Jordan Maxwell

Jordan Maxwell

I write financial news for Wealth Professional.

Contact me via email: [email protected].
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Expect more competition for the big accounts

Independent wealth management firm uses robots to let real advisors focus on growing high net worth clients.

Former Livent VP receives OSC judgment

Gordon Eckstein, one of the key players in the Livent Entertainment financial fraud scandal, was given a lifetime ban from the Ontario Securities Commission.

Hearing for Livent exec Friday

The OSC will determine what if any censure a former executive at Livent Inc., responsible for theatre greats like the Phantom of the Opera, will face following a hearing Friday May 22.

How much trust is too much?

There may be an unintended consequence to the holistic approach a growing number of advisors are now adopting.

Court: Bank mismanaged millions in convict’s trust account

An elderly woman has been awarded $77m after alleging a bank frittered away tens of millions of dollars placed in trust by her convict son.

Robo firms taken down a notch

Heat from his advisors may have forced Schwab’s CEO to downplay the importance of his new robo-advisor service.

Two charged in $4-million Ponzi scheme

Investigators from the Peel Regional Police Fraud Bureau have charged two men with using an alleged Ponzi scheme to bilk 24 investors of more than $4 million.

Launch of key mutual funds

Funds launched by Fidelity Investments aim to provide investors with long-term solutions as the economy continues to struggle through low-interest rates and energy prices.

Judge rules client – not advisor – responsible for loss

A ruling from Canada’s highest court suggests clients – and not their advisors – will have to carry the can for rash investment decisions, that’s with or without a fiduciary standard.

Clients duped by their own ‘greed’

The investment was “economically impossible,” says the securities commission, but the fact investors flocked to take part speaks to what little advisors can do to stop them.