Updates From Pershing INSITE

Jun 09, 2016

According to Ben Harrison, the head of business development and relationship management at Pershing Advisor Solutions, advisory assets have grown to almost half of all assets under custody at Pershing. That makes it Pershing’s...

The DOL Fiduciary Rule: Compliance and Managed Account Technology

Jun 09, 2016

With the Department of Labor (DOL) Fiduciary Rule now official, the mood in the industry has progressed from anticipation to “analysis paralysis.” With this new fiduciary standard comes a litany of challenges such as: examining fees and compensat...

Obama Vetoes Resolution to Kill DOL Rule; New Lawsuit Filed

Jun 09, 2016

On Wednesday, the Department of Labor won a victory related to its conflict of interest rule but is also now facing a new challenge to the rule...

When a Quarter Is Worth $35K

Jun 09, 2016

Not any old quarter. A rare quarter minted in 1970 recently sold for $35,000 on online auction site eBay, ABC News is reporting. The quarter was one of a batch made in 1970 that includes a faint misprint on the backside. The batch was printed ...

Dynasty Staffs Up West Coast Biz

Jun 08, 2016

David P. Wiener, a long-time UBS advisor, will join Dynasty Financial Partners, the firm announced. Wiener will serve as Senior Vice President, Director of Network Development – Western Division for the firm...

Beware of Willful Non-Compliance With U.S. Filing and Reporting Requirements

Jun 08, 2016

How to avoid landing in hot water with the IRS

LPL Goes to Washington

Jun 08, 2016

They have new neighbors. | Copyright Alex Wong, Getty Images LPL Financial has opened an office in Washington, D.C., for its government relations team to advocate on issues related to the financial services industry. The team regularly engages...

As US Wealth Slows, Advisors Will Have to Steal Share to Survive

Jun 07, 2016

Private wealth in North America grew a measly 2 percent to $60 trillion in 2015, down from a growth rate of 6 percent in 2014, according to Boston Consulting Group’s Global Wealth 2016: Navigating the New Client Landscape report. One reason for t...