Many advisors launch successful marketing campaigns that build large pools of prospects only to fail to cultivate new clients. More specifically, some advisors have a dismal success rate in finding new clients from among long lists of subscribers to their blogs, newsletters and social media sites.

Email is a financial marketer’s dream come true: it’s inexpensive and customizable.

Broker-dealer Oppenheimer Holdings has disclosed that it is under investigation by three different regulators for matters related to money laundering, penny stock sales, record keeping and supervising of a former broker. So reports Reuters.

J.S. Oliver Capital Management of San Diego has been hit with a $15 million fine over charges by the Securities and Exchange Commission that it cherry picked trades and misappropriated clients’ money. So reports the Associated Press.