Updated Wednesday, July 23, 2014 as of 7:54 AM ET
Raymond James' Custodian Group Picks Up New RIA
Playing matchmaker has paid off for Raymond James' custodial operation, which just brought on a new RIA formed by three recently departed wirehouse advisors.
Raymond James Investment Advisors Division president Bill Van Law announced Wednesday morning that it was picking up the newly formed Emerald Asset Management, with offices in Cary and Rocky Mount, N.C.. The advisory firm was founded in December by a trio of CFAs: Two from Wells Fargo Advisors, James Tharin andClint Sorenson, and Robert Leggett, formerly of UBS.   more »
More in Clearinghouses/ Custodians
In particular, the commission is looking for cases when advisors trade on behalf of clients without written disclosure and consent, or fail to process a trade on the most favorable terms for their clients, says an enforcement division co-chief. more »
Only 42% of couples who have advisors work with them jointly, according to a new Fidelity study. Here's one way to fix the problem. more »
JPMorgan Chase and Goldman Sachs Group, the world’s biggest trading firms, had their revised capital plans for 2013 cleared by the Federal Reserve on Monday, a month before next year’s submissions are required. more »
The firms have been sanctioned by the SEC for violating the custody rule that requires them to meet certain standards when maintaining custody of their clients’ funds or securities. more »
Fewer RIAs this year are in the mood to sell thanks to stable growth in the markets. more »
The company announced Thursday that Schwab Investment Management would be introducing six new ETFs, weighted by fundamental factors instead of by traditional market capitalization. more »
Washington Wealth Management is continuing its rapid growth -- albeit at a slighter slower pace than its own CEO had forecast. more »
From comedians to industry insiders, find out who Pershing's Mark Tibergien follows on Twitter and how advisors can take advantage of the platform. more »
Advisors must be vigilant about protecting clients from the risk of wire fraud. Pershing's Mark Tibergien offers tips on how advisors can protect clients and themselves from this increasingly common threat. more »
Lists
2014 Summer Reading List for Advisors

Current Issue

The July Issue is now online!


TWITTER
FACEBOOK
LINKEDIN

Industry Events

August 10, 2014 |

September 9, 2014 |

September 17, 2014 |

September 20, 2014 |

September 28, 2014 |

Already a subscriber? Log in here