New Ensemble Practice Study: ‘We Have a Growth Problem’
Advisory firms grew 5.7% last year, according to a new study by The Ensemble Practice. It’s a wakeup call for firms to make marketing a vital function.
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FINRA Fines Raymond James $1.9M Over Client Complaint Reporting
According to the settlement letter, the brokerage regulator argued Raymond James didn’t properly check that personnel were filling out forms to ensure that written customer complaints were submitted to FINRA…
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Warren Presses Wall Street Regulator to Explain Decline in Enforcement Actions
Fines levied by the Financial Industry Regulatory Authority have dwindled to half their recent levels.
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Merrill Pays $3M To Settle FINRA Claims Of Poor Trading Surveillance
The firm relied on “third-party automated surveillances” to check for potentially manipulative wash and prearranged trading which had overly narrow parameters, according to FINRA.
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The Diamond Podcast for Advisors: Marketing Tips from a CMO
Gordon “Gordy” Abel from Dynasty Financial Partners offers perspectives on why marketing matters, how to create and leverage a brand, the key aspects of an effective value proposition and more.
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Morningstar Grapples with What Investors Value in a Financial Advisor
The new study combines years of research to gauge what clients value most and what areas advisors can focus on in strengthening relationships.
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Adjusted for Risk: Growth Investing as a Condition, Rather Than a Category
Silvant Capital Management's CIO and Managing Partner Michael Sansoterra opens up about why he believes growth investing is a condition, not a category.
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How Fast-Growing RIAs Implement Ancillary Services
Think of these services as different specialties within a high-end restaurant.
Read Full RecipeRaymond James Facing Two Lawsuits Over Cash Sweep Program
Two investors filed suits this week against the brokerage, claiming the Raymond James Bank Deposit Program benefitted the company at the expense of customers.
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Treasury Department Finalizes Anti-Money-Laundering Rule for RIAs
The Investment Adviser Association argues the rule was “adopted largely as proposed” and is “too prescriptive.”
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