Q: I've been a Morgan Stanley registered rep for 19 years. Lately, with the new push on account fees for everything, sometimes clients don't pay. Firms charge the broker for the fee and deduct it from the broker's paycheck. By law, I'm not allowed...
With scandals continuing to dominate the news and broker/dealers under more fire from the investing public, it come as little surprise that arbitration figures rose again in 2003. According to the NASD, 2003 brought more arbitrations than any year...
Creating a high-performing wealth management team requires a significant amount of good old subjective judgment, but that doesn't mean objective measures are of no use. In fact, through our ongoing research into what makes for successful advisory...
Hydie Sumner, one of the remaining 50 or so registered reps who sued Merrill Lynch for gender discrimination, is expected to hear a decision from an arbitration panel within the next few weeks. Among remedies to her claims proposed by her lawyers...