Sponsored by American College’s Cary M. Maguire Center for Ethics in Financial Services, the forum gathers practitioners from financial services companies and business ethicists from academia to discuss key issues facing the financial services industry and to examine the ethical dilemmas executives encounter and the questions ethicists raise in academic environments.
Unlike many corporations that have a mandatory retirement date for senior leaders, the majority of financial advisors are under no such constraints. The advantage is that the industry avoids the problem in which some executives, who still have several productive years left, are forced out prematurely.
Successful advisors often develop meaningful relationships with their clients. This deep attachment makes professional practice so worthwhile. One technique that psychologists recommend in dealing with interpersonal conflict is to “interpret up.”
The #MeToo movement is an important social moment in which women (and those who support them) have had the opportunity to tell their stories. Part of what is happening as a result of this movement is a re-imagining of the boundaries of what constitutes sexual harassment and physical assault.
Massachusetts set off alarms across the brokerage industry earlier this month when it charged Scottrade with violating the DOL fiduciary rule. At the heart of the complaint: allegations concerning the firm’s use of sales contests.
Age discrimination can be hard to prove on the job, but during the hiring process, it’s even more difficult. Employers can so easily say they decided to go another way, or simply not reach out after receiving an application or resume, and there’s little evidence to show that it was because of a person’s age or high school graduation year.