Dan is a business journalist who previously worked for various local newspapers and industry publications. He also worked for two years in Beijing as an editor at China Daily. A graduate of the University of Missouri-Columbia, he has written about banking, local governments and the legal profession, among other subjects. He now covers how politics, policy and regulation affect the financial planning industry.
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The U.S. Chamber of Commerce and other business groups contend the Federal Trade Commission has exceeded its authority in nullifying contracts that prohibit employees from switching jobs to competitors.
By Dan ShawApril 24 -
Caz Craffy admitted to taking nearly $10 million entrusted to him by Gold Star families and using it for excessive trades through outside brokerage firms.
By Dan ShawApril 23 -
Three advisory teams managing $10 billion in the San Francisco area are among an ongoing wave of departures from the biggest U.S. bank.
By Dan ShawApril 22 -
The CEO of the RIA "roll-up" outfit thinks that ongoing industry consolidation doesn't necessarily mean all firms will start to look the same.
By Dan ShawApril 22 -
An industry recruiter said the Bank of America subsidiary has become almost "unhinged" with the amount of money it's willing to offer advisors it's recruiting.
By Dan ShawApril 19 -
The Bank of America wealth management subsidiary joins Morgan Stanley and Wells Fargo in no longer divulging how many financial planners it has on the payroll.
By Dan ShawApril 16 -
The firm's wealth management business saw strong new assets inflows in the first quarter, particularly from its business catering to family offices.
By Dan ShawApril 16 -
Executives say the results show the wisdom of the firm's deliberate decision to focus on high net worth clients.
By Dan ShawApril 15 -
The banking giant nonetheless saw strong growth in net new assets in the first quarter and a 14% jump in returns from asset management fees.
By Dan ShawApril 12 -
An expungement lawyer contends firms have an incentive to tar the reputation of departing brokers in an attempt to retain assets under management.
By Dan ShawApril 11