Financial advisers who live by the maxim “the early bird catches the worm” might want to think twice before getting a head start on making the switch to state registration.
The Charles Schwab Corp. made several technology announcements this morning at its annual Impact conference in Boston.
Wealth management company Sanders Morris Harris Group Inc. said Monday that it closed on the sale of its primary capital markets division to Madison Williams Capital LLC.
Advocates for imposing a universal fiduciary duty for retail investment advice are questioning both the motives and the timing behind a study released by the Securities Industry and Financial Markets Association that raised concerns about a single standard of care.
Do breakaway brokers have to disclose to clients how much they stand to gain by going independent?
Voters have handed the Republican Party either a golden opportunity or a poisoned chalice, and the choice will be determined by the actions of the elected members of the party
After months of sounding out its certificants, the CFP Board's executive leadership this week will propose to the group's board that fees be increased by $12 a month, beginning July 1, for the 62,000 holders of the mark
In yet another sign of the move toward regulatory harmonization, the Financial Industry Regulatory Authority Inc. has asked for input on how to create an ADV-like form for broker-dealers.
It isn't an overstatement to say that the future of the advice business hangs in the balance as federal agencies conduct scores of studies and write hundreds of regulations designed to carry out the sweeping mandates of the Dodd-Frank financial-reform law
The U.S. Securities and Exchange Commission is poised to ban brokers from letting clients make unsupervised trades on stock exchanges, as it grows increasingly concerned that a rogue transaction could roil markets
With the SEC severely understaffed, investment industry officials are saying its becoming more likely than ever that advisers may find themselves regulated by a new body. The most likely candidate? Finra.
“I thought Twitter was something Brett Favre uses to pick up women.”
This year, Skip Schweiss, president of TD Ameritrade Trust Co., took on an additional role as managing director of advocacy and industry issues
Stephen Diggle, co-founder of hedge- fund firm Artradis Fund Management Pte, has set up a company to pool his personal wealth with that of family offices in Asia and invest in assets worldwide.
After Morgan Stanley took control of Smith Barney in May 2009 from Citigroup Inc., David Hopkins grew disillusioned with his new bosses.
Investing has always been fraught with uncertainty, but rarely has the average investor been confronted with as much uncertainty as is the case now
Revenue increased for a healthy majority of financial advisers over the past 12 months, according to <i>InvestmentNews</i>' 2010 Industry Attitudes survey — a clear bounce-back from 2009, when calamitous market conditions struck panic among investors and advisers alike
We've all read (or written) the stories about the average financial adviser, in his or her late 50s, who just can't seem to find the right succession plan.
UBS AG, Switzerland's biggest bank, will probably report a fourth straight quarterly profit tomorrow and the lowest wealth management redemptions since 2008.
The world's richest clients often come with “impossible demands,” push margins down and cause internal conflict with investment banking colleagues, said the vice chairman of Barclays Plc's wealth management unit.
