October 12, 2020
RayJay Says Its ‘Zen’ FA Training is an Antidote to ‘Salesy’ Approach
The training works for 20-somethings who reject cold-calling sales tactics, but older FAs who no longer want to be perceived as salespeople also appreciate it, the company says.
Who Do Americans Turn to the Most for Financial Guidance? Not FAs.
Many people lack access to trusted, qualified professionals who offer financial guidance, according to the National Financial Educators Council.
SEC to Firms: You Must Report Disciplinary History on Form CRS
The regulator says firms do not have discretion to leave the answer blank or to omit reportable disciplinary history in the Form CRS that's required as part of Regulation Best Interest.
SBA, Treasury Roll Out Simplified PPP Loan Forgiveness
The Small Business Administration and the Department of Treasury say they have streamlined the loan forgiveness process for both borrowers and lenders.
Mercer Advisors Acquires Wealth Management Practice in Louisiana
Personal Financial Advisors oversees around $105 million.
JPMorgan Pledges $30B Toward Promoting Racial Equity
The money will go primarily toward mortgages and affordable housing initiatives in underserved communities.