Charlotte: "I've yet to find the perfect practice management system," explained Wally, "We have spent more money than I like to think about, and our business has been flat for the last three years—and now we're down."
In the first case of its kind, the SEC announced today that it has charged two individual financial advisors with fraud related to the sale of more than $1 billion in auction-rate securities.
Ameriprise tightened its corner on the mass-affluent market with its purchase of H&R Block Financial Advisors (HRBFA) in August. Much of the financial advisory industry has long looked down its nose at Ameriprise's down-market approach. But...