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After RIA private equity hot-shot Genstar's $1.7 billion purchase of ugly duckling Cetera, Robert Moore plans to take on LPL--not with acquisitions, but a recruitment storm
Genstar bought a majority share in Cetera in July for a rumored $1.7 billion; now Genstar MD Tony Salewski and ex-LPL President... Read more » UBS Gives U.S. Wealth Managers Recruiting Pep Talk
Emphasize the “big numbers” large producers can earn over a long UBS career and the “unrealistic” sales targets that competitors set when... Read more »Wells Fargo loses $161 million team to Ameriprise
John Burg and Tamara Colon of Temecula, Calif., join employee unit.... Read more »- The U.S. Securities and Exchange Commission said two investment firms and an underwriter settled charges of conspiring to make quick profits by... Read more »
- Agency says Core Performance Management and RMR Asset Management Co. misrepresented their identities to snap up newly issued bonds.... Read more »
- Massachusetts regulator says broker was in debt and facing foreclosure on his home.... Read more »
- Despite death of DOL fiduciary rule, regulators continue to look at rollover advice from advisers.... Read more »
- Facing stiff competition from U.S. tech giants, fintechs find greener pastures overseas.... Read more »
- Clients were forced to pay fees in addition to the usual wrap charges, the regulator maintains.... Read more »
- Read Ron Kruszewski's Letter to the SEC Read More The post For Advisors, Stifel’s Actions Speak Louder Than Words appeared first on AdvisorHub.... Read more »
- Dairy farmer clients' $1.5 million portfolio incurred $1.3 million in trading costs, but will they be able to collect?... Read more »
- Rush to take benefits due to illness may not be the best move.... Read more »
- After beating wirehouse’s demand to have him repay almost $2 million of forgivable loans 20 months ago, a fired Minnesota advisor wins... Read more »
- A payments provider that gets 5 percent as much revenue as Deutsche Bank AG is now worth more than the German lender... Read more »
- Bank of America Merrill Lynch survey suggests bull run approaching peak, while survey respondents cite a trade war as biggest risk... Read more »
- JPMorgan Chase & Co. retail clients who don’t live in the U.S. will no longer be able to keep investment accounts as... Read more »
- Top stories from around the web. Read More The post Morning Brief: Turkey Contagion Hits Banks, Energy Companies appeared first on AdvisorHub.... Read more »
As a Professional Fiduciary, You Must Never Do Any of These 7 Things
We want to focus on the type of “nevers” that, in the heat of the moment or humdrum routine of everyday life,... Read more »- Foreign investors are returning to Malaysia after the surprise victory of Prime Minister Mahathir Mohamad.... Read more »
- Takeover of Sarasota, Fla.-based firm will push assets served by AssetMark over $50 billion.... Read more »
NEWS
3 Signs You’re Barking Up the Wrong Tree with Your MarketingIt’s been said that the definition of insanity doing the same thing over and over again and expecting different results. Are you... Read more »
#FASuccess Ep 085: Boosting Firm Productivity With A Financial Planning Resident Program With Elissa Buie![]()
Welcome, everyone. Welcome to the 85th episode of the “Financial Advisor Success” podcast. My guest on today’s podcast is Elissa Buie. Elissa... Read more »George Orwell’s writing rules and financial writing
George Orwell proposes five rules for writing that will benefit any financial writer. Here they are, excerpted from his essay, “Politics and... Read more »- From Planning Analyst To Financial Planner: It’s Not How You Start That Matters, It’s How You Improve
As the average age of a financial advisor remains 50-something and rising, along with it is a rising need to not only... Read more »
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Can you spot what’s wrong in the image below? Please post your answer as a comment. I think someone forgot to proofread... Read more »- Weekend Reading for Financial Planners (August 11-12)
Enjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with the news that the IRS has... Read more »
- Why CPAs Are A Growing Competitive Threat to Financial Advisors
Over the past few years, advisors have worried mightily about the threat posed by the rise of the so-called robo-advisors. However, as... Read more »
- Disrupting Distribution: How Financial Planners Can Take Advantage of The Golden Age of Distribution Back when “Will and Grace” was first broadcast by NBC back in 2006, there were only three ways that someone could catch... Read more »
SEC Publishes Risk Alert Detailing the Most Common Advisory Fee and Expense Compliance Deficiencies
On April 12, 2018, the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations published a Risk Alert “providing a list... Read more »Congressman Indicted on Insider Trading Charges
New York Republican Rep. Chris Collins has been charged with securities fraud, wire fraud and false statements, the Justice Department announced Wednesday.Collins,... Read more »
The Securities and Exchange Commission today announced that it has updated its list of unregistered firms that use misleading information to primarily... Read more »
- RUFADAA And The Importance of Digital Estate Planning
Over the past several years, the rise of the Federal estate tax exemption has dramatically reduced the scope of “traditional” estate planning,... Read more »
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Recidivist Charged in Stock Manipulation SchemeAn individual has been charged with manipulating the stocks of three microcap companies while on supervised release... Read more »- Taking Control of Your BusinessMore and more people seem to describe life today as feeling like the roller coaster ride that never ends. Between political polarization,... Read more »
- Last month three registered investment advisers settled with the Securities and Exchange Commission over charges they violated the pay-to-play rule, Investment Advisers... Read more »
A Proper Interpretation of the Investment Advisers Act's Fiduciary Standard
