Department of Labor investigation found employer failed to forward employees’ contributions.
InvestmentNews technology editor Ryan W. Neal sits down with Andrew Salesky, head of digital adviser solutions at Charles Schwab, to get an update on the ongoing TD Ameritrade integration and the latest digital developments for advisers using Schwab's platform.
The agency says the RIA unit, which breached fiduciary duty over compensation from an affiliate, consented to a cease-and-desist order and a censure.
Securian will serve as the pooled plan provider and ERISA 3(16) fiduciary, while Strategic Retirement will provide ERISA 3(38) investment management and consulting services.
Alerus serves as the designated 3(16) plan administrator and T. Rowe Price serves as record keeper.
The three advisers, based in Spokane, Washington, will operate as Panorama Wealth Management of Raymond James.
Randall Pickett joins LPL’s employee channel. The Pickett Group of LPL Financial will be the second team to join the Linsco office in Dallas.
The deal for Emerson Wealth, which is based in Bloomfield Hills, gives Mariner its second office in the Detroit area.
BNY Mellon says most investors, particularly Gen X and millennials, want their adviser to understand their values.
The program offers independent branch owners turnkey administrative support from experienced branch associates.
