Despite the broader slowdown in recruiting over the first three months of the year, the RIA and independent broker-dealer channels have continued to bring on experienced advisors at a steady pace.
The Republican AGs are examining net-zero goals that insurance companies have agreed to as part of an industry group.
The disclosures that MML Investors Services delayed making included customer complaints and arbitrations, criminal charges and bankruptcies.
Goldman representatives say the custody operation is on track for success, but don't disclose details.
Investment Management of Virginia was founded in 1982 and has offices in Richmond and Charlottesville.
But the bank warns that it faces billions in potential costs, including about $13 billion in markdowns on Credit Suisse assets and up to $4 billion in legal costs.
As the number of certified financial planners grows, here are the independent broker-dealers who employ the most CFPs.
The management of Adviser Investments, Ropes Wealth and Summit Partners will own the combined firm.
Trusted Wealth Partners in Omaha, Nebraska, is moving to Commonwealth while Connecticut-based Hedberg Wealth Management is going to LPL.
Pontera’s alliance with the Atlanta-based wealth manager is the latest in a string of deals designed to give financial advisors the ability to manage client assets in held-away accounts.
Advocacy group Autism Speaks says that the cost of caring for a person with autism can run an estimated $1.4 million over the course of their lifetime.
The shareholder suit accused the bank of making misleading statements about its compliance with federal consent orders following its 2016 scandal related to unauthorized customer accounts.
Just over half of women who are 25 and older said they don't consider themselves financially secure; 77% of low-income women said the same.
The Windfall Elimination Provision reduction rules affect about 2 million people or about 3% of Social Security beneficiaries.
The American Securities Association says the Labor Department voluntarily dropped its appeal of a Florida court's decision striking down DOL guidance making rollover advice fiduciary.
According to InvestmentNews data, the top two destinations for advisors leaving Securian this year are LPL Financial and StanCorp Equities.
The five-member New Jersey-based team will use LPL's institution services platform and will work with Affinity Federal Credit Union.
In an era of increasingly complex regulatory oversight and possibly the most aggressive SEC ever, breakaway RIAs are realizing that compliance is not something to be ignored.
Like baseball star Aaron Judge, annuity sales set a record in ‘22. Here’s why the retirement income instrument could pop out of the dugout for a curtain call in ‘23.
While the RIA channel is on the ascendant and the advisor population is not growing fast enough to meet demand, don’t count out independent broker-dealers.
