"I call it B-D/IA arbitrage," Finra's Christopher Kelly said, describing his concern about advisors flouting the boundaries between charging clients fees and commissions.
The report from the CFP Board outlines specific steps proven to establish and cultivate equity for employees at all levels with financial services organizations.
Gorman, who transformed Morgan Stanley after it nearly collapsed during the global financial crisis, will assume the role of executive chairman after exiting as chief executive.
Joe Keefe, who has led the group and its precursor since 2005, will be replaced by Ed Farrington, the group's head of distribution.
It's time for the financial services industry to rethink its rules when it comes to offsetting fees.
It's in the best interest of Cetera's owner, Genstar Capital, to make the broker-dealer network look as much like a registered investment advisor as possible.
While at Fidelity, Durbin oversaw the company’s 2015 acquisition of eMoney Advisor.
Despite the broader slowdown in recruiting over the first three months of the year, the RIA and independent broker-dealer channels have continued to bring on experienced advisors at a steady pace.
The disclosures that MML Investors Services delayed making included customer complaints and arbitrations, criminal charges and bankruptcies.
Healy, a long-time executive at TD Ameritrade, was appointed to head the center last summer to lead its efforts to elevate the financial planning profession with programs in diversity and inclusion.
A successful value exchange requires a demonstration of worth as a matter of consistent policy and procedure to build the trust needed to improve the client’s financial well-being.
As the number of certified financial planners grows, here are the independent broker-dealers who employ the most CFPs.
Trusted Wealth Partners in Omaha, Nebraska, is moving to Commonwealth while Connecticut-based Hedberg Wealth Management is going to LPL.
Advocacy group Autism Speaks says that the cost of caring for a person with autism can run an estimated $1.4 million over the course of their lifetime.
The majority of advisors have some clients who are unprofitable or no longer a good fit for them.
According to InvestmentNews data, the top two destinations for advisors leaving Securian this year are LPL Financial and StanCorp Equities.
In an era of increasingly complex regulatory oversight and possibly the most aggressive SEC ever, breakaway RIAs are realizing that compliance is not something to be ignored.
The Inflation Reduction Act gives clients many reasons to make their homes more energy-efficient or get an electric vehicle, now or later.
Research shows most new clients come directly from referrals from existing clients, yet most advisors are reluctant to ask for referrals.
Rising women advisors apply their mothers' and mothers-in-laws' advice to grow their careers.
