Financial Advisor Blog - Page 71 - Financial Advisor Transitions

Financial Advisors Increasingly Drawn To Alternative Investment Strategies

November 30th, 2022

A new study by CAIS and Mercer shows that nearly 90% of advisors surveyed plan to increase allocations to alternatives over the next two years.

UBS Compensation Plan to Remain Unchanged

November 29th, 2022

UBS Wealth Management USA informed its advisors that they would not have to undergo another round of compensation changes.

Former J.P. Morgan Advisor Suspended By FINRA

November 28th, 2022

According to a Letter of Acceptance, Waiver, and Consent (AWC), Theodore Serure has agreed to a four-month suspension and a $20,000 fine after borr...

FTX.com Assets Frozen By Bahamas Securities Commission

November 23rd, 2022

The Bahamas Securities Commission has announced that it will freeze FTX Digital Markets assets.

Uproar Results Over Advisor Being Sanctioned by CFP Board

November 22nd, 2022

Advisors are speaking out after one of their own, David R. Nute, a Seattle-based advisor, received a revocation of his Certified Financial Planning...

Morgan Stanley Freezes Accounts Amid Backlog

November 21st, 2022

Morgan Stanley recently informed advisors that they would have to close or freeze several accounts amid a due diligence backlog effective immediate...

Merrill Lynch Announces 2023 Changes To Compensation Plan

November 18th, 2022

Merrill Lynch has decided to break from tradition and raise production and growth hurdles for advisors while decreasing brokerage transactions pay.

Raymond James Launches Network for Veterans

November 17th, 2022

Raymond James's Veteran Financial Advisors Network is the firm's newest initiative to support veterans as they develop their businesses and careers.

IRS Criminal Division Building Hundreds of Crypto Cases

November 16th, 2022

The IRS's Criminal Investigation Division has announced that the department is building hundreds of crypto cases, and many of them will soon be pub...

Lincoln Financial Announces Plans To Rebuild Capital

November 15th, 2022

After incurring a $2.6 billion third-quarter net loss, Lincoln Financial aims to rebuild capital by increasing sales of products that can generate ...