Industry
LPL Financial Names New Chief Information Officer
LPL Financial, the nation's largest independent broker-dealer, today announced that Victor Fetter has been appointed chief information officer and managing director of the company's Business Technology Services (BTS) business unit, effective December 17, 2012.
NAPFA, In Saying Only CFPs Can Become Members, Snubbed The AICPA, Exposing Fractures In The Movement To Professionalize
The American Institute of CPAs, in a letter emailed to its financial advisor members last Friday, shrugged off an announcement earlier week by the National Association Of Personal Financial Advisors to accept only CFPs as NAPFA members.
“As the professional home for CPA financial planners, the AICPA stands behind our members and the qualifications and expertise they bring to supporting their clients,” said the email to AICPA Personal Financial Planning (PFP) Section Members & CPA/PFS credential holders.
AICPA’s response to NAPFA was muted, considering that NAP
Small Firms Will Still Be Viable Even As Larger Independents Continue To Consolidate
Consolidation in the independent RIA market may result in a series of $100 billion firms in assets under management dominating the market.
What does that mean for smaller firms, say, with assets of $100 million or less? Will they just be gobbled up?
NAPFA Makes The CFP Designation A Requirement For Membership; Does That Decision Match Up With NAPFA's Mantra To Uphold The Fiduciary Standard?
If you want to become a NAPFA-Registered Financial Advisor, you will now will have to have earned the Certified Financial Planner (CFP®) designation.
The National Association of Personal Financial Advisors (NAPFA) says its decision is the next step in raising the professional status of the industry. Critics say the CFP® may not be the most appropriate standard bearer for the financial advisor profession.
Financial Planning Magazine's 2012 Advisor Technology Survey Shows Higher Investment For 2013 And New Ways Of Utilizing Advancements
Financial Planning’s 2012 Tech Survey is now available and provides insight into new and different ways advisors are using technology in their businesses.
This survey is claimed to be the most scientifically accurate survey the magazine has ever conducted because of single-use links to readers who took the survey.
More Articles ...
- Ranking House Financial Services Committee Member Frank Introduces Legislation To Merge SEC And CFTC
- FINRA Is Pushing For Disclosure Of Signing Bonus Deals To Clients...And Why Shouldn't They?
- In A Blow To Registered Reps With Non-Compete Agreements With Their BDs, U.S. Supreme Court Reaffirms That Arbitrators—Not The Courts—Determine Enforceability Of Non-Compete Provisions
- Higher-Net-Worth Households Are Key Ingredient In Advisor Business Growth
