Practice

"The bottom-line is to protect investors from advisors who may not have their best interest,” says Jack Waymire, the founder of Paladin Research and Registry. “We’re providing them the process to find out about the advisors they’re thinking of hiring – with a focus on certification, ethics, business practices, and services provided.”

Federal Reserve Board Chairman Ben Bernanke said Wednesday that regulators are making steady progress on a number of critical rules under the Dodd-Frank Act, predicting that several final rules will be released in the coming months.

The House Financial Services Committee on Wednesday approved a slew of bills that would slow the pace of regulatory proceedings to expand advisors' fiduciary responsibilities and relax registration requirements, among other measures.

With FINRA clearly stating its social media guidelines, the question many advisors are asking themselves is this: what do I do now? Luckily, there are three simple steps to avoiding regulatory fines and keeping your advisors actively online.

A targeted examination letter probes firms for detailed information on their social media use as the regulator grows more serious about enforcement.

The mutual-fund industry, in what may be the last round of lobbying against tighter rules for money-market funds, rejected a scaled-back proposal to force only the riskiest funds to give up their stable $1 share price.

It’s no secret that the Investment Company Institute is opposed to proposals by the Securities and Exchange Commission to float the net asset value of money market funds and ICI President and CEO Paul Stevens today reiterated the group’s stance on the SEC’s proposal.

Raymond James announced Wednesday it hired Claire Friedrichs as first vice president of investments.

Less than 52% of financial advisors describe life insurance planning as a successful aspect of their business, but this doesn’t have to be the case. Check out some strategies to make it a core element for you.

One source of an advisor's referability isn’t the advisor at all; it’s their support staff – be it client assistants, receptionists, para-planners, and other associates. Bill Cates says how your staff represents you can be a limiting factor in your referability. Check out some of his thoughts and ideas to help ensure all the members of your team make a positive contribution to your ability to generate referrals