Practice Management

There's nothing "turnkey" about building a business that can thrive for decades to come.

The regulatory agency said three Cetera broker/dealers had previously been told by the SEC of the failures to properly supervise certain transactions of dually registered representatives, but they failed to set up systems for properly doing so.

A new survey by SmartAsset reveals that the most popular gift advisors plan to give clients this year is food or festive baskets, although many plan to opt for more personalized holiday gifts.

Daryll D. Claxton of Havertown, Pa., is currently in jail, facing charges on more than 50 felony counts, primarily related to child pornography.

Advisors sometimes need to be gently reminded to look at the big picture when it comes to client finances—including debt and financing—both sides of the balance sheet.

The SEC alleges CapWealth failed to disclose lower-cost share class options to its clients. But the RIA's founder calls the complaint "a shameful exercise and an abuse of power.”

A highly personalized approach will require more research and work, but it's much more enjoyable and will keep your reputation intact.