C2P

Crain’s Cleveland: Prosperity Capital Advisors names Douglas King as president and CEO


Prosperity Capital Advisors, a Westlake-based registered investment advisor, has named Douglas King as its president and CEO. Read Full Article

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Yahoo! Finance: Prosperity Capital Advisors Names Industry Veteran Douglas S. King, CFP® President and Chief Executive Officer


Prosperity Capital Advisors (PCA) has named industry veteran Douglas S. King, CFP®, formerly of Cetera Advisor Networks LLC, as its president and CEO. King will lead the SEC Registered Investment Adviser firm whose mission is to support independent financial advisors across the country dedicated to providing holistic financial planning. Read Full Article

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Financial Advisor Magazine: Prosperity Capital Advisors Names New CEO


Prosperity Capital Advisors, an RIA based in Cleveland that provides financial planning and asset management solutions to investment advisors, has named Douglas S. King president and CEO, Prosperity Capital Advisors announced Monday. Read Full Article

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Life Health Pro: “IMOs to DOL: Fiduciary rule class exemption sets too high a bar”


In respect to the last, the DOL proposal estimates that an IMO with average sales of $2 billion could satisfy this liability requirement by setting aside $20 million. If valued at 7 percent (3 percent net), the IMO’s “attendant opportunity cost” would total $1.4 million ($600,000 net) in the first year. Read Full Article

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InsuranceNewsNet: “IMOs Call DOL Fiduciary Exclusion Unworkable”


Regulatory thresholds proposed for independent marketing organizations (IMOs) to participate in the sale of fixed indexed annuities are so high as to be virtually worthless and unworkable for the bulk of the IMO industry, industry experts said. Read Full Article

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Life Health Pro: “Set yourself apart”


At the beginning of my career, a big mistake I made for quite a long time was being just like everybody else. There was nothing unique I did as a broker. Differentiating yourself can be the key to standing out and creating a strong and loyal client base. Read Full Article

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Life & Health Advisor: “Traversing a Brand New Regulatory Landscape”


With the passing of the U.S. Department of Labor’s fiduciary ruling in April of this year, the real work has begun for the financial services industry. Read Full Article

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Mass Mutual: “Five Things You Need to Know About the DOL Rule”


How well do you understand the Department of Labor’s fiduciary rule change and what it means for your advising operation and business? Here are five things you need to know right now. Read the Full Article

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Life Health Pro: “Fiduciary rule causes insurers to pull back on financial products”


State Farm Insurance says it will not be accepting liability under the Best Interest Contract (BIC) on the sale of annuities or mutual funds by the more than 12,000 of its agents throughout the U.S. who have licenses to sell securities. Read Full Article

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Yahoo! Finance: “Clarity 2 Prosperity to Provide New, Fee-Based Fixed Indexed Annuity Product to Investment Advisory Channel”


Sister companies, Clarity 2 Prosperity (C2P), the coaching and insurance division, and Prosperity Capital Advisors (PCA), an SEC Registered Investment Adviser, announce the distribution of a new fee-based fixed indexed annuity with optional guaranteed income rider is now available through its organization. Read Full Article

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