Barred Texas broker sold GPB fund without a license: SEC
"The only way to really address recidivism is through bringing criminal cases," one attorney said.
Wealthtech startup Altruist ascends to $1.5B valuation
The LA-based fintech challenging goliaths Schwab and Fidelity secures new fundraising after its revenue quintupled in 2023.
RFG welcomes former Edward Jones advisor in North Carolina
The breakaway advisor with 20 years of industry experience is launching his own practice for business owners and high-net-worth individuals.
LPL expands in Michigan with father-son advisor duo
The two breakaway advisors are launching their own independent practice after managing a book of $240M at Ameriprise.
Family, prudence shape Asian Americans’ financial habits
Fidelity research reveals multigenerational focus and hands-on stance on finances among Asian Americans and Pacific Islanders.
Cetera arms advisors with active ETF guidance
The broker-dealer and RIA network’s vetted list provides intel on active ETFs across equity, fixed income, and alternative asset classes.
Big asset managers silent over ESG backlash
Regulatory uncertainty, performance, and politicization has discouraged some advisors and fund shops.
BlueRock invests in Townsend for private wealth expansion as Aon sells firm
Alternative asset manager and investment firm will target wealthy individuals.
Most people overvalue their time, underestimate their retirement savings
Empower study reveals people’s perceptions are often way out.
Investors are impatient, they want big earnings
Lacklustre results from corporates wont cut it after stock rally.
World economic outlook looks better, avoids stagflation
OECD says inflation should prove less of a problem for many economies.
Why global money is buying Hong Kong stocks right now
Fed's interest rate decision has further fueled Hang Seng Index.
Does bitcoin slump suggest trouble ahead in global markets?
Crypto 'canary' may signal future shocks.
How ex-Amazon employee grew his tech client base
A shared language and data-driven, iterative approach has enabled advisor to foster long-term relationships in his niche.
Bond mutual funds rake in $108B to snap two-year flows drought
The script has flipped in fixed income as figures show ETFs lagging mutual fund flows, with the bulk going to active bond funds.
College for Financial Planning expands paraplanner course for Spanish clients
The financial advisor education company is expanding the course to address the needs of the high-potential Hispanic market.
LPL shares hit fresh high after strong earnings
"Recruiting is as strong as ever" at LPL, one analyst noted.
If the Fed cut rates in the forest, would advisors notice?
Despite all the conversation and consternation on Wall Street, the Fed has not moved interest rates since last July.
How much are parents willing to cover for their kids’ college?
Northwestern Mutual poll reveals their expectations around splitting education costs, as well as Americans’ broader financial preparedness.
For retirement-age investors, it’s about keeping their nest eggs safe
Survey of pre-retirees and retirees reveals a major focus on capital protection, with a strong preference for stability and guaranteed income.
