No financial adviser can afford the reputational damage or loss of client confidence that can result from a serious cybersecurity failure. And no investor deserves to have his or her private data compromised.
For complete balance, all interested parties should weigh in and the government should listen.
Opposing Labor Department's fiduciary proposal tops the list of legislative and regulatory issues the trade group is focusing on.
From the advisory business model to crowdfunding to elder financial abuse, discussions taking place despite congressional gridlock
The advice business must work together to ensure advisers have the resources and information they need to develop and execute strong succession plans.
As a first step, communication and coordination between advisers, regulators needs to be improved.
At September gathering, FSI plans focus on M&A, practice valuation, contracts, deal structures and best practices for implementing a succession plan.
Though well-intended, Finra's plan could come with new security concerns and costs
