Thoughts on Investing (Winter 2019) – Changes in the RIA Industry and what they may mean for investors

  |  December 11, 2019

Download printable newsletter Back in October, Charles Schwab & Co. made headlines when they announced they would charge zero commissions for trades of Equity and Exchange-Trade Funds (ETFs). Other discount brokerage firms, such as TD Ameritrade and Fidelity Investments, soon followed suit. But TD Ameritrade, which attributes a greater percentage of its revenues to trading... Read More

Federal Bank Regulatory Agencies and FinCEN Issue Joint Statement on Risk-Focused Supervision

  |  July 29, 2019

Over the past several years, banks and other financial institutions have increasingly directed their Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) due-diligence efforts toward cash-intensive businesses that have a heightened level of risk of becoming a party to money laundering or terrorist financing activities – whether intentionally or unwittingly. Often, gaming enterprises are the focus of this attention. These due-diligence efforts have in some cases resulted in financial institutions opting not to do business with casinos. Read more. Read More