financial undertook as it created a philosophy reflecting the strong currents that are sweeping through the industry.
August 02, 2012
SEC, FINRA Enforcement Roundup: Bristol-Myers Squibb Exec ChargedThere was an international flavor to some of the recent actions taken by the SEC and FINRA, including freezing $38 million in assets in an international insider trading case and charges involving a Chinese reverse merger company.
August 02, 2012
Why Isn’t the SEC Doing Its Real Job?Two readers identify the real problem with the SEC: it focuses on compliance with the letter of the law, rather than trying to catch the bad guys.
August 01, 2012
Mercer Brings Its Research to Focus FinancialThe deal allows Focus Financials partner firms to tap the expertise of Mercer, one of the worlds largest investment and human resources consulting firms.
August 01, 2012
FSI Adds 2,500 Advisor MembersFSI announced Tuesday that NEXT Financial Group, Transamerica Financial Advisors. and The Strategic Financial Alliance have joined as members, collectively adding 2,500 new independent advisor members to FSI.
July 31, 2012
4 Misconceptions About Financial Advice From a Veteran AdvisorPaula Hogan has read the theoretical literature, and shes contributed to it. She has also compared these theories to life in the advisor trenches and has some advice for her advisor peers.
July 27, 2012
SEC, FINRA Enforcement Roundup: $268M Insider Trading Scheme BustedCharges of insider trading in a secondary stock offering, accounting violations and efforts by a phony company president to push a fake penny-stock investment were among enforcement actions taken by the SEC.