Steve Jones and Seth Gunderson have formed Tenacity Investment Group in Longmont, Colo.
The cost of liability insurance is expected to increase up to 20% at some broker-dealers in response to rising arbitration claims by investors after the market crash.
Schwab survey also uncovers drop in margins, slowdown in number of new clients
Inability to meet Finra's net- capital requirements will force more small and independent broker- dealers to shut down this year.
Highly rated financial advisers talk about what got them to the top of the heap
One in four considering yanking funds from current adviser; more frequent contact craved
For advisers, having too few clients can be a dire situation. On the other hand, having too many clients comes with its own traps, snares and pitfalls.
Financial adviser Steven Mait was making a left turn in his Coral Springs, Fla., neighborhood last year when a convicted drug offender, driving under the influence of cocaine, oxycodone, morphine and five other drugs slammed into his car and ended his life.
JPMorgan Chase & Co. had a big third quarter, with profits spiking by 23% -- but it also appears to have had a successful quarter, and year, recruiting financial advisers.
The soft market for advisory businesses is revealing an old verity: A founder's best successor is often a junior adviser who has been elevated to partner.
Tool will help ETF providers to focus their marketing and educational materials on the needs of advisers.
Whether they admit to it or not, lots of fellow independent broker-dealers and probably thousands of registered reps are going to monitor how a new social media pilot progresses at Cambridge Investment Research Inc.
In his latest letter to Berkshire Hathaway shareholders, Warren Buffett says directors and officers -- and not shareholders -- should take the hit for reckless investments.
The confirmation a year ago of the first Hispanic Supreme Court justice, following the election of the first black president, has signaled for many people a growing appreciation of racial diversity and inclusiveness in the United States.
If Don Whalen had to make an elevator speech about his product, he would probably describe PreciseFP as a universal online form for client data entry.
Financial planners seeking formal certification will soon be tested not just on what they know — but on ethical questions and their ability to potentially communicate with clients.
While the graying of the advisory industry creates the risk of having too few reps to meet the demand of aging boomers, it's a big opportunity for younger advisers eager to build their businesses.
The process and discipline of financial planning can provide the bedrock for the future financial stability of individuals and families in America.
