Suit: J.P. Morgan Acted As “Double Agent” with Cash Sweep Program

Published on August 26, 2024

The lawsuit, which seeks a class action, was filed in New York federal court last week. It follows similar suits brought against UBS, Ameriprise and LPL Financial.

Continue reading on website
Other news

How Do You Decide to “Graduate” a Client?

August 26, 2024
As tough as financial advisors claim to be, we still get nervous about “firing” clients, too. When we say “graduate,” that is our delicate way of handling an uncomfortable situation. It’s a cheap, but effective way to massage the misgivings that we have about terminating client relationships.

Bridging the AI Confidence Gap Between the C-Suite and Advisors

August 26, 2024
The potential of AI in wealth management is undeniable, but realizing that potential requires more than just adopting the latest technology. By engaging advisors in the process, providing thorough training, and setting realistic expectations, firms can bridge the gap between C-suite optimism and frontline reality.