Finra's action against Long Island Financial Group is yet another indication of its dissatisfaction with the industry's implementation of Reg BI.
New and expanding programs are crafting on-ramps for traditionally underrepresented investors to the world of private equity and venture capital.
A survey by Bankrate.com found that more than half of those polled viewed financial infidelity as worse than physical infidelity.
Plus a couple of fintech fundraising announcements and another alternatives platform hits the market.
Investors will be able to see whether a brokerage has been flagged for having a history of misconduct or employing a number of reps with disciplinary violations.
But the deal raises the possibility other firms may go after the Securian advisors; Cetera and LPL have faced off in the past over recruiting advisors amid an acquisition.
The 35-year-old co-founder of AdvicePay and XY Planning said he got the AdvicePay board's blessing late last year to make the transition.
As firms increase in size, client referrals represent a declining percentage of new assets, while marketing accounts for a greater percentage.
We don't know how Reg BI or the CFP credential's fiduciary standard work in practice because there has been no substantial punishment for violating them.
Daniel Gamba starts work as president of the $1.2 trillion asset manager on April 3.
Giant financial services companies are starting 2023 with more moves to control and own the assets of financial advisors, rather than servicing them for a modest fee.
Financial advisory firms need to be sure that clients are able to read documents, and providing that access is an ongoing process.
Firms are developing more products focused on equal opportunities and gender issues, Cerulli found.
The fund aims to invest in companies that help improve the quality of life for women.
When Walsh will officially step down has not yet been announced but Deputy Secretary Julie Su is expected to become acting head of the agency.
The agency's other examination priorities for this year include RIAs who manage private funds, ESG investing and crypto.
Set aside time to take stock and focus your sights on what you want to achieve in the months ahead.
When an advisor launched a nonprofit in his ancestral home of Ghana, he also learned how to better understand his clients
As a consultant, Duran will focus on Goldman’s effort to become a leading custodian to RIAs, working with the head of Goldman’s RIA offering, Padi Raphael.
Nearly 90% of investors surveyed said they would like advisors to help them with allocations
