DOL Digest October 19, 2016

SSN Marketing DOL

Mutual fund share classes and their respective costs have come under greater regulatory scrutiny in recent years. The proliferation of funds and share classes has created a universe of more than 24,000 different investments, according to an April 2016 article in Investment News. While many fund companies offer fairly standard A, B, C and I shares, others have created up …

DOL Digest August 1, 2016

SSN Marketing Compliance, DOL

When it Comes to Conflicted Compensation, It’s All About That BICE With apologies to pop singer Megan Trainor, when it comes to receiving differential or non-level compensation under the Department of Labor’s (DOL) new fiduciary rule, it really is “all about that BICE.” The Best Interest Contract Exemption (BICE) is a prohibited transaction exemption within the new fiduciary rule that …

Converting to Advisory

SSN Marketing Practice Development

Portfolio Construction vs. Investment Planning By Corey Keltner, Practice Development Specialist A number of SSN reps have recently asked about the logistics of moving to advisory. Many have been happy to keep client accounts at a mutual fund or variable annuity company for most of their careers. Others have been using brokerage commission accounts. It seems that the potential regulations coming …

Securities Service Network Expands Encompass Program on FolioDynamix Wealth Management Technology Platform

SSN Marketing News

Leading Independent Broker Dealer Rolls Out Full Lineup of Third-Party Managers Vetted by FDx Advisors 9:00 AM, September 01, 2015 NEW YORK, Sept. 1, 2015 (GLOBE NEWSWIRE) — FolioDynamix, a leading provider of wealth management technology and advisory services, today announced that Securities Service Network (SSN), a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT:LTS), is expanding …