The broker and Next Financial Group Inc. are on the hook for more than $1 million in penalties.
The law firm behind one of the cases is well-known for its 401(k) and 403(b) litigation: Schlichter Bogard.
116 funds were recognized with a Lipper Fund Award over the five-year period, and 108 funds won the prestigious trophy for the 10-year period.
'Last year saw bigger Finra fines per case,' a lawyer says. 'Supersized fines, or those of $1 million or more, were up, and mega-sized fines, or those of $5 million and more, increased too.'
The proposed budget seeks to increase taxes for corporations and the wealthy.
A host of new rules and regulations impacting high-net-worth individuals take effect this year, not to mention a significant old one that’s expiring at the end of 2025.
The broker-dealer moves to the forefront with education, training, and resources in ‘prudent embrace’ of innovative products.
Minnesota advisors join the firm after overseeing around $700M in assets at Osaic.
The Kansas-based advisory practice, which has been in operation since 1960, pushes one of Osaic’s enterprise OSJs past the $1B AUM mark.
Wealth giant agrees to acquire platforms to future-proof its certificates of deposit offerings.
Research from MassMutual underscores gaps between retirees and pre-retirees, as well as evolving views on retirement satisfaction.
Citadel, KKR & Co. and Blackstone Inc. are among the firms that have been talking about strategies to blunt SEC penalties related to the use of messaging apps.
Bob Oros, CEO of Hightower, sits down with InvestmentNews anchor Gregg Greenberg to discuss the M&A environment in the RIA industry and the prices PE-backed firms are willing to pay to grow. Read More
Mark Marex, director of index research and development at Nasdaq, sits down with InvestmentNews anchor Gregg Greenberg to discuss the long-term success of the Nasdaq-100 index and the triple QQQ ETF that tracks it. Read More
Andy Sullivan, executive vice president at Prudential, sits down with InvestmentNews anchor Gregg Greenberg to discuss the convergence of asset management and insurance in the wealth management industry. Read More
Michael Cuggino, president of Permanent Portfolio Funds, sits down with InvestmentNews anchor Gregg Greenberg to discuss the rise in gold prices, as well as the benefits of a well diversified portfolio that includes precious metals. Read More
Sam Weitzman, product manager at Western Asset Management, sits down with InvestmentNews anchor Gregg Greenberg to explain why municipal bonds are ideal investments this upcoming tax season. Read More
Pete Miller, head of insurance solutions at Invesco, sits down with InvestmentNews anchor Gregg Greenberg to explain why higher interest rates are positive for investors looking to purchase annuities and other insurance products. Read More
Venue: Conrad New York Downtown InvestmentNews’ RIA Connect series is the key in-person networking and troubleshooting platform for RIA business owners, practice managers, and operations leaders. Against a backdrop of an ever-changing business landscape, there’s never been a greater time for RIAs to come together to develop best practice management and engage with strategies that will help futureproof their firms, optimize their client services, bolster bottom lines and accelerate business growth.
Venue: JW Marriott Chicago We invite women advisors and their allies to join us for the Women Advisor Summit, an event dedicated to the growth and success of women in the financial advice industry. Since 2015, InvestmentNews has created a unique forum where women advisors and those who support them can connect with each other and the latest ideas in practice management, career growth, and industry trends. You will return to your practice inspired with practical ideas, new tools and valuable connections with your peers and industry influencers. Get ready to enjoy a day of community, connection and even CE credits.
Venue: 583 Park Avenue, New York Featuring a brand-new independent judging panel, exciting award categories for organizations and professionals alike, and a glamourous awards ceremony, this event is celebrating New York’s most outstanding leaders in the 5-star style they deserve.
Discover unparalleled strategies for high-net-worth clients, optimizing their tax benefits and amplifying their philanthropic impact.
Crypto markets have been marked for their volatility and "winters”, but after the recent approval of spot Bitcoin ETFs, is the industry finally ready for advisors? Don’t miss this exclusive session.