Dan Jamieson
Dan was Senior Editor at InvestmentNews from 2005 to 2013, before moving on to become Editor at large for Financial Advisor magazine. Check out his video bio here. Connect with him at LinkedIn here.
Top wirehouse brokers snub indie broker-dealers
Despite all the hoopla about breakaway brokers, most of the wirehouse representatives going to independent broker-dealers are relatively low producers who fit the B-Ds' packaged-product and fee-based model.
Schwab reverses course on alternatives
The Charles Schwab Corp. has reversed course and will allow advisers to hold in custody additional alternative investments.
Is liability issue brokers’ straw man?
If investor claims continue to be arbitrated, a universal rule may cost firms little
Goldman, Stanford highlight disclosure problems, some say
The SEC’s lawsuit against Goldman Sachs’ broker-dealer unit and recent revelations about fraud at Stanford Financial Group show…
Wells Fargo loses another raiding case to Stifel Nicolaus
Wells Fargo Advisors LLC has been ordered to pay $948,000 in legal fees and costs to Stifel Nicolaus & Co. Inc. and a former branch manager after it lost a dispute with Stifel involving the hiring of four brokers from A.G. Edwards.
Citi vows repayment over class action
After winning dismissal last month of a class action brought by six former Smith Barney brokers, Citigroup Inc. is vowing to go after the brokers for legal fees.
Wall Street bigs asked to sign off on fiduciary duty
The Committee for the Fiduciary Standard takes a different tack in its bid to eliminate the broker-dealer exclusion
Facebook’s user data policy could be liability for advisers
Advisers who use Facebook would be wise to pay attention to the latest dust-up over the social-networking site's privacy policy.
More breakaway brokers joining established RIAs, says Schwab
Of the 172 new adviser teams that joined Schwab in 2009, fully 42% went to existing RIAs. That's a big change from previous years
YieldPlus investors seeking nearly $900M in damages from Schwab
Online brokerage also facing a welter of arbitration claims over bond fund implosion
