Practice

Advisors have the right and should be concerned about using social media. If you have someone in your corner, someone who knows social media and what life is like as an advisors, you should have confidence that you can execute a social media marketing strategy, gain brand awareness, cement relationships with existing clients and gain new ones that will be happy their advisor communicates with them in the medium they like.

The SEC has charged Seattle-area financial advisor, Mark Spangler, with defrauding clients by secretly investing $47.7 million in two start-up companies he co-founded.

The first-of-its-kind program for military veterans, which the St. Louis company is calling FORCES, features enhanced training and mentoring, and structured compensation packaged designed for veterans. It also meets federal requirements for on-the-job training under the G.I. Bill.

Requiring money market fund advisers to hold capital to support their money market funds would fundamentally change the nature of these funds, according to a new study by the Investment Company Institute released today.

There are a growing number of advisor-focused "value-added programs" that fund firms are using to attract top producing and other advisors to sell their wares to investors.

On YouTube, puppet shows are fine for consumers, but to appeal to businesses many banks are taking a more serious tone and putting their own clients in the spotlight.

"Unless the facts are diametrically different from what we've heard, there is no risk from this [$2 billion] loss to depositors or to taxpayers," Rep. Spencer Bachus said. "They remain a very profitable, viable institution."

On May 17, 2012, Denver-based UAT Inc., a financial services technology firm specializing in the externally managed and sub-advised industry, has hired Ken Paieski as a partner.

Bank of the West Wealth Management has hired Scott Cripps to oversee the group’s fiduciary responsibilities to affluent and high-net-worth clients.

Have advisors found a way to beat the system and achieve better search engine rankings?