A candidate for Finra's board of governors has launched what he calls a “dissident campaign,” asserting he will try to prevent the regulator from “antagonizing” members, especially independent broker-dealers.
Largest mutual fund company announces its response to reforms intended to prevent a run.
When people account for 70% of expenses, you can't afford to make compensation and staffing mistakes.
The recent cyberattack on Sony Pictures Entertainment holds lessons for Finra's pending data-collection proposal, SIFMA executive argues.
The business is male-dominated, but some independent broker-dealers have come close to having 30% of producing female reps on staff. Here's a break down of the gender divide.
Breaking down how password managers actually work, plus details on three good options for advisers to consider
Ketchum dodges criticism over the regulator's data collection program, says 'it's still very early in the game.' <i>(Also: <a href="//www.investmentnews.com/section/video?playerType=INTV&bctid=3884369463001&date=20141110"" target=""_blank"" rel="noopener noreferrer">Incoming SIFMA chair worries about CARDS' cost, security</a>.)</i>
Some of the biggest adviser moves in 3Q were teams who left wirehouses to join firms that offered company shares for those willing to take the risk. <i>Plus:</i> Check out <i>IN</i>'s <a href="http://data.investmentnews.com/aotm/" target="_blank">Advisers on the Move database</a>.
Inserting strong language into rules, such as that wiping clean a broker's record should only be considered 'an extreme remedy,' could give it more weight.
Culture, planning and even mistakes help firms thrive.
In-depth research and new partnerships are needed to investigate the rational and emotional ways investors think about money, investing and their advisers.
Just 47% of multimillionaires ages 18 to 34 use an adviser, a new study finds. That means wealth managers may be missing opportunities to discuss health, family and financial values with those and other potential clients.
Plan advisers need to make sure they can properly service MEPs and are not just dazzled by the idea of adding dozens of new clients.
Markets remain vulnerable to manipulation by clever traders with computer skills
Group asserts its intent to 'continue to vigorously defend itself' against lawsuit
Over 60 brokers have jumped to LPL since October, MetLife alleges; former brokers strike back, accusing the insurance company of poor practices.
For Armond A. Dinverno of Balasa Dinverno Foltz, leadership means grooming the next generation of adviser talent.
Fees and expenses matter, but in a procedurally prudent investment process, their management should account for less than 10% of a fiduciary's total efforts
Regulator charges Kimberly Springsteen-Abbott with misusing investors funds, fines her $100,000.
