Wells FiNet Team with 189-Mln Book Shifts to Ameriprise

Jan 2

Wells FiNet Team with 189-Mln Book Shifts to Ameriprise

Ameriprise Financial has lured a four-advisor team in Bakersfield, California, to its independent, or franchise, channel from the Financial Network (FiNet) independent channel of Wells Fargo Advisors, an Ameriprise spokeswoman confirmed.  The practice, called Foundation Wealth Management, is led by Ricardo (Rick) Yanez and Lance Mackall, who had each been with the Wells affiliate for […]
Jan 2

Oppenheimer to Pay 4.7 Mln for UIT Rollover Violations

Oppenheimer & Co. has agreed to pay nearly $4.7 million to settle allegations that it failed to properly supervise $6.4 billion worth of unit investment trust sales over five years, the Financial Industry Regulatory Authority said on Monday.  The penalty includes an $800,000 fine and $3.87 million in restitution to customers who may have incurred […]
Jan 2

Morning Brief Stocks Slip as Investors Book Yearend Gains

Stories of interest from around the web Stocks dip as investors lock in end-of-year gains | Reuters IPOs definitively underperformed broader market in 2019 | Bloomberg Bitcoin Review: SEC opened some institutional doors | AMBCrypto Judge temporarily halts California ban on mandatory arbitration | Associated Press SEC proposes relaxing rules on auditor independence | AccountingToday.com […]
Jan 2

FASuccess Ep 157 Building Your Own Personal Brand To Complement And Not Compete With Your Advisory Firm, with Peter Lazaroff

Welcome back to the 157th episode of Financial Advisor Success Podcast! My guest on today’s podcast is Peter Lazaroff. Peter is a shareholder and the co-chief investment officer of Plancorp, an independent RIA based in St. Louis that oversees nearly $4.4 billion of assets under management for almost 1,300 affluent clients. What’s unique about Peter, though, […]
Jan 1

2019039s Most Interesting New ETFs

Several years ago, Dos Equis beer ran its “most interesting man in the world” campaign with a gray-bearded debonair gentleman who could do no wrong. Following that same smirky crusade, we’re going to examine the “most interesting new ETFs in the world.”