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How a hacker led to Finra censuring and fining a broker-dealer
YOUR PRACTICE FINTECH AUG 20, 2018
How a hacker led to Finra censuring and fining a broker-dealer

Buttonwood Partners of Madison, Wis., fined $50,000 over unauthorized transfers.

Trump complains to donors about Powell's rate hikes
NEWS INDUSTRY NEWS AUG 20, 2018
Trump complains to donors about Powell's rate hikes

President told wealthy Republicans at fundraiser he wasn't in favor of Fed raising interest rates.

Merrill team managing $235 million goes indie with Raymond James
NEWS INDUSTRY NEWS AUG 20, 2018
Merrill team managing $235 million goes indie with Raymond James

Three-person Patton Wealth Management sets up shop in Maumee, Ohio.

Women in same-sex marriages are seen needing more for retirement
RETIREMENT RETIREMENT PLANNING AUG 20, 2018
Women in same-sex marriages are seen needing more for retirement

Because women live longer than men, female couples need to put away more money for their old age, a new report shows.

Bonhill Group completes acquisition of InvestmentNews
NEWS INDUSTRY NEWS AUG 17, 2018
Bonhill Group completes acquisition of InvestmentNews

Publisher Suzanne Siracuse named CEO of InvestmentNews, Frederick P. Gabriel Jr. promoted to editorial director

Wells Fargo brokers managing $179 million move to Stifel
NEWS INDUSTRY NEWS AUG 16, 2018
Wells Fargo brokers managing $179 million move to Stifel

Russ Schwartz and Kaival Patel make switch in Hackensack, N.J.

Ameriprise to pay $4.5 million to settle SEC charges that five reps stole more than $1 million from clients
NEWS REGULATION AND LEGISLATION AUG 15, 2018
Ameriprise to pay $4.5 million to settle SEC charges that five reps stole more than $1 million from clients

Agency censures firm for not protecting clients from thieving brokers.

Galvin goes after California broker, firm after it reaped at least $750,000 on UIT trades
NEWS REGULATION AND LEGISLATION AUG 14, 2018
Galvin goes after California broker, firm after it reaped at least $750,000 on UIT trades

Massachusetts regulator says broker was in debt and facing foreclosure on his home.

Bank team managing $365 million forms hybrid
NEWS INDUSTRY NEWS AUG 13, 2018
Bank team managing $365 million forms hybrid

Firethorn Wealth Partners in Augusta, Ga., will use Chalice, tru Independence.

AssetMark to add $5.7 billion in AUM with acquisition
NEWS INDUSTRY NEWS AUG 13, 2018
AssetMark to add $5.7 billion in AUM with acquisition

Takeover of Sarasota, Fla.-based firm will push assets served by AssetMark over $50 billion.