The Securities and Exchange Commission hired Julie Zelman Davis as deputy director of the agency's Office of Legislative and Intergovernmental Affairs, where she will serve as a liaison between the Commission and Congress. Prior to joining the SEC...
Regional broker/dealers are raking in wirehouse brokers who like the full-service model, but not the drama unfolding at their Wall Street firms. The recruiting bonanza is changing the economics of a channel that has been shrinking for years
An alleged Ponzi scheme conducted and contained among a few top executives at The Stanford Financial Group was not in the plans for the 200-plus financial advisors who moved their careers and their clients’ fortunes to the firm. Could it...
In our January cover story about how the credit crunch had dampened RIA M&A activity, we said that 20 percent of National Financial Partners' acquired advisory firms were in base deficit; we should have said that 20 percent of acquired earnings...
Some brokerage and RIA firms are on the hook, literally, for their advisors' telephone conversations in particular those with a certain number of reps who've previously worked at firms