Advisor Business
CFA Institute Creates List Of Integrity Standards On 50th Anniversary Of Its Code Of Conduct
The CFA Institute is raising its standards in light of the lack of trust investors have in our industry as a result of the financial crisis. At its upcoming conference in Chicago, the Institute will unveil a list of 50 steps advisors can take to restore the public trust.
Small Independent Broker-Dealers Are Facing Growth Challenges
Giving advisors what they want in the short term seems to be working against independent broker-dealers (IBDs). IBDs seem to be trying to milk more profit from their existing models when they should be working more closely with advisors to help build their businesses.
CFP® Board Invites Commentary On Its Proposed Sanctions For Policy Violators
The CFP® Board is opening a forum for comment on its newly proposed disciplinary guidelines. These are the guidelines that propose public reprimand or possible revocation of CFP® certification for bankruptcies, breaches of fiduciary duty, violations of continuing educational requirements and other infractions.
SRO Bill Introduced In The House Will Likely Fail In The Senate
The introduction last week of a bill that could make FINRA the industry’s SRO may not matter that much in the scheme of things. This is because the Senate has become known for killing House bills. The bill could sail through the sponsoring Representative’s committee and even gain enough votes to pass on the House floor.
Consolidation In The RIA Business Could Increase Competition For Smaller Firms
The formation of national RIA firms such as the partnership of Savant Capital Management and The Monitor Group are reaching the size and scope to provide serious competition to wirehouses. In the process, they are also increasing competition for smaller RIAs.
More Articles ...
- Chicago-Based MBA And Derivatives Consultant Points To Fraud As Cause Of 2008 Crisis
- It's Not A Merger; It's Not A Buy-Out; It's A Partnership For Growth
- Bill To Make FINRA The SRO For RIAs Reintroduced, Sparking Protest In Some Quarters And Approval In Others
- EF Hutton To Be Relaunched By The End Of 2012
