News

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  William Galvin: The 2013 IA 25 Extended Profile

  By Melanie Waddell, AdvisorOne  |  May 22, 2013

  Since taking on an additional 139 advisors with $6.6 billion in assets under the Dodd-Frank “switch,” Massachusetts has “been able to do what the Securities and Exchange Commission hasn’t.”

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  Don’t Get Left Behind: Tech Innovation to Drive Wealth Shift From Boomers to Gen X and Y

  By Joyce Hanson, AdvisorOne  |  May 21, 2013

  RIAs are making the mistake of inventing non-tech-related strategies for boomer investors at the expense of developing innovations for Gen X and Gen Y clients, says Fidelity.

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  FINRA’s Ketchum to SEC: Act Now on Fiduciary, or We’ll Make Our Own Disclosure Rules

  By Melanie Waddell, AdvisorOne  |  May 21, 2013

  FINRA CEO Richard Ketchum called on the SEC Tuesday to “act quickly” to put brokers and advisors under a uniform fiduciary standard, but noted that in the absence of SEC action, FINRA “will look hard” at issuing “an additional disclosure rule” for BDs.

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  Inexperienced Plan Sponsors Need a Little Love From Fund Websites

  By Gil Weinreich, AdvisorOne  |  May 21, 2013

  Fund firms managing employee retirement accounts make it needlessly difficult for plan sponsors to fulfill their fiduciary obligations, a new Dalbar study has found.

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  FINRA Fines LPL $9M for Failing to Monitor Emails

  By Melanie Waddell, AdvisorOne  |  May 21, 2013

  FINRA announced Tuesday that it fined LPL for 35 separate, “significant email system failures,” and for making material misstatements to FINRA during its investigation.

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  A Succession Plan That Started at the Gym

  By John Sullivan, AdvisorOne  |  May 20, 2013

  Certain professions and areas of study translate well to financial planning. Who knew personal training was one?

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  Cambridge CEO Schwartz: What His Firm, Other Advisors Must Do to Stay Successful

  By John Sullivan, AdvisorOne  |  May 20, 2013

  Despite the scenic Colorado view, the meeting began on a somber note as CEO Eric Schwartz eulogized marketing and recruiting head Jim Guy, who died April 5.

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  NAPFA Names Geoffrey Brown CEO

  By Joyce Hanson, AdvisorOne  |  May 20, 2013

  In his new role as NAPFA CEO, Brown will be responsible for the growth of the organization that now numbers approximately 2,500 members.

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  Bond Investors Must Prepare for Rate Spike: SEC’s Walter

  By Melanie Waddell, AdvisorOne  |  May 20, 2013

  At the FINRA conference, SEC Commissioner Elisse Walter also said it was time to get to the "nitty-gritty" of a fiduciary rule.

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  Janney Nabs Morgan Stanley Team in Delaware

  By Janet Levaux, AdvisorOne  |  May 20, 2013

  The advisors join with about $195 million in assets and $1.5 million in yearly fees and commissions.