Alan Harter's clients started suggesting more than two years ago that he should cut his Wall Street ties and become their independent investment adviser
Although some may question the financial acumen of an institution $14 trillion in the red, Uncle Sam wants to teach America's high-school-age students more about finance so that they will be better prepared to make personal financial decisions
Hundreds of financial advisers switched firms this year, many looking for opportunities to build equity in themselves and some exiting after mergers. Many were also lured by big bucks, according to recruiters and industry experts.
Physicians are foot soldiers in states' battle to protect elderly from fraud
SEC claims Wachovia unit charged excessive markups on CDOs in 2007
Smaller firms smacked by increased costs from audits, uncertainty over rule; 'this is a mess'
The regulatory burden on financial advisers is mounting as various government agencies parse the fine points of the Dodd-Frank financial reforms and develop new rules
A federal appeals court last Tuesday agreed that a lawsuit brought by a brokerage firm over the 2007 merger of NASD and the regulatory arm of the New York Stock Exchange should be thrown out
Financial advisers should rethink the way that they disclose information to clients, and investment firms should review and debate possible sales conflicts regularly, Finra chief executive Richard Ketchum said last week
