investment advisors

Beyond the legal battles, industry experts say in many cases financial advisers will do what is best for their clients even without a rule, but there ... His firm is legally bound to the fiduciary standard, which originated in 1940 with the Investment Adviser Act passed in the wake of the Great Depression, he said.

The Company's investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended, and an affiliate of Monroe Capital LLC. To learn more about Monroe Capital Corporation, visit ...

Making good on its plans to expand beyond the East Coast, Raymond James affiliate Steward Partners Global Advisory has hired a father-and-son ... “RJFS has provided forgivable loans to certain [Steward] investment adviser representatives, as well as other loans” to the reps that are paid off over five to ...

NCA Financial Planners Named One of InvestmentNews' 2018 Best Places to Work for Financial Advisers ... Investment advisory services and Fixed and Traditional Insurance Services offered through NCA Financial Planners, a registered investment adviser not affiliated with Royal Alliance Associates, Inc.

There are plenty of great advisors who are committed to doing right by their clients. Find them. Get tangible evidence of the advisor's duty to you. Verges says: “Ask, 'Are you a fiduciary?' If clients can get it in writing, even better.” Consumers should investigate advisors through the Investment Adviser Public ...

For instance, the average investment advisory fee is still close to 1%.¹ And the average equity mutual ... In other words, if you work with an investment adviser who uses active equity mutual funds, you are paying about 1.6% per year and about 1.09% if the adviser uses index funds. For an investor with $1 ...

As market practices around indexes change, however, should we revisit the status of certain index providers as investment advisers? I understand that the question of whether an index provider is an investment adviser or a fund adviser might appear to be settled. Under the Advisers Act, I believe index ...

Such investments in many cases include an associated equity component such as warrants, preferred stock or other similar securities. The Company's investment activities are managed by its investment adviser, THL Credit Advisors LLC, which is an investment adviser registered under the Investment ...

Sebi bars 'Fatal Attraction' investment advisor Anirudh Sethi; orders refund. PTI|. Mar 18, 2018 ... His tax returns showed that Sethi earned over Rs 2 crore as net income from 'investment adviser services' during the financial year 2014-15, about Rs 28 lakh during 2015-16 and over Rs 13 lakh in 2016-17.

"Even if the DoL rule goes away altogether, they still need to worry about states stepping [forward] with their own fiduciary duty rule for broker-dealers, so my guess, if I had to guess now, is that the SEC is going to go forward," said Karen Barr, CEO of the Investment Adviser Association, who spoke at the ...

"It's very important to me that whatever we do, we maintain options for people," SEC commissioner Hester Peirce said at the Investment Adviser Association compliance conference in Washington. ... Currently, investment advisers must meet a fiduciary standard and act in the best interests of their clients.

That raised a warning flag for the Investment Adviser Association and others about whether transactions that don't fit the "delivery versus payment" model, such as those involving bank loans, derivatives and private placements, could cause an adviser to take custody. Paul Cellupica, SEC deputy director of ...

HTAA, LLC ("HTAA" or the "Company") is a registered investment adviser formed in 2013. HTAA is an independent, privately owned investment advisory firm focused on quantitative asset management and alternative investments. Interactive Brokers receives compensation from HTAA in connection with an ...

"Having changed advisors in 2015 for reasons unrelated to the P-Solve performance and team, it became clear to us that P-Solve remained the best investment consultant for us and we therefore got back in touch." Also commenting, P-Solve co-head Ajeet Manjrekar said: "These appointments come as a ...

Ami Forte, the Tampa Bay investment advisor who was fired from Morgan Stanley after an arbitration ruling went against her and the company, has joined Pinnacle Investments LLC, a broker/dealer and investment advisory firm. Forte is chief business development officer and financial advisor for Syracuse, ...

Mr. Gugle said that it has been difficult to quantify the benefits of building out a tax practice, but he does believe it helping his overall planning business. "We've seen incremental benefits," he said. "Many of our clients still think of us as their investment adviser, and we've been working to get them to think of ...

"You shouldn't be able to use the word 'adviser' or 'advisor' — spelled with an 'e' or an 'o' — unless you are subject to the investment adviser fiduciary standard," Mr. Piwowar told reporters at SEC Speaks. "So, prohibit terms like 'financial adviser' or 'wealth adviser' unless you are an investment adviser.".

The following information replaces similar information found in the "Fund Summary" section under the "Investment Adviser" heading. Strategic Advisers (the Adviser) is the fund's manager. AllianceBernstein L.P. (AB), ArrowMark Partners (ArrowMark)(formerly known as Arrowpoint Asset Management), The ...

Commissioner Gerald Rome signed an order confirming that investment adviser Laurent Carrier and his firm, Carrier Financial Services LLC, will withdraw their Colorado ... “The Woodbridge case highlights the important role financial advisers play as gatekeepers to the securities markets,” Rome said.

The Securities and Exchange Commission today charged two investment adviser subsidiaries of Voya Holdings Inc. with failing to disclose conflicts of interest and making misleading disclosures in connection with their practice of recalling securities on loan so their affiliates could receive tax benefits.

Simply stated, the temporary program says that investment advisers who have received undisclosed 12b-1 fees can correct and self-report. In that case, the SEC staff will not recommend financial penalties. However, if an investment adviser does not correct and self-report and the SEC later examines the ...

“This case echoes the several actions our office has brought in recent months aimed at protecting unsuspecting retail investors from investment advisers who allegedly cheat their clients by cherry-picking profitable trades,” said Michele Wein Layne, Director of the SEC's Los Angeles Regional Office.

Colorado Springs investment adviser, firm tied to $1.2 billion Ponzi scheme ... Colorado Springs investment advisor Laurent Carrier and his company, Carrier Financial Services LLC, have surrendered their Colorado securities licenses in an agreement with state regulators over their involvement in a $1.2 ...

We are currently seeking a Senior Consultant with Investment Adviser regulatory compliance experience with an emphasis in private funds, either hedge funds or private equity. Additional experience with SEC registered or NFA/CFTC funds a plus. Experience as a former or current SEC examiner with a history of working ...

Robo-advisers offer investors targeted recommendations without the cost of a human investment adviser. Robo-advisers are automated investment services that use algorithms to rebalance your portfolio and invest for you. Betterment, a robo-adviser, has no minimum account balance and uses tax-efficient ...

There are many reasons to seek out a financial adviser, including to create a financial plan for investing and saving for retirement, selling or passing on the ... Investment Adviser. Investment advisers will formulate long-term investment strategies for wealthy individuals. They have a fiduciary responsibility to ...

As alluded to earlier, NASAA's Uniform Securities Act explicitly defines “Investment Adviser” to include financial planners. NASAA adopted this clarifying amendment to include financial planners in 1986, largely in response to Investment Advisers Act Release No. 770 (the predecessor to Release No. 1092).

Advisers' conflicts of interest are not the only reason, and perhaps not even the major reason. What really harms investors is that many advisers actually are convinced that frequent trading and expensive, actively managed funds are the key to investment success. What's more, these advisers treat their own ...

On Tuesday, February 13th, the Securities and Exchange Commission (SEC) announced the opening of registration for its 2018 national compliance outreach seminar for investment companies and investment advisers. The event is intended to help Chief Compliance Officers (CCOs) and other senior ...

Similarly, the violations against participating eligible investment advisers will be limited to Sections 206(2) and 207 of the IAA. Generally, IAA Section 206(2), a non-scienter-based fraud statute, imposes a fiduciary duty on the investment adviser to disclose to its clients all conflicts of interest that may impact ...

The SEC is seeking a $52 million budget boost to hire more personnel, including 13 new examiners to oversee investment advisers. ... new jobs, including 13 new personnel in the Office of Compliance Inspections and Examinations to conduct investment-adviser and investment-company examinations.

The tax-reform bill eliminates a tax deduction for advisory fees that exceed 2% of a client's adjusted gross income. The measure also excludes many in the service sector, including investment advisers, from a 20% pass-through tax deduction if they make more than $157,500 as an individual or $315,000 ...

All investment advisers registered with the Securities and Exchange Commission ("SEC") or The Commonwealth of Massachusetts are required to review their compliance policies and procedures at least annually (and best practice is for any investment adviser, whether SEC or MA registered or not, ...

The notice cites potential violations of rules that prohibit excessive transactions and ensure that advisers recommend suitable investments, as well as a rule that says brokers and advisers should “observe high standards of commercial honor.” The Wells Notice is extremely generic, Pearl said. “They did not ...