Just when the industry thought it didn’t have to worry about the DOL, the agency has made it clear that its fiduciary standard is imminent. For registered reps and RIAs alike, it could change the game.
In its annual regulatory and examination priorities letter released today, FINRA said it will focus on brokers who leave "problematic" firms. FINRA will also be cracking down on firms that hire high-risk advisors....More
In April 2012, FINRA released Regulatory Notice 12-18, which features the Authority's proposed overhaul of the broker expungement process. The overhaul applies primarily to brokers whom customers do not name as defendants to their FINRA lawsuits....More
Just when the industry thought it didn’t have to worry about the DOL, the agency has made it clear that its fiduciary standard is imminent. For registered reps and RIAs alike, it could change the game....More
If you are a retail financial advisor (independent, RIA-affiliated, wirehouse --- it doesn't matter where you sit), please contact me or any of WealthManagement.com and REP. staffers. We are searching for candidates to receive our 33rd annual Advisors with Heart Awards. The award and profiles (and how-to incorporate philanthropic advice into your practices) will appear in the May issue, both in print and online. ...More
Yes, I am reaching back into the archives on this argument, but the point is still valid: If you have clients who are expecting their DB plans to come through during retirement or, heaven forbid, rely upon social security, whew!...More
We surveyed a total of 2,649 advisors across 22 brokerages to get their views on the industry and what they think about the firms they work with. Browse the articles and galleries in this special section to see who makes the grade.