Secret “Q system” ledger, 10‑year clawback and tough bans put schemers on notice
As the OpenArc litigation drags on, Merrill Lynch is absorbing another recruiting blow with a $1 billion advisor team defecting to Janney Montgomery Scott.
Trade group urges regulators to loosen investment restrictions and clarify ERISA rules for new child savings vehicles.
Shaping Wealth has also added a seasoned fintech veteran to its own C-suite, while Nitrogen unveils an AI agent alongside other updates to enhance client meetings.
As complexity in wealth management surges, advisory firms that pair intentional change management with smart technology will gain a decisive edge.
Former senior advisor at Wall Street firm tells InvestmentNews how large organizations have limited ability to adapt to evolving landscape.
False contract claims, inflated leasing numbers, and millions in fees investors never knew about.
The guaranteed returns stopped. The excuses didn't.
Governor outlines a push for greater transparency in bank supervision and capital rules, signaling potential impacts for lending conditions, financial markets and investor stability.
Strategic backing delivers capital, infrastructure and institutional resources for growth for former UBS advisors.
New suite targets long-standing pain points around risk modeling, data reconciliation, and advisor competency in digital assets.
Jump and Avantos each raised big funding rounds this week, marketing themselves as “AI-native operating systems” for advisors at top RIAs and custodians—counting Mercer, Merit, Focus Financial Partners, SEI and Vanguard as early adopters.
It's the era when artificial intelligence software is replacing back office jobs.
Scott Brown’s will oversee Morningstar Direct, data feeds, and advisory tools as the firm continues to build unified intelligence around public and private market analytics.
Also, Orion and Nitrogen have each announced strategic integration updates that could strengthen their support for retirement-focused advisors.
Deal expands retirement plan consulting reach while keeping staff, clients and services intact ahead.
Data shows advisors increasingly converting plan participants into clients.
The new rule would give certain funds an additional 15 days to file monthly portfolio-related reports, and would reverse the 2024 shift to publication more frequent than quarterly.
Wealth management firm’s business advisory arm adds business reputed for financial intricacies of the music business.
Wells Fargo has also extended its reach in Alabama with another UBS defection, while Cetera welcomes a breakaway advisor from the wirehouse.
