Lawyers: FINRA Still Hasn’t Fixed BrokerCheck

Oct 21, 2016

Flawed. A 2014 report from the Public Investors Arbitration Bar Association (PIABA) criticized FINRA’s BrokerCheck system for not including information available from many state securities agencies, such as the circumstances behind a broker’s ...

Oct 20, 2016

The clock's ticking. AssetMark launched a new assessment tool on Tuesday that it says will provide advisors with a comprehensive look at how prepared their firm is to comply with the Department of Labor’s pending fiduciary rule. The tool is co...

Hedgeable Releases HNW Robo

Oct 19, 2016

Meet Katana. A common refrain about digital advice technology is that while it may be good for small accounts and new investors, it is unable to handle the needs of a high net worth investor. Hedgeable is trying to change that with Tax Samurai...

Behind the Scenes of the SEC’s Risk-Based Exams

Oct 18, 2016

Screening for risk. | Copyright Chip Somodevilla, Getty Images The Securities and Exchange Commission examines only 10 percent of investment advisors per year, but that doesn’t mean the other 90 percent are not reviewed. “If a fund holds the s...

The Election & Investing

Oct 17, 2016

Resplendent with controversy and mudslinging, this election cycle has chided investors into increasing their cash holdings, says a new survey from BlackRock. More than half of investors have decided to only increase their cash holdings and no...

Millennials Having a Hard Time Cutting the Financial Cord

Oct 14, 2016

Not totally independent yet. | keira01/iStock/Thinkstock Millennials may strive for financial independence, but as a whole, they've been slow to break out on their own. According to Fidelity Investments' Millennial Money Study, nearly half (47...

Scared and Confused

Oct 13, 2016

Scared and confused is how Americans feel about handling their personal finances, says a new report by SmartDollar and Ramsey Solutions. While 26 percent say they are scared and 25 percent feel confused about handling money, only 26 percent o...

Financial Advisors Prefer Trump Over Clinton

Oct 12, 2016

Financial advisors are not fans of Hillary. | Copyright Chip Somodevilla, Getty Images Consider the source here, but Breitbart.com is reporting on a Woodbridge Wealth survey that 83 percent of financial advisors prefer Donald Trump over Hillar...

Are Americans Really Over-Leveraged?

Oct 11, 2016

While many studies signal a growing debt crisis in America, a new survey of nearly 3,000 U.S. adults indicates that Americans’ debt may not be as big a problem as you’d think. A recent GOBankingRates.com survey found that more than half of U.S...

Fortify Your Workforce for the Future

Oct 10, 2016

PricewaterhouseCoopers predicts major changes coming to the financial services industry by 2020, especially in the makeup of a firm’s workforce and how it is recruited, organized and compensated. With automation replacing the bulk of transact...