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June 15, 2018

Here are the Big Flaws in the SEC’s Best Interest Proposal
The identified weaknesses include the ambiguity of best interest, the absence of a requirement for ongoing obligation for broker-dealers, and the potential for more confusion.
How BrokerCheck Source Overhaul Could Cut Your Compliance Costs
Longer-term, Finra plans to revamp the process for completing required submissions.
LPL Wins $330 Million Team from Lincoln Financial
LPL has recruited an advice firm serving $330 million in client assets from Lincoln Financial.
JPMorgan Plans to Bring on 1,000 Private Bankers
The new hires would boost the company’s wealth manager force by close to 40%.
Give Financial Planning its Due
For clients to fully engage with advisors, help them understand the full value of your services.