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Confidential IRS data reveals that David Hoeft, chief investment officer of mutual fund giant Dodge & Cox, was one of many investment managers who bought and sold the same stocks their company was trading.
Confidential IRS data reveals that David Hoeft, chief investment officer of mutual fund giant Dodge & Cox, was one of many investment managers who bought and sold the same stocks their company was trading.
Reverse churning is the practice of charging a flat fee for idle accounts. It is a form of fraud since in doing so you are breaching a fiduciary duty to your client, who would be better served with a per-transaction fee structure. It can cost your firm its money, its clients and potentially even its […] The post Why Financial Advisors Must Avoid Reverse Churning appeared first on SmartReads by SmartAsset.
Establishing a registered investment advisor (RIA) firm requires making some important decisions. Among them is selecting a custodian or multiple custodians to maintain client assets and securities holdings. Understanding what the RIA custodian does (and does not do) is the first step in choosing one to work with. Ready to scale your business? SmartAdvisor can […] The post What Is a RIA Custodian? appeared first on SmartReads by SmartAsset.
The regulator like Securities and Exchange Board of India (SEBI) in the Indian stock market plays a critical role. They ensure market integrity, investor protection, and maintaining a level playing field for all participants. SEBI...