by Patrick M. Kelly | Mar 26, 2014 | Financial Services Industry
Financial advisors are failing to give clients the bottom-line fee disclosures they want.[pullquote]81% of clients said they were looking for an approximate calculation of fees based on their portfolio[/pullquote] According to a recent survey of 250 advisors and...
by Patrick M. Kelly | Mar 13, 2014 | Training Programs
Raymond James & Associates recently introduced a new training program to turn its registered service associates into financial advisors. The company hopes to build a pipeline of new financial advisors to replace retiring veterans and to further diversify its...
by Patrick M. Kelly | Mar 10, 2014 | Financial Recruiting Industry
[pullquote]Interesting times…[/pullquote] “2013 was a great year for the wealth management industry, and comp packages are more or less increasing across the board.” “That said, it won’t surprise anyone to learn that the rich are still getting richer—meaning...
by Patrick M. Kelly | Feb 28, 2014 | Broker-Dealers, Financial Advisors, SEC
“The agency will ‘intensify’ its focus on the role of financial advisors in 2014,” agency chairwoman Mary Jo White emphasized in a speech Friday morning, February 21 .[pullquote]The agency will ‘intensify’ its focus on the role of financial advisors in...
by Patrick M. Kelly | Feb 25, 2014 | Financial Advisors, FINRA
FINRA’s board of governors approved a rule proposal on Thursday, February 14, that would impose new limits on financial advisors’ ability to remove information about customer disputes from BrokerCheck, the regulator’s online portal where investors...
