The president promised tax increases on the wealthy to pay for ambitious plans to spend trillions on infrastructure, education and other Democratic priorities.
In a filing Wednesday, the agency said it was postponing its decision until June 17. Optimism has been growing that the SEC may finally approve a Bitcoin ETF launch this year.
Melissa Hodgman, who previously was serving as acting director of the enforcement unit, will return to that role, the SEC said.
Account openings at online brokerages have skyrocketed, but the number of problems cited by customers have doubled during the past year.
Training advisers to be financial coaches or mentors is more appealing to the younger generation. Rather than cold-calling or selling insurance or high-priced annuities, these younger advisers would be contacting 'clients' of their firm with the blessing, and fiduciary oversight, of their employer.
Cedar Brook Group, led by William Glubiak, is based in Cleveland and oversees 20 licensed professionals.
Chad Taylor launches Seapoint Wealth Advisors in San Diego using LPL's services for breakaway brokers.
The annuities business, while being an early mover, still lags where some consumers want to see it, according to NYDIG. Recently, several insurance companies have made big investments in the firm.
Halo Investing will offer fixed, variable and registered index-linked annuities from several carriers.
Peter Quartararo told clients he’d buy ‘pre-IPO’ shares in prominent private companies including Peloton and Airbnb.
Clients want steady assurance from a seasoned adviser, but they want it integrated with the most vital tool they use to manage their lives — their phones.
Investors will see a more complete financial picture, not just retirement balances, the company says.
Social Security Administration Commissioner Andrew Saul warns that underfunding the system will increase benefit delays.
The more complicated you make your advisory firm, the less valuable it is. Complexity can also reduce the odds of arriving at a fruitful succession plan.
Robinhood plans to double the number of full-time registered reps this year after recruiting 100 advisers from other firms since 2019.
The regulator has extended its postponement of in-person arbitration proceedings through July 2, but says it expects to resume normal proceedings in some locations as coronavirus vaccinations increase.
The wirehouse reported strong results, but also disclosed a significant hit from trading losses after the implosion of the family office and hedge fund Archegos Capital Management.
It's not easy to keep up with the credits you need under normal circumstances, and the pandemic has made it even harder.
The president's tax package could take aim at a long list of sometimes obscure deductions, exclusions and loopholes that are favorites of the 0.1%.
Like Morgan Stanley, UBS kept its investors in the dark for weeks about the size of the losses it incurred in the collapse of Bill Hwang's family office.
