Practice Management

The regulatory agency for broker/dealers has changed language to make clear that its rule would not apply to recommendations covered by the SEC's rule, which will be implemented on June 30.

The COVID-19 pandemic has highlighted the benefits of planning, with the ensuing market volatility easier to put in perspective when both clients and advisors view it through the lens of a set of future goals. 

If approved by the Senate, Crenshaw would take the seat previously occupied by Robert Jackson Jr., who left the commission earlier this year.

Nearly 40% of LPL’s training program participants have been children of advisors, so the IBD is evolving the offering accordingly.

LPL program highlights the need for continuity planning in wake of an advisor's death. 'Whether on this side of the grave or the other, we never want to leave our clients floundering.'

Advisors are increasingly reluctant to sell during this period of disruption and uncertainty without a greater level of commitment and ongoing support from their firms.