“Everybody is feeling better,” said Scott Welch, senior managing director for Fortigent, the Rockville, Md.-based outsourced wealth management platform provider whose 90 client firms have about $45 billion in assets under management. &...
Of all the categories of conduct that will land a certified financial planner before the CFP Board of Standards’ Disciplinary and Ethics Commission, bankruptcy currently ranks number one. And the number of bankrupt CFPs who come before the...
Creation of a private bank to provide a liquidity backstop for money market funds is one of many solutions being bandied about to ensure the integrity of money market funds in a future market crisis. Financial advisors generally support such a...