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DOL’s ESG rule an instance of America’s divide
NEWS OPINION NOV 09, 2020
DOL’s ESG rule an instance of America’s divide

It appears unlikely a Biden administration would be able to overturn the rule

Her Success Matters: Pam Stross, CEO, TruClarity
NEWS INDUSTRY NEWS NOV 08, 2020
Her Success Matters: Pam Stross, CEO, TruClarity

Pam Stross, CEO of TruClarity Management Solutions, talks about how female leaders can build pathways for the next generation of female advisers who aspire to C-suite roles.

Working at home may affect state taxes, says AIPCA
RETIREMENT TAX NOV 06, 2020
Working at home may affect state taxes, says AIPCA

Survey finds that 55% of those who have worked remotely are unaware of the possible tax effects

Focus Financial reports higher net third-quarter income
NEWS RIAS NOV 05, 2020
Focus Financial reports higher net third-quarter income

The advisory firm partnership also reported a 4.7% revenue gain

Wells Fargo to freeze raises for high earners
YOUR PRACTICE PRACTICE MANAGEMENT NOV 05, 2020
Wells Fargo to freeze raises for high earners

The bank plans to halt increases in base pay in the coming year for employees earning more than $150,000

SEC charges phony New Jersey adviser with $5 million fraud
NEWS REGULATION AND LEGISLATION NOV 04, 2020
SEC charges phony New Jersey adviser with $5 million fraud

Terrence Chalk allegedly ran a Ponzi-like scheme that promised 12% annual returns

Super OSJ overseeing $975 million shifts to Royal Alliance from Penn Mutual
YOUR PRACTICE PRACTICE MANAGEMENT NOV 03, 2020
Super OSJ overseeing $975 million shifts to Royal Alliance from Penn Mutual

Pacific Capital Resource Group, based in Bellevue, Washington, supervises 40 reps

Family trio managing $200 million at Wells Fargo goes indie with LPL
NEWS BROKER DEALERS NOV 03, 2020
Family trio managing $200 million at Wells Fargo goes indie with LPL

Trilith Wealth Management maintains offices in West Virginia and Florida

Italian asset manager Azimut takes stake in Sanctuary
NEWS RIAS NOV 02, 2020
Italian asset manager Azimut takes stake in Sanctuary

The investment will fuel Sanctuary’s plans to acquire more advisory firms

Eaton Vance completes takeover of $2.3 billion WaterOak
NEWS RIAS NOV 02, 2020
Eaton Vance completes takeover of $2.3 billion WaterOak

Assets of the Florida-based RIA were acquired by Eaton Vance Investment Counsel