InvestmentNews

InvestmentNews
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Vanguard, Fidelity, Pimco are top three fund firms among RIAs
MUTUAL FUNDS AUG 07, 2018
Vanguard, Fidelity, Pimco are top three fund firms among RIAs

DFA rises to fourth most-popular from sixth place in 2016.

Wells Fargo broker managing $150 million moves to Baird
WIREHOUSES AUG 06, 2018
Wells Fargo broker managing $150 million moves to Baird

Harry Buchanan Smith and team joins firm in Charlotte, N.C.

RIA firms optimistic about hiring and asset growth
RIA NEWS AUG 01, 2018
RIA firms optimistic about hiring and asset growth

Study: Biggest concerns are cybersecurity, a possible market downturn and regulation

Despite 20% asset growth, RIA margins declined in 2017
RIA NEWS AUG 01, 2018
Despite 20% asset growth, RIA margins declined in 2017

TD Ameritrade says median operating margin dropped to 20% from 24% in 2016, survey finds.

Vitesse Media to buy InvestmentNews in $27.1M deal
RIA NEWS JUL 31, 2018
Vitesse Media to buy InvestmentNews in $27.1M deal

London-based buyer to gain toehold in U.S. media market in transaction expected to close mid-August. InvestmentNews leadership team remains intact.

Four Wells Fargo reps managing $550 million go indie with Raymond James
INDEPENDENT BROKER DEALERS JUL 31, 2018
Four Wells Fargo reps managing $550 million go indie with Raymond James

Each will operate his own businesses from one location in Roswell, Ga.

Fidelity seeks injunction against rep who oversaw $2.7 billion
REGULATION, LEGAL & COMPLIANCE JUL 31, 2018
Fidelity seeks injunction against rep who oversaw $2.7 billion

Laurence Rollins accused of taking trade secrets to new employer.

Eight-person team managing $930 million leaves Merrill Lynch
RIA NEWS JUL 30, 2018
Eight-person team managing $930 million leaves Merrill Lynch

Millennial-dominated group creates hybrid firm and links with Dynasty

Finra asking firms for comments on fintech innovation
FINTECH JUL 30, 2018
Finra asking firms for comments on fintech innovation

Regulator wants to know what it can do to provide support.

IRS provides guidance on 529 plans
REGULATION, LEGAL & COMPLIANCE JUL 30, 2018
IRS provides guidance on 529 plans

IRS OKs up to $10,000 in K-12 spending and rollovers to ABLE accounts; makes recontributing tuition refunds to 529s tax-free.