Wealth Management

AUGUST 16, 2022

The accused hacked into more than 30 retail accounts at several U.S. brokerage firms to artificially pump up the price and trading volume of microcap stocks, according to the commission.

Commission 245

Commission Retail Accounting 245

Abnormal Returns

MARCH 18, 2024

wsj.com) How home buying is going to change with a new commission regime. wsj.com) America's news business has lost its ability to hold power to account. IPOs Apple ($AAPL) and Google ($GOOGL) are exploring putting Google's AI on the iPhone. spyglass.org) A closer look at Reddit's risks. Then check out our weekly e-mail newsletter.

Financial Advising 271

Financial Advising Commission Food Economy 271

Nerd's Eye View

OCTOBER 25, 2023

In 2019, the SEC released a Commission Interpretation that separated the obligation of RIAs to act in their clients' best interests into separate duties of care (to provide investment advice in the best interest of the client) and loyalty (to eliminate or disclose all potential conflicts of interest with the client).

Fiduciary Duty 246

Fiduciary Duty Commission Clients Accounting 246

Nerd's Eye View

MAY 15, 2024

On April 25, 2024, the Department of Labor (DoL) issued the final version of its Retirement Security Rule (the "Final Rule"), which imposes an ERISA fiduciary standard "that applies uniformly to all investments that retirement investors may make with respect to their retirement accounts ".

Retirement 246

Retirement Commission Banking Financial Advising 246

Nerd's Eye View

APRIL 26, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Department of Labor released the final version of its Retirement Security Rule (a.k.a.

Financial Planner 246

Financial Planner Commission Communication Financial Advisor 246

Abnormal Returns

MARCH 20, 2024

crr.bc.edu) Saving for college How much should you save in 529 accounts? financialducksinarow.com) How homebuying is going to change with a new commission regime. (tonyisola.com) Retirement Retirement lessons from Lewis & Clark's expedition. theretirementmanifesto.com) When a mortgage in retirement is a problem.

Asset Allocation 273

Asset Allocation Retirement Commission Taxes 273

Nerd's Eye View

SEPTEMBER 27, 2024

Also in industry news this week: As brokerage firms have faced a wave of lawsuits regarding the low interest rates paid on cash sweep accounts, some legal experts believe that RIAs could also be targeted for legal action if they allow clients' uninvested cash to sit in a cash sweep account rather than investing it or moving it to a higher-yielding (..)

Financial Planner 246

Financial Planner Fiduciary Duty CFP Accounting 246

Good Financial Cents

JULY 21, 2022

Available Accounts Individual taxable investment accounts only. Individual brokerage accounts, traditional and Roth IRAs, and custodial accounts. Individual and joint taxable investment accounts; traditional, Roth, rollover, and SEP IRAs. Individual and joint taxable accounts; traditional, Roth and rollover IRAs.

Accounting 98

Accounting Commission Investments Investing 98

Nerd's Eye View

JANUARY 13, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the Federal Trade Commission has proposed a nationwide ban on noncompete clauses in employee contracts, aiming to give employees more freedom to change jobs within the same industry.

Financial Planner 241

Financial Planner Retirement Planning Retirement Compliance 241

Nerd's Eye View

OCTOBER 3, 2022

While the growth of DPL’s marketplace may itself usher in a greater level of annuity competitiveness, as companies are forced to compete for RIA attention not by offering the biggest commissions but by offering the best features and benefits to get through the RIA-as-gatekeeper.

Commission 246

Commission Financial Planning Ethics Planning 246

MarketWatch

MARCH 7, 2023

version of the global crypto exchange Binance, can move forward with absorbing customer accounts and around $1 billion in crypto from Voyager Digital, a judge said — despite objections from the Securities and Exchange Commission, the Wall Street Journal reported on Tuesday. Binance.US, the U.S.

Accounting 98

Accounting Commission Assets Marketing 98

The Big Picture

DECEMBER 12, 2022

Usually, an illiquid (non-traded) alt is a bit of a nightmare for RIAs: Custodian issues, performance reporting, disclosures, account sign-ups, and allocations are all complex and time-consuming. In the stock market, its anyone with a portfolio or 401k/IRA or trading account. That was part of the attraction, as were the strong returns.

Accounting 296

Accounting Commission Investments Investing 296

Nerd's Eye View

MARCH 24, 2023

Read More.

Financial Planner 245

Financial Planner CFP Certification Retirement Planning 245

Nerd's Eye View

JUNE 12, 2024

For example, if an advisor recommends an investment that prioritizes the commission they would receive rather than any benefit the client would derive from it, they could incur fines and sanctions for violating their fiduciary duty as an advisor.

Fiduciary Duty 245

Fiduciary Duty Risk Tolerance Investments Investing 245

Darrow Wealth Management

NOVEMBER 4, 2024

Consider this: you walk into a Bank of America branch and ask for the best type of savings account on the market. Would you expect them to suggest one of their accounts or tell you to go online and open a high-yield savings account with a competitor? A Google search for financial advisor near me returns over one billion results.

Financial Advisor 80

Financial Advisor Certified Financial Planner Fiduciary Duty Fee Only 80

Nerd's Eye View

JULY 12, 2024

Also in industry news this week: 2 House committees this week advanced legislation that would halt implementation of the Department of Labor's new Retirement Security Rule, which, combined with ongoing lawsuits, threaten to derail the regulation either before or soon after it becomes effective in late September A Federal judge has put the future of (..)

Financial Planner 189

Financial Planner Clients Tax Planning Accounting 189

The Big Picture

MAY 9, 2024

No audited returns, mathematically improbable claims, and zero accountability But none of these “influencers” sell securities to clients, so they do not fall under the regulatory oversight of the Securities and Exchange Commission (SEC).2 2 Sure, you can claim mainstream media is bad, but social media is worse.

Media 336

Media Taxes Math Investments 336

The Big Picture

DECEMBER 7, 2023

It’s like being forced to pay a travel agent commission when booking a flight directly online. ( retailers retracted its claim that “organized retail crime” accounted for nearly half of all inventory losses in 2021 after finding that incorrect data was used for its analysis.

Retail 238

Retail Commission Economy Accounting 238

The Big Picture

FEBRUARY 17, 2024

Wired ) • Realtor Commissions Are Still a Hefty Part of Home Sales. Despite years of technology disruption, home commissions remain stuck near 6%. He was executive vice president of the Markets Group at the New York Fed, where he also managed the System Open Market Account. Maybe Not for Long. 15, 1974. (

Commission 170

Commission Food Banking Accounting 170

Zoe Financial

JANUARY 28, 2025

3 It's Expensive Frequent trading and trying to time the market will rack up brokerage commission costs, particularly for smaller investors. Zoe Financial is not an accounting firm – clients and prospective clients should consult with their tax professional regarding their specific tax situation.

Marketing 98

Marketing Marketing Financial Advisor Taxes 98

Good Financial Cents

FEBRUARY 15, 2023

For example, you may hold some of your investments with a robo-advisor while maintaining an account with an investment brokerage firm for self-directed investing. Schwab Minimum initial investment: $0 Commissions & fees: $0 for stocks, options, and ETFs; over 4,000 commission-free mutual funds.

Investments 94

Investments Investing Commission Risk Tolerance 94

Tobias Financial

JUNE 16, 2025

Monthly or quarterly reviews of bank statements, budgets, and investment accounts can help monitor your day-to-day financial health. SEC registration does not constitute an endorsement of the firm by the Commission, nor does it indicate that the advisor has attained a particular level of skill or ability.

Planning 52

Planning Engineering Financial Planning Financial Advisor 52

Nerd's Eye View

DECEMBER 19, 2022

even as the CFP Board has announced its own Competency Standards Commission to raise their own standards regarding who can use the Certified Financial Planner title? Raising the question of whether the FPA is also considering an about-face on its CFP-centricity, too.

Financial Planner 243

Financial Planner CFP Certified Financial Planner Financial Planning 243

Good Financial Cents

FEBRUARY 24, 2023

With most investing apps now offering commission-free trading, online brokers must find more creative ways to stand out. About Webull Launched in 2017, New York City-based Webull is a self-directed investment platform that offers commission-free trading. Webull Account Types Webull offers two taxable account types: cash and margin.

Investments 96

Investments Investing Commission Accounting 96

The Big Picture

SEPTEMBER 5, 2024

billion in fee only asset flows for the full year 2013; 37% of Morgan Stanley wealth management’s total client assets are now in fee based accounts a record high. Wells Fargo Advisors said at the end of 2013 it had $375 billion in managed account assets, roughly 27% of the $1.4

Wealth Management 228

Wealth Management Assets Fee Only Media 228

MarketWatch

APRIL 4, 2023

The Securities and Exchange Commission charged Charlie Javice with fraud in connection with the $175 million sale of her student-loan assistance company Frank to JPMorgan Chase JPM. The SEC alleges that Javice misled JPMorgan into believing her company had 4.25 million customers, when it had fewer than 300,000. Javice received $9.7

Accounting 75

Accounting Commission Banking Manufacturing 75

Tobias Financial

JUNE 17, 2025

Many people feel unsure about how often to check their 401(k) accounts, especially during periods when markets experience fluctuations. Clients often discover that diversification can influence how their accounts perform over time. Finding a balanced approach can help maintain a sense of perspective.

Financial Advisor 52

Financial Advisor Wealth Advisor CFP Commission 52

WiserAdvisor

JUNE 16, 2025

Securities and Exchange Commission (SEC), the thresholds may vary slightly — say a net worth of $1.5 Privacy protection through offshore accounts: Many high-net-worth individuals maintain offshore accounts in other countries. Use Separately Managed Accounts (SMAs). According to the U.S.

Wealth Management 59

Wealth Management Taxes Insurance Assets 59

Zoe Financial

JUNE 18, 2025

In addition to salary, bonuses, and commissions, earnings also include investment income. This can come from dividends, interest, rental income, and distributions from brokerage or retirement accounts. Spend Spending refers to the money leaving an account for expenses. Earn Earnings go beyond just a paycheck.

Insurance 40

Insurance Accounting Taxes Retirement 40

Good Financial Cents

OCTOBER 17, 2022

Robinhood attracted these young stock market investors with an easy-to-use mobile app and commission-free trades. To sweeten the deal, Robinhood didn’t require account minimums, so even investors with limited capital could start investing. Margin accounts? ? million individual brokerage accounts. Robinhood Troubles.

Commission 90

Commission Accounting Investments Education 90

MarketWatch

MAY 30, 2023

Securities and Exchange Commission said late Tuesday. Tolstedt, who retired in 2016 around the time of Wells Fargo’s fake-account scandal, did not admit or deny the SEC’s allegations. The SEC already has settled related charges against Wells Fargo’s former Chief Executive John Stumpf.

Commission 98

Commission Distribution Retirement Banking 98

Good Financial Cents

DECEMBER 29, 2022

Where to Get Started: Many online brokers offer real-time fractional share investing without charging commissions. Simply open an account, transfer some money to get started, and select a portfolio option that aligns with your appetite for risk and your goals. Open an Account. 2: Build a Micro Real Estate Portfolio.

Investments 119

Investments Investing Accounting Commission 119

Harness Wealth

NOVEMBER 12, 2024

Fully Utilize Tax-Advantaged Retirement and Savings Accounts There are multiple steps you can take using retirement accounts to reduce your taxable income. Contribute to Tax-Advantaged Retirement Accounts Do your best to fully contribute to one or multiple tax-advantaged retirement accounts, such as 401(k), 403(b), or IRAs.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Trade Brains

JUNE 24, 2023

Further, if you plan to invest in direct funds through these apps, they can also help you to save an extra commission of 1% to 1.5% The direct plans are cheaper than the regular plans because you will be saving costs in terms of paying commissions to intermediaries. which is a huge advantage. What are Direct Mutual Funds?

Commission 98

Commission Investments Investing Planning 98

Carson Wealth

NOVEMBER 2, 2023

Agents earn a commission for placing a Medigap policy and for helping with the application process. You have to create an account with my Social Security. Have the information below on hand when creating an account at my Social Security. Now that I have my Social Security account, what is the next step?

Insurance 143

Insurance Medical Planning Accounting 143

MarketWatch

MARCH 6, 2023

The company has yet to file its quarterly report for the January-ending quarter with the Securities and Exchange Commission because of an accounting matter that has yet to be resolved. Analysts had estimated ACV billings of $219.6 million on revenue of $425.3 million for the third quarter, and ACV billings of $904.2

Commission 98

Commission Accounting Marketing Marketing 98

Validea

NOVEMBER 15, 2023

Falling Costs Zero Commissions and the Savings to Investors : The shift to zero commission trading by major brokerage firms has reduced the cost barrier for individual investors. Firms like Robinhood were embraced by millions of new investors, and the zero-commission trend is now the standard among major online brokerages in the U.S.

Commission 115

Commission Education Portfolio Assets 115