The settlement stemmed from potential claims related to Merrill's "management and oversight" of brokerage accounts opened by the owner of Jay Peak, the failed Vermont ski resort.
The deal represents the fourth such acquisition over a year for Newport Beach, California-based SageView, which last year sold a majority stake to Aquiline Capital Partners.
While investing in single stocks can expose investors to more volatility, the feature lets customers stay diversified while also allowing them to buy shares of their favorite companies.
New York says insurer improperly engaged in pension risk transfer business.
A pending decision by the Supreme Court could change 401(k) fee lawsuits in a big way.
The deal gives Smart a massive boost in managed accounts and personalized services for its future clients. Hub and NFP also announced deals Thursday.
National Securities Corp. and Calton & Associates Inc. reported increased expenses in light of potential legal costs.
Elliott, president of Grid 202 Partners, an RIA in Washington, D.C., takes on the role as the organization has been promoting diversity in the financial advice profession.
It's getting tougher to do the right thing, with the right people, at the right time. But here are some steps you can take.
Despite last year’s riot at the Capitol and a variety of lethal Covid-19 variants, the broad stock market roared, which is always good news for financial advisers and their firms.
Millions of consumers are already creating free financial plans right from their mobile phones, meaning the ability to create customized plans may become commodified.
Over the last 25 years, legislative changes have increased retirement assets but disproportionally benefited the wealthy, with average inflation-adjusted savings for low-income people declining, according to the recent paper.
The decision by Finra arbitrators is another win for advisers who say the firm owes them money after an October 2015 decision to shut its U.S. private bank.
The majority of global financial service institutions are facing serious issues related to securing their stored data, according to a recent survey by data storage company Continuity.
Survivors are subject to an earnings limit if they claim the benefit before reaching full retirement age.
Republican commissioners have criticized SEC Chairman Gary Gensler's expansive agenda.
If you want to grow and improve, you've almost certainly got to change. But embracing change is one of the hardest things you can do.
The agency said it needs another 60 days to make a determination, pushing the new deadline to March 16.
403bwise is using a traffic-light rating system as it starts to assess the retirement plans that school districts offer teachers.
The conversation with a participant is not about selling a product. It’s about listening, identifying needs and solving problems.
