I did what? | AKodisinghe/iStock/Thinkstock
There’s so much chatter about the flood of cybersecurity threats around financial services firms, and the technology that can hold it at bay, it’s easy to forget most lapses are the result of persona...
The chase never ends. | Medioimages/Photodisc/Valueline/Thinkstock
Wealth management has been a bright spot for investment banks and large institutions over the last few years. But operational challenges are starting to crop up; in fact, t...
With advisors actively mobilized against the Department of Labor’s fiduciary proposal, the Financial Services Institute is now turning its sights to investors with a new initiative that gives consumers a chance to weigh in...
F-Squared Investments, the beleaguered ETF strategist, filed for Chapter 11 bankruptcy protection Wednesday in the U.S. Bankruptcy Court for the District of Delaware. Broadmeadow Capital, a subsidiary of Cedar Capital, will acquire the...
Jeff and Kim Camarda, two Florida-based advisors who filed a lawsuit against the CFP Board in June 2013 after being sanctioned by the organization for calling themselves "fee-only" advisors, are considering an appeal to a U.S...
William Galvin, secretary of the Commonwealth of Massachusetts, sued Securities America on Wednesday, claiming the firm failed to adequately supervise an advisor who used misleading advertising while prospecting elderly clients...
As Craig Iskowitz of the Ezra Group points out, Cerulli research shows investment portfolios managed by financial advisors underperform those they can get through the home office, but yet Rep as Portfolio Manager programs are the fastest growing...
Christopher Flint has stepped down from his role as president of Lincoln Financial’s independent broker/dealer arm to serve as ProEquities’ new president and CEO. ProEquities, an independent b/d in Birmingham, Ala., has about 1,000...
Three years ago, state examiners supplanted the SEC as overseers for thousands of mid-level RIAs, prompting dire warnings of death by inept bureaucracy. What actually happened? These advisors lived to tell the tale.
