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June 10, 2019
How Submitting False Expenses Gets You in Deeper Trouble Than You Think
More registered reps are being fired for falsifying expenses, typically around meals or car services.
RIAs Urged to Milk Their Fiduciary Status to Differentiate From Brokers
Advisors are urged to use content marketing media – such as newsletters, blogs and social media posts – to highlight their fiduciary status to prospective clients.
Wells Fargo Appoints New Head of Asset Management
Advisor Moves: Wells Fargo, Wedbush Securities, BNY Mellon Wealth Management, and Buckingham Strategic Wealth
UBS Reportedly Hired Just 22 Experienced U.S. FAs in 2019
But those advisors oversaw $10.3 billion, U.S. wealth management head Jason Chandler reportedly said in a call with managers.
UBS, Japan’s Sumitomo Mitsui Trust Form Wealth Management Joint Venture
The joint venture will offer products, investment advice and services beyond what either company is able to deliver on their own, UBS says.
Fidelity to Roll Out New Managed Accounts Platform
The new platform, expected in 2020, will integrate with Fidelity’s current advisor technology platform.
What’s in a Name? Plenty, Says Reg BI Dissenting Commissioner
A study released by SEC Commissioner Robert Jackson Jr. shows advisors who don’t use the words “put clients’ interests first” are more likely to offer conflicted advice.
SEC Chairman Says Reg BI Will Not Stifle Innovation in Brokerage Industry
But the regulation package will require brokers to be “very candid” with their clients, Jay Clayton told CNBC.
|The Client - Finding and winning new clients||The Client - Client retention|
|The Client - ERISA plans/institutional management||The Client - Behavioral finance|