Private Equity Firms Snapping Up IBDs
By John SullivanThese are tough times for the independent broker-dealer space. Pacific Wests announcement in early December that it was discontinuing operations was the latest in a string of similar announcement from small to medium size firms.
January 02, 2012
Former SEC Exam Chief Walsh: SEC Whistleblower Program 'Showing Traction'The former chief counsel at the SEC's exam division, John Walsh, has formed a Whistleblower Response Team with several of his colleagues to help firms develop whistleblower response programs as the SECs 'initiative is beginning to show traction.'
December 22, 2011
Eight Hanukkah Wishes for AdvisorsHere are eight wishes for advisors heading into the New Year.
December 22, 2011
4 Key Areas SEC Examiners Will Scrutinize in 2012: GiachettiClient privacy, branch supervision and money manager due diligence top Tom Giachetti's compliance list. And make sure your CCO has real power and knowledge.
December 20, 2011
Top Reps Display Creativity, Concern at Curian Capital ConferenceGet a group of top advisors in a room for an hour and you have just enough time to get through one question. Thats what happened recently when Denver-based managed account provider Curian Capital invited AdvisorOne to an exclusive roundtable discussion with a sampling of the reps and broker-dealers with...
December 16, 2011
RIAs With $410M in AUM to Custody With Raymond JamesFour firms, including an ex-Ameriprise affiliate, join Raymond James' RIA division with combined assets of $410 million.
December 16, 2011
SEC to Get $136M Increase Under New Spending Bill for 2012Bipartisan deal to avert government shutdown includes $1.3 billion in funding for the SEC in 2012, but $25 million cut from Dodd-Frank reserve fund; extension of payroll tax cut still up in the air.
December 15, 2011
Advisor SRO Would Cost Twice as Much as Funding SEC ExamsThe report, conducted by BCG and funded by advisor groups and TD Ameritrade, was released before a House panel vote on a spending bill that included a $136 million increase for SEC funding.