Tag:
Advisors
Latest Headlines
Latest Headlines
Sophisticated retail platforms vex more advisors
If you talk to investment advisors, they would readily acknowledge that some of their clients probably have some money tucked away in a self-directed account.
Study: Advisory SROs prohibitively expensive
One of the great unanswered financial reform question remains this: Who will oversee the registered investment advisory industry? Three options have emerged: Expanding Finra to provide oversight of
Morgan Stanley brokers to begin using Twitter, LinkedIn
For all the hoopla over the current mini-boom in social media company IPOs, the fact remains that Wall Street is not yet super comfortable with the movement. Many firms still ban employees from using
Merrill Lynch to better train novices
Bank of America Merrill Lynch seems bent on creating a stronger, more laden crop of young brokers. This seems like an inevitable way to grow your ranks, as recruiting fully formed brokers has proven
Are branch managers expendable?
If you talk to hardcore wirehouse stock brokers about their branch managers, you might hear some condescending talk about how the guy--they are invariably guys--is freeloading off the big producers
An SRO for advisors
Since the big battle over a possible fiduciary standard for traditional stock brokers has broken out, it's been said repeatedly that RIAs lack a natural regulator. The SEC is not up to the task right
The jury is still out on Sallie Krawcheck
Sallie Krawcheck is no stranger to big challenges. But is the Bank of America Merrill Lynch brokerage behemoth too much for her? Is it too much for any individual? Is the combined firm so unwieldy
Bank of America says no garden leave policy for Merrill brokers
Bank of America ( NYSE: BAC ) recently generated headlines when it decreed that advisors at its U.S. Trust wealth-management business would be subject to a new "garden leave" policy requiring them to
Can the SEC really oversee RIAs?
Forgotten somewhat amid the hubbub over the fiduciary standard proposal from the SEC was a related issue: Whether the SEC has the resources and expertise to oversee the burgeoning registered
