The proposed new rule would require mutual fund dealers to include the MFDA logo on their client account statements on websites
Regional managers are overseeing the reassignment of clients to veteran advisors following the dismissal of approximately 400 primarily younger advisors
New MFDA report also finds that a switch to direct-pay arrangements will “have a greater impact on those smaller advisors who are more reliant on DSCs”
Monarch’s mutual fund advisors will now have access to Morningstar’s latest market research, model portfolio offerings and portfolio analysis
Banks are building digital connections with clients
2016 client research project aims to explore what client segment would be most affected by the potential elimination of embedded commissions
A new notice from the MFDA suggests the issue is prevalent and outlines the measure firms and reps should take to deal with it
Mutual fund firms face obstacles in offering ETFs
Connect Financial Services, which will maintain the Sentinel brand, plans to grow the firm organically and through acquisitions
New system uses Fundserv program, enables electronic signatures