This is the 18th installment in a Financial Planning series by Chief Correspondent Tobias Salinger on…
Tag: Regulation and compliance
JPMorgan sues ex private client advisors over solicitation
For the third time in three months, JPMorgan is suing one of its former branch-based advisors…
Raymond James sues to retrieve dead advisor’s laptop
Raymond James is taking the widower of one of its former advisors to court for not…
Citi CEO ‘comfortable’ with Sieg investigation outcome
Citi CEO Jane Fraser said she is “comfortable” with the findings of an internal probe into…
SmartAsset studies international RIA registrations
There are only about 1,200 registered investment advisory firms that have filed with both the Securities…
Experts at Future Proof share how RIAs can safely use AI
Though AI adoption is on the rise in wealth management, standards and guidance aren’t keeping up.…
How RIAs create written policies and procedures
This is the 17th installment in a Financial Planning series by Chief Correspondent Tobias Salinger on…
What advisors should know as SEC launches AI Task Force
The SEC’s recently launched AI Task Force will most likely make its investigations more efficient. It…
Gen AI guardrails prevent regulatory, reputational risk
Just a few years ago, at the dawn of the AI era, an advisory firm announced…
How new RIAs should shop for E&O insurance
This is the 16th installment in a Financial Planning series by Chief Correspondent Tobias Salinger on…
Vanguard reaches $19.5M SEC settlement
Vanguard Advisers encouraged advisers to enroll customers in personal financial services without properly disclosing employees’ financial…
Citi’s Sieg takes to the airwaves in his own defense
Citi wealth head Andy Sieg took to the airwaves to deny accusations of workplace mistreatment; industry…
Key factors for financial advisors considering OSJs
This is the 15th installment in a Financial Planning series by Chief Correspondent Tobias Salinger on…
Armed forces judge to lead SEC enforcement
Margaret “Meg” Ryan will lead the Securities and Exchange Commission’s enforcement division, putting a military judge…
Morgan Stanley wins deferred compensation cases with FINRA
Morgan Stanley has won another arbitration battle in a series of disputes in which it argues…
Deferred comp fight hits claims of advisor double-dipping
In big firms’ fight to avoid paying deferred compensation to advisors who jump to rivals, much…
Cit’s Sieg under outside legal investigation
Citi has enlisted a large outside law firm to help it conduct a human resources investigation…
Tax and trade issues financial advisors are facing
Global trade and tax policy questions with as-yet elusive answers could expose the U.S. economy and…
How businesses get big tax savings in OBBBA
Financial advisors and tax professionals with clients who own businesses of any size can help them…
Why compliance experts embrace NASAA marketing rule
Various compliance consultants think advisors and clients alike would benefit if state regulators were playing from…
Tax planning for parents under OBBBA
The One Big Beautiful Bill Act hiked and enshrined some tax savings for parents into permanent…