The investigation into mutual fund breakpoints shows that investors were consistently overcharged for mutual fund purchases when they should have been discounted.

The mutual fund trading scandals headlines seemed to implicate mutual fund family executives and hedge funds—everybody but individual retail brokers and brokerage management. But a new survey by the SEC charges that brokers with abusive...

CEO Stan O'Neal says the company is accelerating its hiring of financial advisors.

Edward Jones has been hit with a fine of $2.7 million by the NASD, which ruled in an arbitration hearing that one of the firm’s brokers overloaded a client’s account with unsuitable investments on margin. William and Jean Torrence...

Former Smith Barney broker Phil Spartis, who was responsible for overseeing the options exercise program for WorldCom employees, has been cleared of a charge brought against him by the New York Stock Exchange for failure to cooperate with the...

Looking for a way to grow your financial advisory business? Target Hispanics, since as a group, Hispanics are woefully underserved by the financial services industry. With rising incomes and a growing population (now at 40 million), Latinos are...

WASHINGTON, D.C.—Investors angry about mounting evidence of mutual fund trading irregularities have nothing on Raymond James chairman and CEO Tom James. “It’s fraud, plain and simple,” James says of the after-hours and...

A recent SIA conference in Boston was no place for the up-beat, as speakers projected higher costs and declining spreads.

The Financial Planning Association has lamented, along with many of its members, the absence of a specific lobbying organization for independent broker/dealers. The FPA is now trying to do something about it. The Atlanta-based trade group has...

50 Heavy Hitters Singled-Out in Annual Advisor Survey Represent $75 Billion in Assets Under Management New York, NY - September 15, 2003 - What does it take to be the best? PRIMEDIA's Registered Rep. magazine, the source of information for...