Cetera bolsters credit union commitment with new council
Seven founding members from Cetera’s credit union partners are coming together in a forum to improve wealth offerings in the sector.
Are 401(k)s the ultimate retirement plan?
Advisors weigh in on the impact the DOL’s retirement security rule will have on 401(k) plans and retirement.
Raymond James signs $243M advisor from Wells Fargo
The industry veteran with two decades of experience will reinforce the brokerage firm's presence in Tennessee.
Ascensus seals deal for beefy $3.9B 401(k) business
The third-party administrator will take over 2,300 plans from its long-time partner, Mutual of Omaha.
Omaha senior loses thousands to Dave Ramsey impostor
A scammer lured the 72-year-old into a fraudulent bitcoin investment by spoofing the advisor-cum-radio show host’s website.
HSAs as investments on the rise, but use still low
Few people are taking full advantage of the 'triple tax benefits' of health savings accounts, according to EBRI research.
Bankman-Fried gets 25 years in prison for FTX fraud
'There is a risk that this man will be in a position to do something very bad in the future,' the judge says. 'And it’s not a trivial risk. Not a trivial risk at all.'
Kestra Financial unveils partnership with $600M firm
Based in New York, the multigenerational HNW practice expects to build on its meteoric growth record while elevating its service offerings.
Wealth Enhancement Group gains ground in Florida
The firm has acquired a $226 million RIA, landing its 12th office in the Southeastern wealth hot spot.
LPL welcomes $250M team from Wells Fargo
The Brick, New Jersey-based team includes a veteran advisor and two siblings.
B. Riley gets extension to file audited financials
The firm has been given until April 29 under its existing credit agreement with Nomura Holdings, it said in a filing.
AI is facilitating financial fraud, Treasury warns
Advances in artificial intelligence make it easier for criminals to impersonate customers and craft increasingly sophisticated email phishing attacks, according to a report.
US investors still willing to trade returns for impact despite declining interest
Impact investing is showing weakness in international markets too.
Altruist launches high-yield cash product for advisors
The new product arrives as saving rates and returns are subdued.
New records for stocks as quarterly gain approaches
Global equities advance but markets await Fed inflation data.
No rush to cut rates, says hawkish Fed governor
Christopher Waller says recent inflation data have been disappointing.
Blackstone CEO bullish on private credit
Steve Schwarzman eyes healthcare, real estate for expansion.
UBS boss gets $16M but bonuses are cut for traders
Despite challenging conditions, the bank has posted a record profit.
It’s official: Health care costs trump retirees’ other concerns
Poll of US seniors reveals that worries over health care expenses impact other areas, but only one-third have saved for health costs.
FusionIQ launches unified investment platform
The new platform brings together various investments including digital assets, special purpose vehicles, ETFs, and SPVs.