'I can’t recall when they’ve been so explicit about what they do and why they choose a firm for examination,' a compliance expert says.
The more than a dozen major new rules the agency has proposed or finalized will create significant disruption for investment advisors, with substantial long-term implications.
Scale offers the solutions, capital and expertise entrepreneurial financial advisors need to serve their clients with distinction and build strong businesses.
Despite some minor glitches and some email outreach confusion, most advisors are handling the change well.
Network 1 Financial Securities did not have a written system to identify and flag excessive trading, resulting in $533,500 in commissions for the firm, regulator says.
The New York Post report comes after a string of executives have left the group in recent months.
When you’ve added as much capacity as you can through technology, how do you effectively grow your human capital?
The answer is easy—but how do you actually do it? Commonwealth Financial Network and InvestmentNews Research worked together to create three must-read articles about how advisors can address three important aspects of their business so they can focus on what matters.
Sheryl Hickerson, CEO of Females & Finance and judge for the upcoming InvestmentNews Women to Watch Awards, explains how to make the most of your conference experience.
'As a mother of three young kids ... I am so pleased to see NASAA recognizing the need for some flexibility,' an advisor says.
Some investors mistakenly believe they can achieve superior results by trying to time the market, but this approach inevitably leads to missed opportunities.
The firm is moving into a new phase of growth and has hired a former LPL, Citi, and Capital One leader.
'This is further indication that NFT trading by advisors is not ready for prime time,' Ric Edelman says.
The class-action complaint alleges the hack exposed personal information of 61,000 TD customers.
Cerulli Associates research reveals how reliance on advisors rises as retirement approaches.
New independent wealth firm also specializes in helping women in transition.
InvestmentNews Women to Watch judge Sonya Lutter says it’s vital for other women to see female leadership
Bank's decision to refocus on super-rich shows how tough change can be for an institution like Goldman, say industry sources.
CFP Board research shows that it’s not just younger generations that are open to AI-generated advice.
'I want our industry to think big,' Brad Genser says.
