IAA aims for AML rule revisions; adjusting retirement plans for longevity; one wealth manager’s quest to build financial literacy
Financial Planning
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REGULATION AND COMPLIANCE: New anti-money-laundering regulations will overburden small RIAs, the Investment Adviser Association believes — but in the new political climate, the advocacy group is hopeful the regulations can be revised.
READ: Amid regulatory rollback, advisor group seeks to restart AML debate
RETIREMENT: Retirees are living longer, which some financial advisors and retirement planners don’t take into account — a mistake, according to a paper from DUNHAM & ASSOCIATES INVESTMENT COUNSEL INC.
READ: As life expectancy rises, retirement strategies lag
WEALTH MANAGEMENT: Pat Brown, MBA is bridging the financial literacy gap for student-athletes and others using segment-focused websites and community engagement.
READ: Meet the athlete turned advisor who's on a financial education mission
INDUSTRY NEWS: Despite facing a massive FINRA arbitration award, Stifel made a major recruiting move with its acquisition of a $1.35B team from Raymond James. See other notable moves, deals and hirings of the past week from LPL Financial, Raymond James and more.
READ: Stifel recruits $1B+ team from Raymond James: Advisor Moves
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