Archive for November, 2017

#MSUM17 Headliners and faculty announced. The time is now to join us December 4-7 at the iconic Fontainebleau in Miami Beach.

Monday, November 20th, 2017

Read the press release here.

“I think there are a large collection of advisers upset and who feel they have been gamed.” Sharron Ash @HamburgerLaw talks with @JohnAidanByrne @nypost.

Monday, November 20th, 2017

Morgan Stanley has locked the gates to keep its high-priced wealth management brokers from fleeing.

“I think there are a large collection of advisers upset and who feel they have been gamed,” said Sharron Ash, chief litigation counsel for the Hamburger Law Firm. “They joined Morgan [Stanley] under the protocol and now the rug has been pulled out from underneath them. I do expect there is going to be litigation as a result of the Morgan [Stanley] decision,” said Ash. “I don’t think Morgan Stanley is dropping out of the protocol without the intention of enforcing its restrictive covenants.” Ash further stated, “Clients could have their relationships with an adviser of their choice interrupted for a period of time. They may not even be able to find their adviser once they leave a firm.”

Read more here.

Marc Cohen (@mcohen429) speaks to @Wealth_Mgmt at #SchwabIMPACT @Schwab4RIAs.

Friday, November 17th, 2017

Advisor conferences come in all sizes. MarketCounsel’s Marc Cohen compares and contrasts.

Watch here.

“There’s really only one way to ‘fix’ the protocol – it’s for the SEC to amend Regulation S-P to codify the broker protocol for all” @newsfromIN editorial from Sharron Ash @HamburgerLaw.

Thursday, November 16th, 2017

Read more here.

“The rule allows brokers, who are often the first ones to notice that a client is being exploited, to step in”. @danbernstein speaks with @VeronicaDagher @WSJ.

Thursday, November 16th, 2017

Financial advisers are increasingly using their ability to oversee client assets to root out and prevent one of the biggest problems facing older Americans: financial fraud.  This problem… has gotten so acute that financial regulators earlier this year approved a new rule aimed at safeguarding client assets from being distributed.

“The rule allows brokers, who are often the first ones to notice that a client is being exploited, to step in,” says Daniel Bernstein, chief regulatory counsel at MarketCounsel, a firm in Englewood, N.J., that helps advisers comply with investment regulations.

Read more here.

Today, we released the full curriculum for #MSUM17 and I don’t mean to spoil it, but it’s AMAZING! Don’t miss out… see you in Miami!

Monday, November 13th, 2017

Matt Brinker @mkbrinker, Chief Business Development Officer of @United_Capital, and John Hyland @hylandcfp, Executive Officer of @privateADVgroup, join the faculty of #MSUM17 to discuss the challenges inherent in expanding a firm.

Saturday, November 11th, 2017

Russ Hill, CEO of Halbert Hargrove @HHadvisor and a longstanding pillar of the #MSUM17 community, joins the faculty to share lessons learned on passing the baton to successors.

Saturday, November 11th, 2017

Knut Rostad, President of The Institute for the Fiduciary Standard @CmtForFiduciary, joins an esteemed panel at #MSUM17 to distinguish broker and advisor models.

Saturday, November 11th, 2017

@RIABiz: Reveals #MSUM17 curriculum; “wattage of the MarketCounsel Summit just shot up”; conference value “rising like a growth stock” with @HDelux

Friday, November 10th, 2017

During the interview revealing the curriculum, Southall said, “You need to stop; this is just too much.”

Read more.