Edward Prewitt, a 20-year veteran of Wells Fargo Advisors and its predecessor, A.G. Edwards, is being pressed for information about Hunter Biden and the Biden family’s foreign business deals by the House Committee on Oversight and Reform.
James Comer, R-Ky., the ranking committee member, is calling on Prewitt to provide all documents, communications and information related to suspicious activity reports that were triggered by actions of Hunter Biden, other family members and associates, according to a release by the committee.
Prewitt, a former Clinton Administration political appointee, advised Hunter Biden on financial transactions when U.S. banks were flagging suspicious activity by the Biden family.
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
