Regulators produced over 3,000 new rules last year, racking up $1.863 trillion in compliance and economic impact costs, according to a new study. Financial regulation alone made up about 18 percent of the rules.
The Dept. of Treasury, Commodity ...
The Rummage Group breaks the industry into firms, models and types. There are about 2,000 broker dealers and over 10,000 RIAs that employ financial advisors. Making up these firms are about 10 models; wirehouses, regional firms...
Going down for the count is never a good thing in any confrontation. But being hit while you are down is far worse. That is precisely what FINRA is attempting to do to its members with the approval of its new rule that prohibits...
A meditation on connection, communication and trusts…
Why does financial planning have a hard time gaining traction in higher education?
FINRA passed new rules Thursday requiring broker-dealers to perform background checks on incoming brokers. But while most of the top firms already screen new recruits, the new rules could force out up to 5 percent of advisors with past issues...
Instead of asking your standard run-of-the-mill questions, help your prospect think through the consequences of action versus inaction
