June 17, 2021
Goldman Lands Steward Partners for RIA Custody Unit
Steward Partners, which has 170 advisors and $23 billion in client assets, is so far the largest client for the unit launched last year.
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June 16, 2021
You Can’t Buy Culture Through FA Recruiting: Merrill Chief
The wirehouse will focus on developing its own advisors, has no plans of ramping up more aggressive recruiting and will selectively recruit advisors in key markets.
Last Comment: June 16, 2021
2 Comments
2 Comments
June 16, 2021
SEC Orders RIA, Rep to Pay $560K Over Sales Charges
Craig Carson allegedly stuck clients with products that came with sales charges even though they were eligible for similar products without the charges.
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June 11, 2021
Clients Want Pricing Clarity, But Many Aren’t Getting It
“Consumer confusion about pricing of financial products and services is an unsustainable industry dynamic,” according to Hearts & Wallets’ CEO.
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June 7, 2021
Citi to Revamp New FA Pay in Hiring Push
The bank also plans to push its wealth management offerings to customers of its commercial bank, Bloomberg reports.
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June 7, 2021
Merrill’s Andy Sieg: FAs Need to Tap Diverse Clients to Succeed
The president of Merrill Lynch Wealth Management says that changing U.S. demographics mean advisors need to find clients among women and minorities.
Last Comment: June 7, 2021
1 Comment
1 Comment
June 7, 2021
SEC Fines Defunct Robo-Advisor $25K over ‘False Marketing’
Emperor Investments allegedly touted an 11-year track record despite operating for less than two years and didn’t disclose payments to bloggers for referrals.
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June 4, 2021
LPL Earns Spot on Fortune 500 with Revenue Gains
The company ranked No. 466 on the list of the largest U.S. companies by revenue.
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June 3, 2021
Edward Jones Wants FA Recruits Who Can Meaningfully Connect with Clients
The firm will look at each location to assess where the biggest opportunities might be.
Last Comment: June 4, 2021
4 Comments
4 Comments
June 1, 2021
SEC, Finra Focusing on Communications with the Public: Lawyer
Transcript Video [ 3:41 ]
Law firm Reed Smith partner John Lukanski shares what he believes Securities and Exchange Commission and Financial Industry Regulatory Authority enforcers are focusing on.
Transcript Video [ 3:41 ]
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