Sean Allocca is a former associate editor of Financial Planning.
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Bruce Keebeck Lee has repeatedly been ranked as a top advisor by both Barron’s and The Financial Times, but he was fired in April for a failure to file compliance paperwork.
By Sean AlloccaJuly 13 -
Hedgeable's decision to cease operating its automated investing platform may say more about the state of fintech funding than the robo business model, an industry observer says.
By Sean AlloccaJuly 12 -
Investable assets in digital channels are projected to top $4 trillion by 2022, according to research.
By Sean AlloccaJuly 11 -
The future of wealth management melds technology with a human touch, but firms will face challenges.
By Sean AlloccaJuly 10 -
The wirehouse has lost at least 123 advisors managing $15.7 billion in client assets year-to-date, according to other firms’ hiring announcements.
By Sean AlloccaJuly 9 -
Older clients have more assets, but younger investors are leading the digital charge.
By Sean AlloccaJuly 6 -
DaRayl Davis spent client funds on a luxury mansion, theater tickets and car rentals, federal prosecutors say.
By Sean AlloccaJune 29 -
Former San Diego Chargers guard Kris Dielman says the independent broker dealer failed to supervise his former advisor.
By Sean AlloccaJune 27 -
Advisors recommended that clients sell positions in complex structured products to rack up fees, says the regulator.
By Sean AlloccaJune 26 -
The firm arranged to make transactions differently on the days that it was required to calculate its reserve deposits, the regulator says.
By Sean AlloccaJune 22