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June 13, 2019

Merrill Lynch Counting on a Boost in Household Clients This Year
Two years ago, the wirehouse introduced compensation changes that rewarded FAs for adding household clients and punished them if they failed to do so
Records of Current and Former Morgan Stanley FAs Accused of Negligent Supervision Expunged
Arbitration panel says the claim is factually impossible, clearly erroneous and false.
Merrill Lynch FAs Receive $3M Whistleblower Award Over Structured Notes Sales
The wirehouse paid a $10 million fine in 2016 over the sales of the product.
Sponsored Webcast
Archive: Danger: Compliance Risks for Advisors and How to Turn them into Opportunities
Satisfying compliance requirements adds steps and time to simple tasks, but financial advisors know they can’t risk skipping any of them. This webcast, sponsored by Seismic, discusses how smart processes can help advisors turn these requirements into opportunities to stand out among their peers.
Morgan Stanley Goes After FA Who Left for RBC Wealth
The wirehouse alleges that Benjamin Joel had misappropriated trade secrets.
The Problem of Aging Advisors is an Opportunity for Some
Some advisors are targeting the client accounts of retiring advisors.
Why So Few Women Opt for Independence — and How More Could
The attributes that make a good financial advisor may be keeping female advisors from taking the plunge.
Most Advisors Believe Clients Value Financial Planning Over Portfolio Performance
And 85% of advisors use model portfolios to allow more time for financial planning.
ETFs Remain the Most Popular Investment Vehicle Among Advisors
Clients, meanwhile, are curious about cannabis securities but are growing less interested in cryptocurrencies.