Everyone may be talking about Yelp amid the SEC's updated guidelines on testimonials and social media, but it's directories like BrightScope and AdviceIQ where advisors are likely to encounter client reviews.
Transamerica Financial Advisors agreed to pay $1.1 million to settle the Securities Exchange Commission’s allegations the St. Petersburg, Fla.-based firm improperly calculated advisory fees and overcharged its clients.
Women are still a minority in financial services, despite the industry's efforts to address the gender imbalance. But the 10 women here are not only financial advisors, they're highly successful business owners as well.
The burden imposed by regulators on businesses, both in the U.S. and abroad, will continue to increase, according to a recent survey by Thomson Reuters Accelus of more than 600 global compliance officers. Here are the findings.
The industry regulator slapped LPL Financial with a $950,000 fine on Monday, alleging the broker-dealer failed to adequately supervise sales of non-traded REITs and other alternative investment products.
Independent brokers at smaller firms are more satisfied than advisors at larger brokerages, according to Wealthmanagement.com's Independent Broker/Dealer Report Card. Unfortunately, it's the smaller firms that are fast disappearing.
Wells Fargo Advisors filled another spot on the expanded financial services leadership team on Wednesday, promoting longtime insider Bob Vorlop to head up the newly created Products and Advice division.