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Today's Headlines

Morgan Stanley Lawsuit Might Force More Customer Disputes Into Arbitration
The wirehouse is trying to force someone to arbitrate a claim that has nothing to do with their accounts, merely because they were a customer.
Why Advisors Left Wirehouses for B-Ds and Independents
Yes, it was for the money ... but for so much more than that.
Mercer Advisors Acquires Yet Another Firm
Ann Arbor-based Arbor Asset Management oversees around $350 million.
SEC’s Regulation Best Interest Slammed as "Misleading"
“Best interest” and “fiduciary” aren’t equal, the National Association of Personal Financial Advisors says.
Mather Group Snags Another Billion-Dollar Practice and Launches Family Office
The acquisition in Illinois also marks the official launch of the Mather Group’s family office.
B-D and Transfer Agent Charged in Alleged Microcap Fraud
Spartan Securities Group and Island Capital Management were allegedly involved in the sale of stock in sham companies.
Here's What's Most Important for Millennials Seeking Financial Advice
They’re less concerned about fee-based fiduciary standards than previous generations.