by Patrick M. Kelly | Dec 26, 2012 | FINRA
Financial advisors are to be relieved of some of their burden in interpreting the FINRA Rule 2111 known as the “Suitability Rule” passed by the Securities and Exchange Commission in November of 2010 and effective in June of this year. The Rule outlines the...
by Patrick M. Kelly | Nov 19, 2012 | Financial Advisors, Financial Recruiting Industry, Financial Services Industry
As regulations tighten around Wall Street firms, we’re seeing more financial advisors being terminated for offenses which in the past may have been handled with a simple reprimand. Termination need not be a “career buster,” but certain steps need to be put into action...
by Patrick M. Kelly | Oct 26, 2012 | Financial Advisors
The CFP Board of Standards will not subject financial advisors who have declared bankruptcy to disciplinary proceedings. Under the new rules, approved by the Board of Directors, CFP Board will no longer investigate, and the Disciplinary and Ethics Commission will no...
by Patrick M. Kelly | Oct 12, 2012 | Financial Services Industry, Job Market
Merrill appears to be intent to grab as many top Morgan Stanley financial advisors as possible, even arming their managers with lists of advisors to target, according to The Wall Street Journal on Oct 2, 2012. (With offers as high as $1. 5 million upfront not...
by Patrick M. Kelly | Oct 2, 2012 | Wall Street
Founded in 1979, with primary offices in Woodside and San Mateo, California and Camas, Washington, along with a subsidiary in London, Fisher Investments is one of the largest independent investment advisors with billions of dollars under management. Founder and CEO...
