State-Registered Advisors Lack Policies to Protect Seniors: NASAA Report
By Melanie WaddellAdvisors "must make improvements in recognizing and reporting cases of suspected abuse," said Lisa Hopkins, NASAA president.
September 20, 2021
More Wealthy Business Owners Looking to Retire, Move or Sell: SurveyTwo-thirds of wealthy business owners say COVID accelerated their plans to retire or sell, Clarfeld | Citizens Private Wealth found.
September 20, 2021
FINRA Fines Ex-Merrill Rep Who Hid Felony Drug ChargesThe broker was charged with possessing more than 10 pounds of marijuana and lied about it on two U4 forms, FINRA says.
September 20, 2021
Tidemann Group, Alvarium Investments to Merge via SPACThe new firm, with $54 billion in assets, will be called Alvarium Tiedemann and trade on the Nasdaq under the ticker GLBL.
September 20, 2021
IRS Has a Tough Letter for Micro Captive OwnersOfficials say affected taxpayers are on the hook for withholding failures as well as bad deductions.
September 20, 2021
Betterment for Advisors Automates Custom Model PortfoliosThe self-serve process eliminates the need for advisors to interact with relationship managers.
September 20, 2021
How Retirement Worries Differ Among Diverse InvestorsAdvisors should consider cultural dynamics in financial planning, Allianz Life says.
September 20, 2021
Kitces' XY Planning Urges SEC to Block Brokers From Offering Financial PlansSuch services are beyond the scope of "solely incidental" advice, says XYPN, which also wants the SEC to tighten rules around advisor titles.