Brokers and firms could see a regulatory proposal on FINRA's planned Comprehensive Automated Risk Data System (CARDS) initiative as early as next month. And while there are still concerns about the regulator's ability to secure the...
The Financial Services Institute is rolling out a new benefit to its members, term life and long-term disability insurance for about $250 a month for the average 50-year-old advisor.
In an effort to retain and grow its 37,000 advisor membership ...
While many had already joined the recent exodus of investors from PIMCO funds, some financial advisors said they could see investors pulling more money from the bond shop following the news this morning that Bill Gross would leave PIMCO after 43...
Do you know all you need to know about the brokers who work for your firm? Would you know if any of them have a criminal record, or have left a trail of customer complaints at firms they’ve worked for before...
San Diego, Calif.-based Lucia Capital Group has acquired the client relationships of a $170 million RIA firm, West Coast Asset Management, with the help of Derek Bruton, the former head of LPL Financial’s independent advisor services and...
• Tax Court refuses Internal Revenue Service motions for summary judgment on valuation of 100 percent limited liability company (LLC) interest for income tax charitable deduction—In RERI Holdings I, LLC v. Commissioner, 143 T.C. No. 3...
