In a 3-to-1 vote, the Securities and Exchange Commission passed its rule package that would establish a standard of conduct for broker/dealers. Firms will have about a year to comply with Reg BI and Form CRS.
The former Luminous team recently broke away from First Republic, proof that in the world of RIA M&A, the advisor, not their acquirer, holds the cards and there’s often a culture clash with banks.
By painting climate change with a broad brush, investors are overlooking opportunities to potentially generate compelling market returns and make a meaningful impact on the most pressing issue facing our planet today.
