“The SEC is unable to hold bad actors accountable through most enforcement actions, preventing harmed investors from obtaining relief,” said Waters, chairwoman of the House Committee on Financial Services.
Clients' kids want to meet with their parents' financial advisor, yet only 3 percent do so regularly, according to a recent Wells Fargo Private Bank survey. Whose fault is that?
Independent advisors are winning new business from commission-based brokers, self-directed platforms and wirehouse brokerages, according to a new TD Ameritrade Institutional survey.
