JD Power & Associates finds that the strength of the advisor relationship with clients is the biggest factor influencing client opinions of the advisor’s firm and their own portfolios
Deutsche Bank Alex. Brown, the US Private Client Services division of Deutsche Bank Securities Inc. and Deutsche Bank Private Wealth Management, has appointed Shawn Sullivan as a Director and Client Advisor in its Boston office. Sullivan joins the...
Not Approved: The SEC charged Morgan Stanley and one of its investment advisor reps for misleading clients about the money managers being recommended to them and failing to disclose conflicts of interest. According to the SEC, Morgan Stanley...
The recruiting frenzy among regional firms for breakaway wirehouse brokers is still going strong. Robert W. Baird, Commonwealth Financial and RBC Wealth Management announced recruiting coups.
New York Attorney General Andrew Cuomo released a report today on the compensation practices of the banking industry. The title says it all: “No Rhyme or Reason: The ‘Heads I Win, Tails You Lose’ Bank Bonus Culture.”
Do any of your clients have a connection to the Mafia? Brian Hamburger, a lawyer specializing in securities law, says he represents a financial advisor who was threatened by someone claiming to have family in the Mob.
The SEC’s Investor Advisory Committee, which was formed to give investors a greater voice in the SEC, has “agreed upon an ambitious and wide-ranging agenda.” Or so says a press release issued by the SEC today. For more, please go...
