Practice

“Impacted positions span all staffing grades, as well as organizations and locations across the company," the company says.

The rule unfairly gives brokers a leg up in the marketplace, harming the network’s 1,000 independent advisors, the firm claims.

To correctly identify their risk tolerance, clients must not only understand how to react to risk, but also how the market environment and investment experience have impacted them.

They’re grinding forward with changes, even as complicating factors emerge ahead of when the rule takes effect next year.

Trading venues have clubbed together to attack the latest European effort to curb what they charge clients for data.

Revenue numbers take a back seat to cultural and leadership intangibles when selecting a partner who will preserve your firm's value and carry it into the future.

After an investigation into the self-disclosure of regulatory incidents, the board is looking to strengthen the review process and clear up public confusion.

Elias Herbert Hafen, “every client’s worst nightmare,” could face years in jail. The wirehouse says it is repaying clients.

The firm’s new additions include three brokers previously affiliated with Wells Fargo Advisors.

Even though many of its members weren’t satisfied by the SEC’s rule, NASAA praises the inclusion of a requirement to consider costs in a recommendation.