The allegations fell under section 36(b) of the Investment Company Act — a strategy that has been unsuccessful for numerous plaintiffs who sue investment managers
The industry icons expressed differing views on the future of advice during InvestmentNews’ FinTech Virtual Summit
The brokerage industry self-regulatory organization says the hike is needed to address structural deficit
Scott Southerland, Jeff Cox, Mark Whitley and Josh Holby move to Pinnacle
Transactions during the quarter totaled 55, with many involving ‘professional’ buyers, Echelon reports
These motivational women explain the importance of supporting other women within the industry
Advisers find even nonreligious clients are embracing faith-based strategies
In a move to enhance oversight of the credentials, new rules strengthen the board’s ability to enforce code of ethics and standards
Numerous other state auto-IRA programs are in development, and the plans should be thinking about drawdown strategies, a report suggests
Merrill Lynch is making changes in the way it manages young advisers and trainees
Fairway Wealth Management will become the second Focus firm in Ohio
Acquisition of RIA firm will add to footprint in Middle Atlantic states
At the same time, Toronto-Dominion Bank’s acquisition of an ownership stake in the Charles Schwab Corp. was also approved
The Fed also signed off on Morgan Stanley's purchase of ETrade, which is expected to close Friday
Moore, chief operating officer for Dallas-based Quest Capital Management, is currently completing a three-year term on FPA's board
A role model for young women within the finance advice profession
CEO describes efforts to achieve gender parity on both sides of the client relationship
A review of 45 fee-only advisers by the Institute for the Fiduciary Standard shows only 14 of them mention the term on their website homepages
The deal comes as mergers and acquisitions in the brokerage industry have slowed to a crawl due to disruptions caused by COVID-19
The firm separated hedges into two buckets, which is a Reg SHO no-no
