by Patrick M. Kelly | Sep 13, 2013 | Financial Services Industry
Southern California-based Beacon Pointe Wealth Advisors has added Santa Barbara-based Pacific Pointe to its roster, making it the fifth firm in Beacon Pointe’s growing stable, and the fourth in California. The Santa Barbara-based wealth manager said in a statement...
by Patrick M. Kelly | Aug 19, 2013 | Financial Services Industry, Raymond James
Raymond James Financial has launched “Portfolio Management Center” (or PMC), a portfolio management and research tool for its employee and independent-channel advisors. The company announced on July 30, that PMC, which is part of the firm’s Advisor Access platform, is...
by Patrick M. Kelly | Aug 2, 2013 | Financial Advisors, Financial Services Industry
Independent financial advisors could soon face a new complex set of anti-money laundering rules. FinCEN, is currently drafting a new set of anti-money laundering (or AML) rules for advisors, revising a proposal that was introduced in 2003 but ultimately abandoned in...
by Patrick M. Kelly | Jul 25, 2013 | Financial Services Industry, RIA
Raymond James is looking to attract RIAs from all over the country and has established four regional director positions based on that goal. But the two areas where Raymond James sees the biggest opportunity are the Northeast and West, Bill Van Law, president of...
by Patrick M. Kelly | Jul 10, 2013 | Financial Services Industry
The National Association of Insurance and Financial Advisors, which has argued against the need for an expanded fiduciary rule, produced its survey in response to a request from the Securities and Exchange Commission for more data from stakeholders to inform its...
by Patrick M. Kelly | Jun 13, 2013 | Financial Advisors, Financial Recruiting Industry, Financial Services Industry
The role of the sales assistant or client associate becomes critically important to maintaining the cycle of client attainment and client satisfaction. Great support staffs are invaluable, but are very hard to find and even more challenging to manage. Especially as...