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CFP professionals overwhelmingly value the certification: 92% say they are very satisfied with their decision to pursue it, and 97% chose to retain their certification last year.
October 16
CFP Board -
Stifel Financial brings in a veteran Morgan Stanley advisor for a newly created client office in West Chester, Pa.
October 16 -
The bank's asset management group generated $411 million in third-quarter revenue, outpacing all other sources of fee income to the bank.
October 16 -
Ameriprise and one of its advisors were fined by FINRA after an investigation revealed the advisor doctored client documents and the firm kept quiet about the changes.
October 15 -
A community bank in Massachusetts has opened a branch that's a microcosm of forward-looking trends in retail bank design. Emphasis on the "micro" part.
October 15 -
The SEC plans an enforcement action against a former Wells Fargo compliance officer for altering report.
October 15 -
The SEC has yet to produce or even propose any binding rules regarding cybersecurity, but officials have been sending strong signals that they expect firms of all sizes to put in place policies and procedures to protect sensitive information.
October 15
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Waddell & Reed picked up an advisor from rival Edward Jones.
October 15 -
Bank of America said wealth management profits were up 13% year-over-year and reported an increase in its advisor ranks. The company reported that profits for its Global Wealth & Investment Management division, or GWIM, which includes Merrill Lynch and U.S. Trust, increased to $813 million for the third quarter from $720 million a year ago.
October 15 -
UBS has agreed to compensate 34 Puerto Rico-based investors for their losses in investments in their municipal bond closed ended funds.
October 15
