Tag: fa iq

IQ Financial Advisor – Content Page

An industry lobby group applauds the Ministry of Labourthe failure of the courts to strike down a Trump-era rule on the distinction between employees and independent contractors. On Tuesday, the U.S. District Court for the Eastern District of Texas ruled that the DOL’s decision last May to delay and withdraw its independent contractor rule violated […]

IQ Financial Advisor – Content Page

the Financial Sector Regulatory Authority reminds member firms of their obligations when it comes to trading complex products and options and solicits feedback on best practices and possible rule changes. The industry’s self-regulator warns companies that while trading in such products “can potentially expand investment opportunities for retail investors”, it also poses risks for inexperienced […]

IQ Financial Advisor – Content Page

The Covid-19 pandemic appears to have made female investors more proactive when it comes to their finances – as well as being cooler than their male counterparts, according to a recent survey. Faced with a financial crisis, only 8% of women liquidated their retirement accounts, compared to 15% of men who did, At national scale […]

IQ Financial Advisor – Content Page

the Financial Sector Regulatory AuthorityThe arbitration forum is currently under intense scrutiny following a court ruling that Wells Fargo Advisors and his attorney “manipulated” the arbitrator selection process. On February 1, the Public Investors Advocate Bar Association called for an investigation into Finra’s arbitration process after the judge Belinda Edwards of Fulton County Superior Court […]

IQ Financial Advisor – Content Page

Blucorait’s Avantax said to have acquired a Washington-based financial planning practice. The latest addition is Gene Bell & Associatesled by a certified financial planner Gene Bellwhich has been affiliated with Avantax for several years, according to the firm. Bell, which is also a registered agent with the Internal Revenue Servicehas worked in the financial services […]

IQ Financial Advisor – Content Page

the United Negro College fonds says he has expanded a scholarship program with which he runs JP Morgan Wealth management for black students studying any major to help them start a career as a financial advisor. Launched in 2021, the program added six more historically black colleges and universities, for a total of 17, whose […]

IQ Financial Advisor – Content Page

JP Morgan settled his lawsuit against Cresset related to the alleged poaching of several advisers. In 2019, JPMorgan accused Cresset CEO and Co-Chairman Douglas Regan to sue JPMorgan staff for breach of their contractual obligations with the bank, according to an arbitration request filed with the American Arbitration Association through JPMorgan Securities and JPMorgan Chase. […]

IQ Financial Advisor – Content Page

the Financial Sector Regulatory Authority decided to prohibit a dismissal Morgan Stanley financial adviser who allegedly defrauded his professional athlete clients. Morgan Stanley fired the adviser, Daryl Mathew Cohenin March 2021 regarding allegations related to his “activities with outside clients and transactions not disclosed or approved by Morgan Stanley and use of an unapproved platform […]

IQ Financial Advisor – Content Page

Creative planning says he made another acquisition, this time in the greater St. Louis area. The latest addition is Paradigm Financial Advisorsa registered owner-operated investment advisory firm Jim Red which offers financial planning, investment management, tax planning and multigenerational estate planning to high net worth clients and their families, according to Creative Planning. Paradigm oversees […]

IQ Financial Advisor – Content Page

This year the Certified Financial Planner Standards Board will prioritize financial education and the search for new talent, says new board chairman Kamila Elliott. Many people who become CFP professionals do so after working in a registered investment advisory firm or in corporate positions, but the CFP board wants to “deepen” via outreach to high […]

IQ Financial Advisor – Content Page

A Financial Sector Regulatory Authority arbitration panel ruled in favor of Merrill Lynch and one of his financial advisers in a lawsuit against the company accusing him of negligence. The Amended and Restated Julian I. Stoopler Living Trust filed a lawsuit in July 2020 accusing Merrill of negligence, breach of fiduciary duty and breach of […]

IQ Financial Advisor – Content page

Raymond James appointed the former head of wealth planning and personal trust at Fidelity Investments senior vice president of private wealth management, the company said. Kevin ruth also previously oversaw the creation of private heritage programs at Merrill Lynch and UBS during his career of more than 25 years, according to Raymond James. He joins […]

IQ Financial Advisor – Content page

Mariner Heritage Advisors said to have acquired Granite Investment Advisors, a registered investment advisory firm based in Concord, New Hampshire. Mariner simultaneously added advisers Martha cottrill and Ed taylor, who were previously with the company RIA Taylor, Cottrill, Erickson & Associates, also based in Concord, he said. Along with Cottrill and Taylor, Granite oversees approximately […]

IQ Financial Advisor – Content page

According to a recent report, financial advisers and wealthy investors have a difference of opinion when it comes to tangible assets such as property, art collections and other valuables. While many wealth managers focus on investments, such as stocks, bonds and private equity, wealthy investors would prefer their wealth managers to take more account of […]

IQ Financial Advisor – Content page

BNY Mellon Wealth Management has attracted David Heck from WHY, Philadelphia NPR and PBS subsidiary, where he was director of philanthropy. Heck, who has over 20 years of fundraising experience, according to his LinkedIn account, was hired as a Senior Client Strategist at BNY Mellon. In his new role, Heck works with high net worth […]

IQ Financial Advisor – Content page

A banned financial advisor in Florida has been sentenced to more than seven years in prison for stealing millions of dollars from investors in fraudulent investment schemes. In June, Philippe Conley, of Jacksonville, Fla., pleaded guilty to one count of securities fraud, according to the United States Attorney’s Office for the Northern District of West […]

IQ Financial Advisor – Content page

Cetera Financial says an investor acquisition program used by just over 100 of the company’s advisers is now available across its network. The program, LeadEngine, is designed to generate leads for its advisors across the United States, Cetera explains. This year, LeadEngine converted more than $ 20 million in assets for advisors currently in the […]

IQ Financial Advisor – Content page

Ascensus, a recordkeeping service provider, third-party administrator and government savings facilitator, says it has entered into an agreement to merge with Newport Group. Newport, based in Walnut Creek, Calif., Is a retirement services provider with nearly 1,500 professionals, over $ 150 billion in retirement assets under management, and over $ 300 billion in retirement assets […]

IQ Financial Advisor – Content page

A federal grand jury has handed down a seven-count indictment against a former Ohio financial adviser who allegedly robbed investors with the help of a relative. In 2015, Thomas brenner, as president of a brokerage and investment advisory firm First American titles, allegedly conspired with an anonymous person to get Brenner’s clients to supposedly invest […]

IQ Financial Advisor – Content page

A consulting firm’s ability to differentiate itself from the rest will be the most critical factor for success over the next decade, according to a financial advisor and industry blogger. Michael kitces. And that applies to the types of clients advisors seek, Kitces noted at Carson GroupExcell conference last month, as well as the services […]

IQ Financial Advisor – Content page

LPL Financial targets independent advisers who are increasingly turning to industry’s biggest players for help, CEO says Dan Arnold. “We see this structural trend of moving from one… small vendor to one that has more capabilities or better capabilities that are going to help. [advisors] better serve their customers ”, Arnold analysts told analysts during […]

IQ Financial Advisor – Content page

A federal grand jury in Wisconsin has indicted a former financial adviser with nine counts of wire fraud and one count of bank fraud. The indictment accuses Michael shillin, the owner of a financial consulting firm Shillin Wealth Management, for carrying out a scheme in which he convinced clients that he had bought non-public shares […]

IQ Financial Advisor – Content page

Focus Financial Partners stated that his partner company Connectus Wealth Advisors acquires another wealth management practice. The latest addition is New England Investment and Retirement Group, a registered investment advisory firm based in North Andover, Mass., founded in 1995, according to Focus. NEIRG oversees about $ 766 million for nearly 2,200 accounts, according to its […]

Back To Top