Fines, levied in July and August, top $500,000; Voya Financial takes biggest hit
For those looking for more than just account-level “multiple choice” investing, there's no substitute for an adviser.
The two bills would require Congress to approve the rule. Fight on a best-interests standard is now split straight down party lines.
Retail robos have a lot to offer investors, but are they really as good as they seem?
Think small data, mobile strategies, more virtual advisers and yes, robos.
A common mistake is painting yourself as the hero instead of your clients.
African-Americans are more bullish on the stock market than they have ever been, but still feeling sting from the U.S. real estate crash.
Though fines dropped last year, experts think the regulator's revised sanctions guidelines will mean an upward trend in penalties as well.
Advisers can help elderly clients avoid being a target, securities regulator says.
<i>Breakfast with Benjamin</i> These days, running for president means talking tough about Wall Street reform.
David Edwards of Heron Financial Group says advisers shouldn't be afraid to experiment on the web.
As trends are pushing firms to become more tech savvy, an opportunity emerges to stand out from the crowd by embracing the old.
Firms may have to spend more money and more management time upgrading their archiving systems
<i>Breakfast with Benjamin</i> The SEC is poised to wrap up its case against adviser Dawn J. Bennett, despite Ms. Bennett and her lawyers skipping the trial.
Dawn Bennett skips the start of her trial on grounds that it's unfair for SEC to use in-house administrative law judges.
Advisers should help clients forget about everyone else and realize "only your goal matters"
A combination of increased revenue, including a doubling of money raised through fines, and lower expenses helped Finra significantly increase net income last year.
The $9B firm is looking to spread its wings even further in Los Angeles, a city its CEO, Rob Francais, says has relatively few independent advisers given its size.
Advisers can use profile assessments to avoid expensive bad hires, experts say, but not all tests function the same.
