The Financial Industry Regulatory Authority said Monday that it would give firms more flexibility in supervising employees working remotely and in relocating personnel to temporary locations.

Conversant Wealth Management has $255 million in client assets and will be Sanctuary's fourth firm based in California.

Videoconferencing may gain new importance to advisors and clients as the coronavirus leads to quarantines, remote working and self-isolation.

Hardwick, who currently serves as chairman of Riskalyze, will lend her expertise in wealth management technology to work closely with Genstar’s financial services investments.

'The relevance of the CFP Board, to consumers, has been substantially diminished,' read a letter from the Committee for the Fiduciary Standard.

Failing Teachers

'As the only remaining custodian that does not compete with advisors for retail assets, we are setting a standard for transparency and how custodians should engage with advisory firms,' CEO Jim Crowley said.

In a report released Thursday, Democratic lawmakers criticized not just Wells Fargo but its regulators' responses to the megabank's predatory practices.