At the start of summer, we interviewed financial advisors and leaders at wealth management firms to learn how they were responding and adapting to these unprecedented times as highlighted in our blog post—Many Rivers to Cross: How Wealth & Retail Firms are Navigating this New World Order. Common themes emerged from these conversations including: surmounting technological challenges, maintaining company culture Continue Reading
Author: Katie Weintraub
Securities Class Actions Landscape: Three Trends from H1 2020 for Wealth Managers
Cornerstone Research recently published its Securities Class Action Filings 2020 Midyear Assessment. This blog post distills some of the key findings from that report. All trends information and figures are attributed to Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse. Trend #1: Filings are down from last year but remain higher than historical averages In the first Continue Reading
What Regulation Best Interest Means for Wealth & Retail Managers
Last month, despite the market disruption caused by the global pandemic, the SEC announced they had no plans to extend the June 30, 2020 compliance deadline for Regulation Best Interest. This decision may present challenges for firms who have had to divert resources from Reg BI readiness towards addressing the impact of Covid-19 on business operations. For firms who are Continue Reading