XML Financial joins roll-up firm Focus Financial.
ClientWorks, the company's adviser dashboard, is now available to more than 11,000 advisers, up from 500 this time last year.
Firm agreed to a settlement that includes a $125,000 fine and $102,632 in restitution.
The firm allegedly conducted an unethical, high-pressure, sales contest among its advisers to encourage clients to borrow money against their brokerage accounts. <b>Plus: <a href="//www.investmentnews.com/article/20160819/FREE/160819909/morgan-stanley-hit-with-150-million-401-k-lawsuit-for-self-dealing"" target=""_blank"" rel="noopener noreferrer">Morgan Stanley is being sued over its 401(k) plan</a>.</b>
Industry trade group, as well as some mutual fund giants, push back against Financial Stability Board's proposal for stress tests.
Plus: Claims of a better robo platform, a bright spot in a dim economic recovery, and health insurance won't be less expensive this year or next
Financial advisers have developed some of the most popular software in the industry, and they have the scars to show for it.
This is the choice we all face on Nov. 8 &mdash; two flawed candidates &mdash; neither of whom represents the principles we aspire to ourselves.
Actionable disclosure information is central to fulfillment of fiduciary obligations and plays an important role in advancing the profession.
Organization that provides financial services to Christians says it would not be able to use its dispute resolution mechanism if it had to adhere to the new regulation allowing class actions.
Some brokerages know what their new annuity commissions will be in response to the regulation. Why are they staying quiet? <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-faq" target="_blank">The top FAQs on the DOL fiduciary rule</a>)</i></b>
Agencies brought more cases against registered advisers than unregistered entities, and certain products featured in many of them.
Texes securities commissioner claims Jens Pinkernell charged clients nearly $47,000 more than he should have over a three-year period.
Here's a cheat sheet laying out the two main candidates' positions on issues including jobs, wages, taxes, Social Security and retirement.
Peter Kohli, the CEO of DMS Advisors, allegedly stole money from investors as the funds neared collapse.
Three early retirees in their 30s and 40s share how they're making their money last.
Three in five borrowers did not try or did not know how to figure out their future monthly payments, according to a new study.
The acquisition will expand the firm's ability to sell financial products through Jefferson National's network of 4,000 RIAs.
