The Assets: Investment strategies
-
February 11, 2019Maryland Introduces Legislation for a State Fiduciary RuleA bill in the state senate proposes to hold insurance agents as well as advisors and brokers to the fiduciary standard.No Comments
-
February 8, 2019Ex-Merrill Lynch FA Fired and Barred Over Bypassing Internal ControlsThe advisor allegedly tried to circumvent the firm’s restrictions on the amount of Class B mutual fund shares a client can own.No Comments
-
February 7, 2019Merrill Lynch and UBS Decry Deficits in Specialist DataThe wirehouses are making moves to offer more ESG and SRI options but find data lacking.No Comments
-
February 6, 2019How the 0.1% Lose Their Money, According to Family OfficesSome family office professionals say one of the biggest mistakes the ultra rich make is not trusting their family office enough.No Comments
-
February 6, 2019Merrill Lynch Wins Arbitration Over Manager Claiming $30 Million LossA former manager at the wirehouse claimed losses in his account were a result of the firm’s allegedly fraudulent activities in residential mortgage-backed securities markets.No Comments
-
February 4, 2019New Tax Shelter Rules Might Move Forward Too Late Due to Government ShutdownLawmakers and financial advisors alike are lobbying for greater definition and flexibility in new Opportunity Zone investment program.No Comments
-
February 4, 2019LPL Breakaway Independent Financial Partners Receives Finra Nod for New Broker-DealerFirm hopes to launch broker-dealer by April.No Comments
-
February 1, 2019BoA Extends Merrill Edge Trading Perk to All Five Million Preferred CustomersThe program, launched in a limited capacity in 2014, now applies to all clients of the bank’s loyalty program.No Comments
-
February 1, 2019Dozens of Investment Advisors are Being Pushed to Settle 12b-1 Violation ClaimsIndividual settlements could reach into the millions of dollars.No Comments
-
January 30, 2019Blackstone Lunges for Retail InvestorsThe firm plans to quadruple the $58 billion it manages in its private wealth group.No Comments
