by Patrick M. Kelly | Sep 6, 2011 | Financial Advisors, Wall Street
Since last April, Securities America has shed close to 100 financial advisors, and has been bought out by Ladenburg Thalmann Financial Services for $150 million. So, will the remaining advisors remain loyal or jump ship? Well, it appears that Securities America is...
by Patrick M. Kelly | Apr 1, 2011 | FINRA, RIA
There has been a “rumble” since January when the SEC announced that FINRA would soon be regulating RIA’s and fiduciary standards would apply to broker-dealers. Most of the RIA’s seem pleased about a uniform standard of conduct, but cautionary about the prospect of...
by Patrick M. Kelly | Feb 11, 2011 | Economy
The continuing devaluation of Chinese currency is bound to have large-scale effects on the American consumer. As our economy has shifted towards a service-based one, we have outsourced almost all production to China, Japan, Taiwan, and Latin American countries. As...
by Patrick M. Kelly | Nov 4, 2010 | Economy
Although, high net worth clients say they are recovering their losses from recent years, they are still concerned about their financial future. After the recent election, investors feel the economy is looking brighter, but there is still cause for concern. There are...
by Patrick M. Kelly | Oct 26, 2010 | Financial Advisors, Financial Services Industry
The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed in July by President Obama. This will require most financial advisors who have up to $100 Million in assets under management to register through the state instead of the SEC. Previously, advisors...
