Welcome to Financial Advisor IQ

January 10, 2019

Merrill Lynch Clients Are Losing Stock Holdings, Plaintiff Lawyer Claims
When account addresses aren’t updated, the shares could end up in state coffers.
Morgan Stanley Alumni Doug Ketterer's Atria Buys $13 Billion Indie Broker-Dealer
NEXT Financial Group works with more than 500 independent advisors.
Wells Fargo: Millionaires' Children Lack Financial Literacy But Not Zeal for Wealth Planning
The progeny of wealthy clients often give themselves mediocre grades in financial literacy.
Focus Financial Adds $658 Million RIA
Focus partner has also added a multifamily office in Los Angeles.
To Stay on SEC’s Good Side, FA Practices Need to Monitor Online Communications
A recent risk alert from the regulator says companies must monitor social media and ensure compliance in the use of personal electronics.
Despite Shutdown, IRS Will Issue Tax Refunds
Agency wasn’t permitted to do so during previous shutdowns but isn’t likely to be challenged this time.
RIA Clients’ Appetite for Hedge Funds Falls in Favor of ESG and Cannabis Investing
And increasingly more clients are interested in cryptocurrencies.