Jessica Mathews is an associate editor for Financial Planning. Follow her on Twitter at @jessicakmathews.
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Clients overpaid more than $12 million because of operating flaws and coding failures in an automated device advisors relied on for executing mutual fund orders.
November 14 -
Jason Wenk, founder of Altruist, is ramping up for an end-of-year debut.
October 31 -
Strategies may include building out RIA channels and cash sweep programs in efforts to make up for revenue declines.
October 25 -
By slashing fees, custodians are also eliminating special ETF platforms they had spent the past five years building out.
October 22 -
The regulator’s expanding number of share-class cases fill in the details it says have been missing from Form ADV disclosures about conflicts of interest.
October 18 -
Anthony Guadagnino allegedly solicited at least 10 clients after his departure from the retail brokerage.
October 10 -
The low-cost brokerage followed its competitors for retail clients and will offer the new pricing to RIAs in November.
October 10 -
Since this March, almost 100 firms have settled with the regulator for approximately $173 million. Other cases are still pending.
October 8 -
Bill Mahler had been chairman of the firm’s equity capital markets and equity asset management units. He was also on the executive committee.
October 8 -
CFPs aren’t excused from acting as fiduciaries — even if they work at a firm that requires them to recommend proprietary funds.
October 7
