Nerd's Eye View

MAY 9, 2023

Liz is the co-owner of Pleasant Wealth, a hybrid advisory firm based in Canton, Ohio that oversees $146 million in assets under management for 522 client households.

Commission 246

Commission Planning Financial Advisor Financial Planning 246

Nerd's Eye View

MARCH 21, 2025

of advisor compensation, while commission-based revenues have declined to 23% of an average advisor's revenue.

Financial Planner 229

Financial Planner Commission Communication Clients 229

Nerd's Eye View

NOVEMBER 20, 2024

One of the best sources of guidance from the Securities and Exchange Commission (SEC) is a 1986 interpretive release that unofficially sets forth a framework for satisfying the fiduciary duty to seek best execution of securities transactions in client accounts.

Fiduciary Duty 244

Fiduciary Duty Clients Commission Accounting 244

Nerd's Eye View

JUNE 16, 2025

While many firms have historically relied on commission-based compensation methods – reflecting a sales-driven approach – financial advice has evolved with technological advancements and a greater focus on financial planning, with the Assets Under Management (AUM) fee emerging as the primary compensation model.

Financial Advice 233

Financial Advice Financial Advisor Financial Planning Planning 233

Wealth Management

JULY 2, 2025

The Vanguard High-Yield Active ETF would trade under the ticker VGHY and invest at least 80% of its portfolio in high-yield debt, according to a Tuesday filing with the Securities and Exchange Commission. The fund’s proposed fee is 0.22% — cheaper than any existing actively managed high-yield ETFs, data compiled by Bloomberg showed.

Planning 270

Planning Estate Planning Wealth Management Commission 270

Wealth Management

NOVEMBER 4, 2024

The commission settled charges that Wahed Invest violated the ad rule when including a pro soccer player and MMA athletes in marketing without clarifying that they weren’t clients and were compensated.

Commission 349

Commission Clients Investing Investments 349

Calculated Risk

DECEMBER 22, 2024

Note: RI is mostly investment in new single-family structures, multifamily structures, home improvement and commissions on existing home sales. Through November, starts were down 4.3% year-to-date compared to the same period in 2023 (due to a sharp decline in multi-family starts). New home sales were up 2.1% year-to-date through October.

Economics 290

Economics Economy Sales Commission 290

Calculated Risk

JULY 29, 2022

According to the Bureau of Economic Analysis, RI includes new single-family structures, multifamily structures, home improvement, Brokers’ commissions and other ownership transfer costs, and a few minor categories (dormitories, manufactured homes). Brokers' commissions were unchanged year-over-year in Q4 (down as a percent of GDP).

Commission 363

Commission Manufacturing Investing Investments 363

Wealth Management

OCTOBER 2, 2024

He joined the commission in 2021 and has overseen numerous notable cases, including the first actions related to Regulation Best Interest. Grewal’s last day will be Oct.

Commission 298

Commission 298

Trade Brains

JUNE 26, 2025

The shares of Solar company, specializing in the manufacturing of integrated solar cells and solar panels, and others, are in focus upon commissioning a new 1.2 Premier Energies Ltd, engaged in the manufacturing of integrated solar cells and solar panels, and others, has successfully commissioned a new 1.2 percent, making a high of Rs.

Commission 69

Commission Manufacturing Investment Advisor Investing 69

Wealth Management

AUGUST 14, 2024

According to the commission, Russell Todd Burkhalter, the CEO of Drive Planning, allegedly used new funds to pay existing investors’ returns and personal expenses, including yacht and private jet payments.

Commission 299

Commission Planning 299

Nerd's Eye View

JANUARY 24, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that while overall financial advisor headcount remains relatively flat, the RIA channel continues to gain share in terms of both headcount (as brokers break away to start their own independent firms and aspiring advisors seek (..)

Financial Planner 246

Financial Planner Asset Allocation Clients Commission 246

Wealth Management

SEPTEMBER 25, 2024

The two firms are in hot water over sales of Harvest’s “Iron Condor” strategy that resulted in $5 million in excess management fees and commissions.

Management 290

Management Commission Sales 290

Wealth Management

JUNE 9, 2023

The SEC's new risk alert reiterates that the commission is "not kidding" about marketing rule violations, according to the head of one vendor.

Commission 316

Commission Marketing Marketing 316

Wealth Management

MAY 1, 2024

The Federal Trade Commission's move to outlaw these clauses in contracts could affect millions of Americans. But litigation against the ban is already in motion.

Commission 312

Commission Banking 312

Wealth Management

NOVEMBER 8, 2024

According to the commission, Invesco overstated how much of its AUM was ESG-integrated because that percentage included all ETFs.

Commission 277

Commission 277

Wealth Management

MARCH 18, 2024

The commission accused Global Predictions and Delphia of “AI washing,” making misleading claims about how they each used artificial intelligence in managing investments.

Commission 306

Commission Management Investing Investments 306

Wealth Management

NOVEMBER 19, 2024

Kaival Patel was previously convicted of charges stemming from a plan to collect commissions on falsely prescribed compound medications, according to the Justice Department.

Medical 278

Medical Commission Insurance Planning 278

Wealth Management

MAY 17, 2023

Panelists spoke about advanced analytics’ impact on the industry during FINRA’s annual conference, while SEC Chair Gary Gensler said he’d asked commission staff to consider recommendations on rules for predictive data analytics conflicts.

Commission 311

Commission 311

Wealth Management

SEPTEMBER 11, 2024

According to the commission, Donald Anthony Wright made false statements when selling promissory notes to clients to fund the purchase of a Texas-based media marketing company.

Commission 277

Commission Media Clients Marketing 277

Wealth Management

SEPTEMBER 30, 2024

The commission alleged two advisors defrauded clients by allocating unprofitable trades into their accounts, netting millions in "illicit" profits for themselves.

Commission 272

Commission Accounting Clients 272

Wealth Management

SEPTEMBER 17, 2024

The commission alleged that the schemers behind the fraudulent crypto platform NanoBit Limited falsely claimed their affiliate was an SEC-registered broker.

Commission 264

Commission 264

Wealth Management

JANUARY 21, 2025

The new task force will be led by Commissioner Peirce and was unveiled by an SEC release criticizing the commissions prior approach to crypto enforcement.

Commission 264

Commission 264

Nerd's Eye View

JULY 11, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that, amidst the growing number of RIAs it supervises, the Securities and Exchange Commission (SEC) is moving ahead with a potential plan to raise the $100 million regulatory assets under management threshold for SEC registration, (..)

Financial Planner 174

Financial Planner Engineering Clients Taxes 174

Wealth Management

OCTOBER 16, 2023

On Friday, the US Securities and Exchange Commission declined to appeal on earlier positive court ruling for Grayscale.

Commission 286

Commission 286

Wealth Management

OCTOBER 26, 2023

The commission accused Julie Anne Darrah of a multi-year scheme targeting elderly female advisory clients spanning from before and after her firm joined Wealth Enhancement Group.

Clients 290

Clients Commission 290

Wealth Management

DECEMBER 12, 2024

The commission charged South Carolina-based former rep Eric Cobb with defrauding clients while working for SeaCrest Wealth Management. The firm paid $375,000 to settle the charges.

Commission 263

Commission Wealth Management Clients Management 263

Wealth Management

MAY 7, 2024

The IBD filed a notice to appeal with the First Circut Court of Appeals after a Massachusetts federal judge ruled in favor of the Securities and Exchange Commission.

Commission 289

Commission 289

Wealth Management

APRIL 23, 2024

The proposal by the Federal Trade Commission would ban most new non-compete agreements including those of senior executives.

Commission 283

Commission 283

Calculated Risk

JANUARY 29, 2024

According to the Bureau of Economic Analysis, RI includes new single-family structures, multifamily structures, home improvement, Brokers’ commissions and other ownership transfer costs, and a few minor categories (dormitories, manufactured homes). Brokers' commissions were down 5% year-over-year in Q4.

Commission 289

Commission Manufacturing Investing Investments 289

Wealth Management

SEPTEMBER 25, 2023

trillion—with a "T"—with no evidence of any legitimate assets at all, according to the commission. Vista Financial Advisors registered in 2021 and soon claimed it managed more than $11.5

Commission 289

Commission Financial Advisor Assets Management 289

Wealth Management

APRIL 8, 2025

In a speech to state securities regulators, Acting SEC Chair Mark Uyeda said he worried the threshold may have become unbalanced since Dodd-Frank and asked commission staff to conduct a periodic evaluation of the cutoff.

Commission 264

Commission 264

Wealth Management

NOVEMBER 9, 2023

The Board’s Disciplinary and Ethics Commission previously released anonymized iterations of its public sanctions, but starting today the Board will make the actual orders available to the public.

CFP 285

CFP Ethics Commission 285

Wealth Management

DECEMBER 11, 2023

In a recent report, the SEC Investor Advocate suggested the commission "temporarily" stop RIAs from including mandatory arbitration clauses in contracts, arguing they could "mislead retail clients into not exercising their legal rights."

Commission 290

Commission Retail Clients 290

Wealth Management

JANUARY 3, 2025

It is the Commission's latest enforcement action stemming from recently implemented RIA marketing rules. Atlas Financial Advisors falsely claimed Morningstar had verified and validated the hypothetical performance of its proprietary Portfolio Shield strategies,according to the SEC.

Portfolio 264

Portfolio Commission Financial Advisor Marketing 264

Wealth Management

NOVEMBER 25, 2024

According to the commission, James David Burleson’s scheme caused over $3 million in losses for his clients and a 26.5% positive return for himself. The SEC argues the probability that divergence occurred by chance was “less than one in a million.”

Commission 264

Commission Clients 264

Wealth Management

NOVEMBER 22, 2024

The Financial Industry Regulatory Authority must let the US Securities and Exchange Commission weigh in before it can cast out one of its members, a three-judge panel of the US Court of Appeals for the District of Columbia found.

Commission 264

Commission 264