Advisors with the Certified Financial Planner distinction tend to have higher levels of trust among clients and earn, on average, 20% more than other advisors, according to a study funded by the CFP Board of Standards and conducted by the Aite Group. So reports AccountingWeb.
Fidelity is developing the “Total Advisor Platform,” which will serve as a single platform for Fidelity advisors, broker-dealers, banks and family offices, says Edward O’Brien, head of platform technology and senior v.p. at the firm. So reports Wealth Management.
Galen Marsh, who as a Morgan Stanley advisor downloaded client data to his home computer without permission, has been sentenced to three years of probation and ordered to pay $600,000 in restitution. So reports JD Supra Business Advisor.