Figures Don’t Lie. Well, Actually, Sometimes They Do
By Bob ClarkLike, for instance, on why paying a 1% annual fee for managing your assets is, in fact, not such a bad deal.
June 01, 2012
Combatants Gear Up for SRO HearingTheir collective rallying cry: an SRO isnt neededparticularly if that SRO is FINRA. What to do instead? Fund the SEC so that it can conduct more frequent advisor exams.
June 01, 2012
Focus Financial’s Colony Group to Merge With Mintz LevinFocus Financial Partners announced that partner firm The Colony Group will merge with Mintz Levin Financial Advisors under the Colony name.
May 31, 2012
Broker-Dealer and RIA Executives’ Top Concern: InnovationA Fidelity Investments poll finds that broker-dealer and RIA executives believe the greatest concern for the industry today is increasing competition and the need to differentiate.
May 30, 2012
TD Ameritrade Marketing Tool Promotes Fiduciary BenefitsRIAs need to market their fiduciary standard of care every chance they can, said Tom Nally, president of TDAI.
May 29, 2012
Bachus’ SRO Bill Blasted by Government WatchdogThe nonpartisan Project on Government Oversight told Reps. Spencer Bachus and Barney Frank in a letter on Tuesday that it opposes Bachus bill to create an advisor SRO.
May 29, 2012
FINRA Hits Back in Battle Over Advisor SROFINRA is now refuting a review, done by Boston Consulting on behalf of several investment advisory trade groups, that challenged FINRAs cost estimates in assuming an SRO role.
May 29, 2012
Why FINRA Is the Right SRO for RIAsFSI Chairman Joe Russo lays out the FSIs arguments for FINRA as the best SRO for RIAs, and says 75% of FSI advisor members concur with the group's position.