Advicent's Naviplan software will broaden advisers' view of client financial picture.
Differentiating themselves from brokers would be easier now that debate has raised investor awareness of the role of a fiduciary
CEO says he got the idea by talking to firms during a "listening tour" shortly after taking over the reins of the securities industry regulator.
Connecticut adviser John W. Rafal obtained a new client with accounts in excess of $100 million, and agreed to pay the referring attorney $50,000 annually from the advisory fees paid, according to the SEC.
The regulator makes it a top priority for 2017, establishing an exam unit to ferret out rogue brokers and scrutinizing how firms supervise them.
Unlimited investment changes among the enhancements lawmakers seeking in new measure
The rules, which include having written policies and procedures and a designated chief information security officer, could become a model for other states.
Clients want us to spend less time talking about money and more time discussing their lives.
Says wirehouse overbilled investment advisory clients due to coding and other billing system errors.
That rule is intended to safeguard clients' cash and securities so they can be promptly returned should the broker-dealer fail.
From filling the SEC to renewing bills addressing accredited investor status and elder financial abuse, legislators shouldn't forget past priorities.
Many advisers think E&O is enough, but these policies target the wayward web.
The phishing scheme involves cybercriminals posing as individuals looking for help with tax preparation.
Agency provides a litany of questions for consumers as well as FAQs on technical compliance for advisers. <i><b>(More: <a href=""" target=""_blank"" rel="noopener noreferrer">Want to see additional questions? Check out InvestmentNews' list</a>)</i></b>
The addition reflects regulators' concerns about potential investor risk posed by automated-advice services.
Females in RIA channels especially coming up short
If the next generations don't want to retire, they may develop an opinion that advisers are not for them.
