Social Security
The top Social Security news, strategies and planning insights advisors can use to best serve clients.
Lessons Learned From Securities America
By James J. GreenHighTower’s Weissbluth and FA Insight’s Inveen and DePardo on what broker-dealers, advisors and regulators can learn from the Securities America imbroglio.
March 28, 2011
Securities America 'Deteriorating,' Rep Says, but Company Denies ItThe environment at Securities America has deteriorated, with several advisors leaving this week and more set to leave soon, said a departing rep and a veteran recruiter.
March 26, 2011
‘Substantial Progress’ Reported in Securities America Mediation TalksIndependent BD, backed by parent Ameriprise Financial, says “all interested parties” have committed to a process to resolve legal issues.
March 24, 2011
AIG Faces Competition for Not-So-Distressed DamselsAmerican International Group Inc. may have to fight other financial services firms for a chance to repurchase mortgage-backed securities it sold to a fund controlled by the Federal Reserve Bank of New York in November 2008.
March 23, 2011
Securities America Isn't Only BD That Sold Provident, Med Cap, List ShowsWhile most advisors may emerge unscathed, the independent broker-dealers that survive may need to rework operations to stay afloat.
March 22, 2011
As Ameriprise Hopes to Mediate New Settlement, Securities America Reps Look to Jump ShipWhile Ameriprise Financial will likely be stepping in soon to mediate a settlement regarding its embattled broker-dealer subsidiary, Securities America, recruiters say that many Securities America reps are already contemplating jumping ship.
March 21, 2011
We Need a Better FixIs the system broken? As a millennial, I am not on the cusp of retirement but if you pose this question to a boomer, they may have a more temporal answer.
March 21, 2011
Rejection of Securities America Settlement Has Wide-Ranging ImplicationsState securities regulators hail judge’s decision as protecting investors’ interests, but trouble looms for the broker-dealer, and perhaps for other BDs.