Advisors Weigh In on Presidential Race
By Melanie WaddellA recent poll of individual advisor members of the Financial Services Institute (FSI) found that those representatives overwhelmingly believe former Massachusetts Governor Mitt Romney will win the Republican presidential nomination, the Senate will shift to Republican control and that the economy will stay flat while taxes will go up.
February 28, 2012
SEC Issues Risk Alert on Unauthorized Trading in Brokerage, Advisory AccountsThe 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
Number of Breakaway Brokers to Increase, Schwab Survey FindsAs the investment advisory landscape continues to shift, a new Charles Schwab survey of advisors at major financial firms finds that more than three-fourths (76%) of those surveyed expect a continued increase in the number of advisors becoming registered investment advisors.
February 28, 2012
Raymond James Recruits $2.7 Million Advisor TeamRaymond James added a $2.7 million team to its ranks, the broker-dealer announced Tuesday.
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.