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Wick Simmons won't be joining Raymond James' board of directors after all. According to Nasdaq spokesperson Andrew MacMillan, Simmons has decided not to pursue the position after Nasdaq determined that it would be a conflict of interest for...
Many “do-it-yourself” investors say a broker’s specialized investment knowledge makes it worthwhile to seek professional help, according to a survey by the Forum for Investor Advice. The survey found that investors who use...
The MiFID II regulations, which take effect in January, seek to police conflicts of interest between managers and brokers and to keep managers from passing on the costs of research to their clients.
Merrill Lynch will break out fees for asset management services, mutual funds, alt investments and commodities when it mails January account statements later this week.
