Managing Director for Public Policy and Communications Marilyn Mohrman-Gillis says our survey was flawed and mischaracterizes the sentiments of their members. Here, the full text of the CFP Board's letter, as well as our editor's response....More
FINRA issued a press release in February announcing its approval of a rule that would “prohibit firms and associated person from conditioning settlements of customer disputes on, … an agreement not to oppose a request to expunge information from an associated person’s Central Registration Depository (“CRD”) record.”...More
Once you have seen the competition in action, it is easy to incorporate some of the best ideas into your plans for future. One group that we can learn from is the so-called "robo-advisors," argues SEI Advisor Network's Raef Lee.
If you’re an advisor who is ready to leave a wirehouse, you’ve no doubt been doing your homework about making the transition to the independent space. But here are seven things that you should do before leaving your wirehouse role.
In financial planning, as in life, delaying gratification is often a key to success. Here are three insights from behavioral finance to help your clients find some harmony between the present and the future....More
So far this year, there are fewer ETFs closing up shop, but that doesn’t mean advisors should stop watching. If the Liquidation Watch List is any indication, closures will likely increase in the coming months....More
Explained here are the provisions dealing—directly or indirectly—with charitable remainder trusts, charitable gift annuities, pooled income funds and charitable lead trusts. Warning: Rough going!...More
In 2010, FINRA amended the rules to require information concerning historic customer complaints that previously was not disclosed on a broker’s BrokerCheck record. Three years later, we're still asking why....More
LinkedIn has the ability to be an introduction powerhouse. Letting advisors see “who knows who” and having a business-centric culture – it’s perfect for advisors focused on relationship marketing....More