SEC Issues Guidance for Investment Advisory Firms That Accepted PPP Loans
RIAs who have received PPP loans in order to keep operating need to be mindful of their obligation to make full and fair disclosure to clients.
Recent
Start Your Engines: Ambitious Managers Shake Off AUM Shock, Shift Into Post-COVID Racing Gear
Everyone taking a huge step back resets the competitive clock. If you were on the defensive six months ago, it’s time to get aggressive.
You Can Still Apply for an SBA COVID-19 $10,000 Disaster Grant - No Repayment Required
The SBA extended the deadline to apply for a COVID-19 disaster relief loan, so advisory firms still have a chance to apply and it'll take under 10 min
Time To Play Offense: National Advisors Trust Raises The Stakes Beyond Survival
The post-crash decade reinforced the industry’s zero-sum competitive posture. Now it’s time to surround yourself with people willing to reach higher.
What Morgan Stanley's $13B Discount Dive Means As Industry Consolidation Accelerates
We said Schwab Ameritrade was only a warning shot. Now that wirehouses are locking in assets, channel wars are heating up. Pick your sweet spots now.
Despite Job Cuts At Morgan Stanley And UBS, Financial Advisors Remain Positive About Future
Despite layoffs, the mood around financial advisors and veterans of the field remains positive.
Morgan Stanley Wants To Bring In One Million Wealth Management Clients From Stock Plans As It Attempts To Build One-Stop Financial Shop
The firm is looking to complete this process over the next five to seven years via a variety of offerings on the company’s growing platform.
