Fidelity to bump up custody fees for smaller firms
Smaller investment advisers continue to feel the squeeze from custodians. Beginning next year, Fidelity Institutional Wealth Services is…
Finra proxy proposals may never see the light of day
Corporate-governance experts believe that seven proposals designed to make Finra disclose more information and give members a say on executive compensation may never be implemented.
Broker-dealers want action on Finra proxy proposals
Broker-dealers who last week overwhelmingly approved a set of proxy proposals designed to make Finra more transparent now want to see the regulator take action.
State securities cops’ plates may soon be fuller
An additional 4,200 investment advisory firms regulated by the Securities and Exchange Commission will fall under the purview of state regulators if the Senate passes the financial-reform bill.
The new gold standard
Chalk up another hard-earned lesson from the financial crisis: Investors in limited partnerships, the structure of choice for most alternative investments, discovered that giving up liquidity in exchange for higher returns wasn't such a good idea after all.
TD’s Bradley: Broker or adviser – choose one
As the Securities and Exchange Commission wrestles with the task of defining a standard of care for anyone who gives investment advice to retail clients, executives at TD Ameritrade Inc. aren't having a difficult time with the issue.
Hubbub over fiduciary standard underscores growing clout of NAPFA
Planning group went against grain, backed universal standard of care early on; membership way up
Conservative streak helped Canada skirt financial crisis: TD’s Tomczyk
How did Canada avoid the worst of the banking crisis? "Generally speaking, Canadians are more conservative," Fred Tomczyk, president and chief executive of TD Ameritrade Holding Corp., said in an interview Monday.
Buckingham snaps up $400M wealth manager
The Buckingham Family of Financial Services today announced a merger with Wealth Management Consultants LLC.