The continuing case involves marketing material on a website cited by an investor and an online agreement form cited by the wirehouse.
December 2, 2019
RIAs with multiple brokerages and custodians are keeping their options open in case the Charles Schwab and TD Ameritrade integration turns out to be too disruptive.
The zero commissions trend is expected to impact certain transaction-related fees, but not materially.
Massachusetts Secretary of the Commonwealth William Galvin says the move is to make up for the failure of the SEC’s Regulation Best Interest to provide investors with the protections they need against conflicts of interest in the financial industry.
The company fired Michael Severance over allegations that he failed to notify it about a bill-pay service he ran for a client and a gift from the client to Severance’s son.
The arbitrators also called the customer dispute allegations “overstated.”
Richard Austin has joined Raymond James & Associates in Alabama.
Liz Ann Sonders, senior vice-president and chief investment strategist at Charles Schwab, outlines what advisors should focus on when helping their clients make investment decisions based on economic indicators.
CI Financial Corp. has acquired Surevest Wealth Management for an undisclosed sum.
David Pintaric has formed William R. Pintaric & Associates in Ohio.