The Redtail incident cost at least one advisor a client, and shines a light on industry and regulatory inadequacies in cybersecurity reporting and enforcement.
LPL failed to register 651 advisors in the state and notify regulators of almost 800 reportable events, according to the state securities regulator.
Threats of litigation won't slow states from moving to institute their own fiduciary standards, but the thorny question of whether Reg BI trumps state laws will ultimately be decided in the courts.
True North Retirement Advisors CEO Ashley Micciche figured out how to raise a family and build her business.
Timing a hiring decision can be more art than science.