Financial Advisor Blog - Page 73 - Financial Advisor Transitions

Creative Onboarding Questions Advisors Ask To Connect With Clients

January 26th, 2023

Advisors are learning that many clients are not receptive to direct questions concerning money and personal finances.

FTC Proposes Non-Compete Ban

January 25th, 2023

The United States Federal Trade Commission (FTC) has released a proposal to ban non-compete clauses in employment contracts.

Former LPL Advisor Barred For Borrowing $200,000 From Client

January 24th, 2023

According to a Letter of Acceptance, Waiver, and Consent (AWC), the Financial Industry Regulatory Authority (FINRA) has barred an Illinois-based f...

Will The 60/40 Investment Approach Make A Comeback In 2023?

January 23rd, 2023

The traditional investment approach of allocating 60% of a portfolio in stocks and 40% in bonds, with a goal of minimizing portfolio losses, has fa...

Former Rep Suspended For Impersonating Deceased Client

January 20th, 2023

The Financial Industry Regulatory Authority (FINRA) has suspended a former Securities America financial advisor. Kimberly E. Nuessmann is suspended...

RBC Wealth Management Team Onboards $1 Billion In Record Time

January 19th, 2023

RBC Wealth Management has taken steps to expedite the transfer of clients and their accounts for transitioning advisors, according to a recent arti...

2022's Worst-Performing ETFs in the U.S.

January 18th, 2023

Exchange-traded funds (ETFs) that invested in niche categories were among the biggest market losers in 2022.

Stock Hedge Funds Experience Second Year of Losses

January 17th, 2023

In 2020, many tech-heavy hedge funds, including Light Street Capital Management, posted record years. However, 2020 was the last time stock hedge f...

Edward Jones Ordered To Pay $1.1 Million

January 16th, 2023

The Financial Industry Regulatory Authority (FINRA) has ordered Edward Jones to pay a $1.1 million fine to settle a case involving the firm's failu...

Alternative Investment Fundraising Expected to Reach $100 Billion In 2022

January 13th, 2023

Non-traded alternative investments are on pace to raise more than $100 billion in 2022, according to a report by Robert A. Stanger & Co.