The U.S. Securities and Exchange Commission does not define “best interest” in Regulation Best Interest.  So how are we supposed to comply with a concept without a definition?  Good question.  We have to look to guidance from the Securities and Exchange Commission and FINRA on what they mean by best interest.   SEC Chairman Jay Clayton has stated that...

It’s forecasted that this decade we will face the loss of 12,000 advisors per year, as a major retirement wave will hit the financial services industry. As the industry braces for this massive exodus, The Leaders Group wants to help you better understand the importance of business succession and provide you with resources to create...

For those of you allowed to conduct retail securities business by your employer, The Leaders Group previously charged a $200 transaction fee for any personal production business submitted to us. This fee covered the cost for processing business submission, as an alternative to charging the full retail affiliation fees. Effective immediately, we will no longer...