Former Western Asset Management co-Chief Investment Officer Ken Leech was charged with engaging in an alleged “cherry-picking” trading scheme.
We’ve updated our responsible data use commitments
We use data to create innovative products and features for our customers. These help small businesses save time and make better decisions, and give advisors the information they need to help their clients thrive. Data is critical to innovation, and the opportunities to put it to work for the benefit of our customers are exciting. […]
FCA reveals crypto plans as ownership climbs 20%
The FCA has published an indicative roadmap of key dates for the development and introduction of the UK’s crypto regime as new research revealed crypto ownership has risen 20%.
A 3-Step Sales Process To Clearly Demonstrate Financial Planning Value To Prospects
Over the past decade, a growing number of advisors have expanded into offering comprehensive financial planning services, reflecting a shift that not only helps them stand out from (increasingly commoditized) portfolio management offerings but also supports clients’ broader financial goals. However, comprehensive planning is an intangible service, which can make it challenging for advisors to […]
With Gensler exiting, SEC hits $8.2B record for fines
The bulk of the haul came from the bankrupt crypto company Terraform Labs. But Morgan Stanley, LPL Financial, Ameriprise and other big firms also came under scrutiny.
FINRA dealt blow by court in its power to expel brokerages
FINRA must let the SEC weigh in before it can cast out one of its members, a three-judge panel of the U.S. Court of Appeals for the District of Columbia found.
Clients want more from financial services apps, websites
Experts say firms that seek to serve technology-savvy clients would do well to provide the digital tools they desire.
Weekend Reading For Financial Planners (November 23–24)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that amidst a rare change in leadership at Charles Schwab, the outgoing and incoming CEOs hinted at relatively minor changes during remarks for advisors at its annual IMPACT conference this week, including an increased focus on […]
IHT receipts set to hit £8.5bn this year
Inheritance tax (IHT) receipts are on course to be around 40% higher than three years ago following the first seven months of official data for the current tax year.
Platforms Association tops 40 members
Newly-launched trade association The Platforms Association has expanded to 46 members just two months after launching.